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For sale

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investment

£2,875,000

Trent House, Mere Way, Ruddington Fields Business Park, NG11 6JS

1,697m² (18,263ft²)

Single let commercial investment let on a long term lease on the established Ruddington Fields Business Park

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Property Information

  • Detached life sciences/R&D building on a large plot
  • Let on a lease expiring 24 Dec 2049 – 23 years unexpired
  • Tenant break option 18 Dec 2031
  • Let to Quotient Sciences Limited – very low risk covenant
  • Tenant in occupation since original construction in 1999 producing £283,076.50 pa (£15.50 per ft²)
  • Quoting price – £2,875,000 reflecting a net initial yield of 9.25%

Reference No: 11925

Contact Agent

Mark Tomlinson

T: 07917 576 254

E: mark@fhp.co.uk

Guy Mills

T: 07903 521 781

E: guy.mills@fhp.co.uk

Location

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