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Investment Highlights
- Single let office investment located in Nottingham’s Professional Quarter.
- Self-contained suite extending to 1,409 sq ft (131 sq m).
- Let to a strong local covenant on a 5 year lease.
- Prime location on The Ropewalk.
- 6 car parking spaces.
- Offers are invited in the region of £360,000 for the long leasehold interest, subject to contract and exclusive of VAT.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold/Long Leasehold |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
Sale Notes
Nottingham is the principal city in the East Midlands and benefits from a £9 billion economy. The city is located approximately 128 miles north of London, 45 miles north-east of Birmingham, and 28 miles north of Leicester. Nottingham Train Station provides regular services to London St Pancras (1 hour 40 minutes), Birmingham (1 hour 14 minutes), and Leicester (27 minutes). East Midlands Airport is situated 11 miles south-west of the city, providing direct flights to destinations throughout the UK and Europe.
For Sale - Character Office Investment Let to a Strong Local Covenant The property comprises a self-contained ground-floor office suite within Cavendish House, an elegant self-contained three storey office building situated in one of Nottingham’s most prestigious locations, nestled between The Park Estate and within the traditional Professional Office Quarter of the city centre. Cavendish House is a mixed office/residential building that was converted approximately 20 years ago to provide high class office and residential accommodation. The office suite is accessed from The Ropewalk via a private paved courtyard and comprises a series of offices, meeting rooms, stores, with ancillary kitchen and toilet accommodation all on one level. In addition, there is a small basement storage area. The property offers attractive office accommodation finished to a good standard to include plastered ceilings with spotlights and strip lighting, carpeted floors, data points, well-fitted kitchen and toilets, and gas-fired central heating throughout. To the rear of the main open-plan office is an external staircase giving access to the rear enclosed car park, with the right to use 6 car parking spaces and the opportunity for more spaces off-site with permit parking in The Park.
Self-contained suite extending to 1,409 sq ft (131 sq m) 6 car parking spaces.
Offers are invited in the region of £360,000 for the long leasehold interest, subject to contract and exclusive of VAT.
For Sale - Character Office Investment Let to a Strong Local Covenant The property comprises a self-contained ground-floor office suite within Cavendish House, an elegant self-contained three storey office building situated in one of Nottingham’s most prestigious locations, nestled between The Park Estate and within the traditional Professional Office Quarter of the city centre. Cavendish House is a mixed office/residential building that was converted approximately 20 years ago to provide high class office and residential accommodation. The office suite is accessed from The Ropewalk via a private paved courtyard and comprises a series of offices, meeting rooms, stores, with ancillary kitchen and toilet accommodation all on one level. In addition, there is a small basement storage area. The property offers attractive office accommodation finished to a good standard to include plastered ceilings with spotlights and strip lighting, carpeted floors, data points, well-fitted kitchen and toilets, and gas-fired central heating throughout. To the rear of the main open-plan office is an external staircase giving access to the rear enclosed car park, with the right to use 6 car parking spaces and the opportunity for more spaces off-site with permit parking in The Park.
Self-contained suite extending to 1,409 sq ft (131 sq m) 6 car parking spaces.
Offers are invited in the region of £360,000 for the long leasehold interest, subject to contract and exclusive of VAT.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit Suite 1 | 1,409 sq ft | Office | Upon Request | - |
Unit Suite 1
| Unit Size |
| 1,409 sq ft |
| Unit Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
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Unit Suite 1
| Unit Size | 1,409 sq ft |
| Unit Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Sale Notes | |
| Nottingham is the principal city in the East Midlands and benefits from a £9 billion economy. The city is located approximately 128 miles north of London, 45 miles north-east of Birmingham, and 28 miles north of Leicester. Nottingham Train Station provides regular services to London St Pancras (1 hour 40 minutes), Birmingham (1 hour 14 minutes), and Leicester (27 minutes). East Midlands Airport is situated 11 miles south-west of the city, providing direct flights to destinations throughout the UK and Europe.<br> For Sale - Character Office Investment Let to a Strong Local Covenant The property comprises a self-contained ground-floor office suite within Cavendish House, an elegant self-contained three storey office building situated in one of Nottingham’s most prestigious locations, nestled between The Park Estate and within the traditional Professional Office Quarter of the city centre. Cavendish House is a mixed office/residential building that was converted approximately 20 years ago to provide high class office and residential accommodation. The office suite is accessed from The Ropewalk via a private paved courtyard and comprises a series of offices, meeting rooms, stores, with ancillary kitchen and toilet accommodation all on one level. In addition, there is a small basement storage area. The property offers attractive office accommodation finished to a good standard to include plastered ceilings with spotlights and strip lighting, carpeted floors, data points, well-fitted kitchen and toilets, and gas-fired central heating throughout. To the rear of the main open-plan office is an external staircase giving access to the rear enclosed car park, with the right to use 6 car parking spaces and the opportunity for more spaces off-site with permit parking in The Park.<br> Self-contained suite extending to 1,409 sq ft (131 sq m) 6 car parking spaces.<br> Offers are invited in the region of £360,000 for the long leasehold interest, subject to contract and exclusive of VAT.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 5,305 sq ft | Typical Floor Size | 1,768 sq ft |
| Property Type | Office (Unit) | Year Built | 1857 |
| Costar Property Class | B | Parking Allocation | 1.13/1,000 sq ft |
| Floors | 3 |
| Total Property Size | 5,305 sq ft |
| Property Type | Office (Unit) |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 1,768 sq ft |
| Year Built | 1857 |
| Parking Allocation | 1.13/1,000 sq ft |
Amenities
- 24 Hour Access
- Security System
- Storage Space
1 1
Major Tenant Information
| TENANT | sq ft Occupied | LEASE END DATE |
|---|---|---|
| CBP Architects |
1,478 sq ft
|
-
|
| The Ropewalk Dental & Implant Suite |
871 sq ft
|
-
|
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1 of 1
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44-48 The Ropewalk
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