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UNDER OFFER

The Birkin Building, 8 Broadway, Nottingham, Nottinghamshire

£1,850,000

£108.73 per sq ft

Business rates & charges may apply

Innes England Ltd, Nottingham
SIZE AVAILABLE

17,014 sq ft

1,581 sq m

SECTOR

Commercial property for sale

Key features

  • NIA: 17,014 sq ft GIA: 21,393 sq ft
  • Rental income of £154,840 pa providing a low average rent of £12.53 psf
  • Net initial yield of 7.88% and reversionary yield of 11.71%

Description

The property is five storeys high, brick constructed and dates back to the original Lace Market development, constructed in the mid-1800's.

This is broadly an L-shape as it follows the curve and realignment of Broadway as it runs down to Stoney Street. This element provides two impressive entrances constructed from stone with bays above and also within the eastern most element is a decorative archway. The building also
benefits from a passenger lift.

Internally the property provides a variety of good quality office accommodation benefitting from ample natural light, with most offices benefitting from more recent fit outs but generally include perimeter trunking, good quality lighting and heating, as well as toilet and kitchen facilities.

Brochures

The Birkin Building, 8 Broadway, Nottingham, Nottinghamshire

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lace Market Tram Stop0.1 miles
  • Old Market Square Tram Stop0.3 miles
  • Station St Tram Stop0.3 miles

About Innes England Ltd, Nottingham

2 The Triangle, Enterprise Way, NG2 Business Park, Nottingham, NG2 1AE

Innes England commercial property agency has offices in Nottingham, Derby and Leicester.

The region's leading commercial property agency managing sales, lettings, investments, disposals and acquisitions of all commercial property including office, retail and industrial. Expert teams provide additional asset management, consultancy, professional services and building consultancy.

Nottingham Office

Innes England works with clients across the UK, with a special focus on the East Midlands. As the most active agent in the East Midlands for ten consecutive years*, this means we put more of our energy into driving results for our clients than any other agent in the region.

We are the only commercial property consultancy to have offices in Derby, Leicester and Nottingham, giving us an unrivalled local knowledge which allows us to offer relevant, tailored and well-informed advice to our clients.

Our extensive team provides expertise spanning the entire commercial property spectrum with surveyors, retail specialists and property asset management professionals backed up by a highly capable support team. Our shareholding directors take a hands-on approach, working in the business on a day-to-day basis and offering their experience and know-how to clients' projects.

We have a proven track record of delivering real results, and have worked with an enviable client list on countless successful projects, always with a focus on finding a commercial, viable solution, reducing risk and maximising value.

Innes England offers services in:

Acquisitions, disposals and lettings

Land sales and commercial development

Property asset management

Investment services

Business rates, lease consultancy and valuation

Building consultancy

Energy consultancy and Energy Performance Certificates (EPCs)

Derby Office

https://www.rightmove.co.uk/estate-agents/agent/Innes-England-Ltd/Derby-88900.html

Leicester Office

https://www.rightmove.co.uk/estate-agents/agent/Innes-England-Ltd/Leicester-88897.html

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 8670FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Innes England Ltd, Nottingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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