Accountancy firm Bexons has snapped up 23 Rectory Road in West Bridgford – a semi-detached, three floor office building with car parking to the rear.
Originally on the market on a leasehold basis, in which it managed to achieve a rental of £20.00psf, the decision was then made to explore freehold options.
FHP Property Consultants said: “The level of interest on this property was stronger than anticipated. The property was well suited to a variety of uses, owner occupier, local investor or for residential redevelopment. We secured an excellent sale price…and managed to complete the sale within a reasonable time, allowing the purchasers to gain occupation and start their move across the road.”
Amy Howard, surveyor at FHP Property Consultants, added: “This property is something I have been working on for some months now, given the initial leasehold route and then exploring the freehold option so I am delighted that we have now managed to complete on this sale.
“Freehold stock in West Bridgford is a rarity so we always knew it was going to be popular, but it certainly generated a high level of enquiries which was positive to see and proves the freehold office market demand is still strong in the suburb areas of Nottingham.
“The sale price achieved was a great result in the end for my client and it has been a pleasure to work alongside them, as well as help Bexons in their process of gaining a new office space.
“West Bridgford continues to be a prestigious office location and the nearby town centre amenities continue to grow.”
The retained client said: “I was very pleased with the level of service shown by FHP Property Consultants, especially Amy who we worked closely with throughout. We regarded the price obtained as excellent in today’s market.”