H4 Ash Tree Court on Nottingham Business Park has been sold to CadXtra, a multi-disciplined Design Consultancy.
H4 is a self-contained, mid-terraced office building situated across two floors, comprising 2,350 sq ft. Prior to the sale, the property underwent extensive refurbishment.
FHP collaborated with a private client to secure the sale. Despite initial limited interest, demand eventually increased. This interest led to best and final offers, resulting in a strong sale price that set a new benchmark for freehold values within close proximity to the subject property.
CadXtra, the purchaser, had been searching for an ideal office space for some time and found H4 Ash Tree Court to be the perfect fit.
FHP have also secured a new letting at G6 Ash Tree Court, which is currently under offer and expected to complete in the coming weeks. Additionally, there is interest in the remaining office suite at H7, which is available as an investment opportunity.
Amy Howard, Surveyor at FHP Property Consultants, said: “It was a great result to finalise this sale for my client. After a slow start, we soon attracted a strong level of enquiries for both rental and purchase options. We secured an excellent sale price for my client and it was a pleasure to work alongside CadXtra in the sale, helping them find their ideal office space.”
