Monday, March 1, 2021

10,000 sq ft office letting secured in Nottingham during lockdown

Trent Education Centre Ltd has taken a lease of 16 Castle Boulevard, a 10,000 sq ft office building in Nottingham City Centre, for a college building.

Recently refurbished, the property provides open plan accommodation across two floors, all bathed in natural light from two central atriums, and benefits from car parking facilities to the rear.

Thomas Szymkiw of FHP Property Consultants Office Team, who acted on behalf of the Landlord, said: “The building was previously multi-occupied by four tenants, however with the last one leaving just prior to Christmas it was increasingly obvious that during the lockdown period it would have been a struggle to see the space reoccupied to its full capacity within a swift timeframe.

“After previously assisting Trent Education Centre on a similar requirement a couple of years ago, they got back in touch with me to see whether I could help with their search for another site in the city. It made complete sense for me to put forwards the opportunity of taking the whole building to them – an opportunity that thankfully matched their requirement perfectly.

“My client is of course very pleased with the outcome, which in a currently challenging office market, has not only secured a tenant for their 10,000 sq ft building, but also mitigated any potential empty business rates liabilities.”

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