Off the back off a number of lettings at Evo Park, NG have secured the investment sale of the whole of estate to a private fund in a £7.5M deal.
Acting on behalf of Bauland Properties, a fund managed by Praxis Real Estate Management and working jointly with FHP, the sale of Evo Park represents continued confidence in the commercial investment market. Evo Park is a multi-let office and hybrid scheme at Sherwood Park at Junction 27 of the M1 motorway.
The park is located in the heart of Sherwood Business Park. Sherwood Park employs almost 6,500 people and accommodates an excellent mix of over 2 million sq ft of office buildings and industrial / warehouse accommodation.
The scheme comprises a multi-let estate of office and hybrid buildings boasting an excellent tenant line up including Nottinghamshire County Council, Infosys, and Zeppelin Systems, totalling some 110,000ft². The property was purchased with the potential to add future value through increased occupancy levels and rental income.
For additional information please contact Director, Sunny Landa at NG Chartered Surveyors.