Nottingham City Gate Refurbished Office Space Available
14th February 2009
Despite the challenging economic climate, good quality, City Centre office space is surprisingly hard to find in Nottingham.
Occupiers are understandably keeping a close eye on costs and the refurbishment of additional office space within one of Nottingham’s landmark office buildings, City Gate, has come at an opportune time, offering occupiers the opportunity to acquire first class space giving excellent value for money.
The contract to refurbish vacant space at second and third floor levels within the 172,000 sq ft building has just been completed, to provide suites from 5,600 – 24,000 sq ft, available through the Nottingham offices of NG Nattrass Giles and DTZ.
City Gate sits proudly at the top of Maid Marian Way, overlooking the roundabout with Derby Road, in the heart of Nottingham’s central business district, with all the amenities of the City Centre on the doorstep.
With prime rents at £18.00 – £20.00 per sq ft for new-build office space, the availability of City Gate at a rental of £12.50 per sq ft compares favourably for the quality of the accommodation.
The refurbished, heated and cooled offices provide open plan floors with new suspended ceilings incorporating the latest specification lighting, accessed off two manned reception entrance cores. City Gate has excellent car parking within the secure car parks beneath the building, with one car parking space per 1,000 sq ft included within the rent, and with a large number of additional spaces available by separate negotiation.
“We have let nearly 70,000 sq ft in City Gate over recent years and the landlord’s pro-active programme of rolling refurbishments is paying dividends. This space is very presentable, has loads of car parking and offers an excellent cost effective alternative to new-build space” comments Nick Dunn from NG Nattrass Giles.
Joint letting agent, James Hall, DTZ, adds “we have an excellent tenant mix within City Gate which includes Handelsbanken, HBJ Gateley Wareing Solicitors, Loomis, Fiducia Group, Thomsons Solicitors and debt recovery business, TDX Group Ltd. The newly refurbished space offers broad appeal and is available for immediate occupation”.