A major office scheme in Nottingham's business district has been put on the market for in the region of £16m. The two buildings, known as City Gate East and West, are situated at the top of Maid Marian Way. Property advisers JLL have been instructed to sell the 175,000 sq ft scheme. James Keeton from the Nottingham office of JLL said: "As a pure property play, this ticks every box. "It's right in the heart of the business district, has a strong occupancy level and tenant mix of major corporate brands including Regus, RSM, Domestic & General, NTU and the Experian subsidiary, HD Decisions, as well as delivering numerous asset management angles. "The building boasts one of the largest and most efficient floor plates in the city, being an average of circa 19,000 sq ft with the building majority refurbished also having just over 500 parking spaces, which given its city centre location, is a very high ratio. "It's also a genuine landmark in a highly prominent position, which is important for many occupiers."
A 175,000 sq ft office scheme in Nottingham's city centre is being offered for sale, with a price tag in the region of £16m ($22m). The landmark City Gate East and West buildings have a number of corporate tenants in residency, including office-space provider Regus and Experian subsidiary, HD Decisions.