FHP AGREE SALE OF THE NOTTINGHAM PARK CLINIC

Office News

FHP Property Consultants are delighted to announce the sale of The Park Clinic at 36 Regent Street in the Professional Quarter of Nottingham City Centre.

The property comprises a four storey period building, which is occupied by a range of medical practices including Physiotherapy, Eye Clinic, Personal Training, Counselling, Cosmetic medicine, and Beauty therapy.

The building has been purchased by a local property investment partnership who are now in the process of agreeing new leases with all the existing occupiers, who continue to run their businesses from the clinic.

It’s business as usual for the successful Nottingham Park Clinic practices, whilst the building undergoes substantial and necessary renovations.

Mark Tomlinson of FHP Property Consultants, who are acted on behalf of the vendor commented:-

“A purchaser for this property was found within a very short space of time compared to most commercial properties on the market at this time. This highlights the demand for freehold opportunities in this location as we did receive quite a number of enquiries and undertook a number of viewings on the property prior to achieving a disposal.”

He added:-

“Over the last few years property values in this area have seen a decline but certainly not as significant as many properties in more secondary locations. There remains an underlying demand for property in this area given that it is well located and remains popular among medical, professional and residential occupiers. I expect to see value in the area slowly creeping up over the next year or so.”

FHP Property Consultants have now been instructed with Innes England to find further specialist clinics/consultants who require City Centre rooms.

For further information please contact Mark Tomlinson at FHP on 0115 950 7577.