HIGH PAVEMENT PURCHASED BY FOXHALL


March 28, 2014

Office News

Acting on behalf of Teleral Trillium FHP have sold the 17,500ft² former Job Centre on High Pavement within the town centre of Sutton-in-Ashfield to Foxhall Business Centres.

Foxhall Business Centres were established in 2002 with the ideology to create a flexible and versatile approach to office management.  This will be their fourth office within their portfolio adding to Foxhall Lodge on Radford Boulevard, 2 King Street overlooking Nottingham Market Square and Hamilton House on Hucknall Road in Sherwood.

Tom Wilton of Foxhall commented:

“High Pavement was an opportunity too good not to proceed with.  Expanding into Sutton-in-Ashfield and particularly into a building like this is a good fit for Foxhall and allows us to increase our operation.  Our intention is to benefit from the excellent town centre location and proximity to the Motorway by undertaking a full refurbishment to the office suites to bring them up to a very high standard in line with the rest of our offices.

We haven’t fully made up our minds as to the size and services of offices in the building so at this stage we are able to react to what the market wants be it one operator or a number of smaller operators.

James Hartley of FHP Property Consultants commented:

“This sale of High Pavement is the third former Job Centre that FHP have sold for Telereal Trillium and the second sale within the last 12 months alone.  Working alongside Trillium in these disposals is always enjoyable and offers a different challenge every time.  We have sold buildings to a Church in Nottingham City Centre, a Government funded project in Basford and now this one to Foxhall. 

We have also recently been instructed to market a former Job Centre in Derby that is drawing strong attention from restaurant users.  Each site is so unique because of its style, location and condition.”  

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