TWIST DIGITAL COMPLETE PURCHASE OF 2.3 CLARENDON BUSINESS PARK

Office News

FHP Property Consultants are delighted to announce the sale of 2.3 Clarendon Business Park, a modern two storey office building just to the north of Nottingham City Centre.  The property has been purchased by Twist Digital, who provide tools and social support for internet marketing firms.  Twist Digital are relocating from serviced offices on Hucknall Road having rented offices since their incorporation.

Andrew Slack, Managing Director of Twist Digital commented: –

“I am delighted to be moving onto Clarendon Business Park which is just around the corner from our current offices. Having rented for a large number of years and been contributing to somebody else’s mortgage, I felt the time was right to purchase our own property.

The media are reporting that the property market is showing signs of recovery which suggests now is the right time to buy. I hope that the cost of legal fees, renovation work and relocation will be offset by the increase in value over the upcoming years. Most of all it means we can start paying off our own mortgage rather than somebody else’s.”

Mark Tomlinson of FHP Property Consultants, who acted on behalf of the vendor in the sale commented: –

“Freehold offices around the City are in increasingly short supply at this time and prospective purchasers can choose from only a handful of options.  Due to this lack of supply we are seeing a steady improvement in freehold values being achieved which is a positive story for the office market which has been a very difficult sector over the last few years.

We are now seeing signs of improvements and this sale shows that there continues to be demand for good quality offices in the right locations.

We are now marketing the neighbouring property on Clarendon Business Park which is available both for sale or to let with options from 2,000ft² – 4,000ft².”