THE BRIEF

Client and Location: Private client, Loxley House, Riverside Business Park, Nottingham

Sector: Office

Service provided: Agency & Development: Letting

The Challenge: The client sought to secure new occupiers for the remaining ground floor office suites at Loxley House and return the building to full occupancy. The objective was to minimise void periods while attracting high-quality tenants to this modern office building in a well-connected business park location.

The Solution

Innes England applied its expert understanding of the Nottingham office market to deliver a proactive letting strategy focused on minimising vacancy and securing suitable occupiers.

Targeted marketing strategy: The available office suites were marketed to businesses seeking modern office accommodation within the established Riverside Business Park, benefiting from excellent transport links and close proximity to Nottingham city centre.

Proactive occupier sourcing: Following terms being agreed between the landlord and an existing tenant for the left-hand ground floor suite, Innes England quickly identified a new occupier for the remaining right-hand ground floor suite and successfully negotiated an off-market letting on behalf of the client.

Efficient transaction management: Working closely with the landlord, incoming occupiers and legal advisors, Innes England progressed both transactions efficiently, with an offer received on the same day the new tenant viewed the suite.

Results

100% occupancy achieved: Following two successful ground floor lettings, including one completed on an off-market basis, Loxley House returned to full occupancy.

Minimal void periods: By acting quickly to identify a new occupier and progressing both transactions efficiently, Innes England helped minimise vacancy and protect rental income for the landlord.

Swift transaction completed: Both deals progressed at pace, with an offer received on the same day the new tenant viewed the available suite, demonstrating strong demand for well-located office accommodation.

Successful off-market letting: Innes England secured an off-market letting for one of the ground floor suites, highlighting the team’s market knowledge, proactive approach and strong network of occupiers.

George Hughes, Graduate Surveyor at Innes England:

“Following terms being reached between an existing Tenant and the Landlord for the left-hand ground floor suite, Innes England were quickly able to identify a new Tenant for the existing right hand ground floor suite and successfully brokered an off market letting on behalf of our client, securing 100% occupancy within the building once more and ensuring minimal void periods for the landlord.

Both deals moved at pace with an offer being received on the same day the new Tenant viewed the suite. Thanks as ever to Russell Thompson from Rothera Bray LLP for the hard work on this one.”

conclusion

This project demonstrates Innes England’s ability to deliver proactive agency advice and outstanding results for landlord clients. By securing two successful lettings, including an off-market transaction, the team returned Loxley House to full occupancy while minimising void periods and maximising value for the client. The result reinforces Innes England’s expertise in matching quality occupiers with well-located office accommodation across the East Midlands.