26Jul 2011 by David Ajsose

NHS move into St Nicholas Court under Barbara Henson’s Supervision.

Case Studies, Client Profile, Commercial Property, Exeid News, Nottingham, Office space, Parking, serviced office space
[caption id="attachment_412" align="alignleft" width="300" caption="St Nicholas Court"][/caption] Following the recent Government spending review the NHS have been ordered to reorganise and streamline their services  and find space for the NHS 'Rethink Project', Nottinghamshire Healthcare have been looking for a new site that met these  new requirements. The space needed to be  DDA compliant, modern and comfortable office space, whilst remaining within the financial budgetary restraints set by the review. A tall order  you might think, not with Exeid’s experience. In difficult economic  times many organisations  tend to migrate to the suburbs in a bid save on property prices, however, with travel economics as they are today there really isn’t much to be gained in this aproach.  In addition, organisations need to take into account the fact that the city centre  is the…
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21Jul 2011 by David Ajsose

Interview with Richard Priestly MD of Exeid.com following the recent acquisition of St Nicholas Court a Commercial Office Property on Castle Gate Nottingham.

Commercial Property, Exeid News, Nottingham, Office space, Property Purchase, serviced office space
Six months on and we revisit Exeid.com and their latest office acquisition St Nicholas Court 25 to 27 Castle Gate, Nottingham. We talked with Managing Director Richard Priestley: So Richard, you acquired this building in the thick of what has been described as the most difficult trading conditions for 70 years in the commercial property sector. Was that a foolhardy or smart move and why? To be fair it was almost a bit of both. The property was first identified as a target by our CEO a few of years back. Basically, it was approximately 60% vacant but at that time the  requirement to pay “empty rates liability” had not kicked in so the price tag, whilst much higher than what was eventually paid, was almost justified. So why wasn’t…
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