The head office of a Ruddington software business has been sold in a £6m deal.
Savills, on behalf of Three Peaks Nottingham Ltd, has sold 1 Mere Way, at the Ruddington Business Park, to Corum XL for £6.3m.
Set across 2.6 acres, the office space is let to Ideagen PLC on a new 15-year lease.
Victor Ktori, head of office at Savills Nottingham, said: "We are very pleased to have secured the sale of this headquarters office investment."
Michael Johal, director of Three Peaks Nottingham Ltd, said: “We are very pleased to have concluded this sale swiftly, even within a climate of uncertainty, as well as concluding the lease term during the Covid-19 disruption.
"This underscores the fact there is demand for property investment and a good outlook for well-located assets.”
A spokesman from LSH, which represented Corum XL, added: “We are very pleased to have secured this off-market opportunity for the Corum XL fund, managed by Corum Asset Management Performance, who demonstrated their professional approach throughout.”
New West acted as joint agent with Savills.
The development is located six miles to the south of Nottingham, providing access to the A60.
Other occupiers include Vision Express, EMTEC Colleges, Quotient Clinical, Greene Tweed, Experian, Ergo, NEC, Styles & Wood and Capita.
