1. 2 Millennium Way West I Phoenix Business Park Nottingham I NG8 6AS Detached office investment Current income £29,000 per annum exclusive ERV circa £68,500 per annum (£12.00 per sq ft) For Sale Well presented office building upgraded in 2013/2014 Five year lease expiring 24 March 2018 outside of the L & T Act (Security of Tenure Provisions) No car parking levy Excellent growth prospects Only £99 per ft² capital value Substantial discount to VP Value Offers at £565,000 Reversionary yield 11.42%

2. The Location Millennium Way West forms part of the Phoenix Business Park with close by occupiers including The British Red Cross, Focus Consulting, E.ON, Willmott Dixon, etc. Close by there is a Premier Inn hotel and Beefeater public house together with a range of services close by including a Tesco Express and filling station. Phoenix Business Park lies approximately four miles north-west of the Nottingham city centre and one mile from Junction 26 of the M1. Phoenix Park lies on the Nottingham Express transit (the tram) with a Park and Ride car park. The trams run every 10 minutes to the city from Phoenix Park. The Property The property was probably built in 2002 of steel framed construction with external elevations of facing bricks lying beneath a pitched tile covered roof. The rainwater goods are aluminium and the windows powder coated aluminium framed and double glazed. The accommodation has air conditioning and gas central heating being principally open plan and comprising at ground floor level an entrance hall with ladies and disabled toilet off. The offices have raised floors with a kitchenette at each of ground and first floors. The first floor accommodation comprises a landing with gentlemen’s toilets off and the open plan offices which have been subdivided and also incorporate a kitchenette and break-out area. To the forecourt there is a paved and tarmac surfaced 22 space car park. 2 Millennium Way West I Phoenix Business Park I Nottingham I NG8 6HS Income & ERV The property currently produces an income of:- £29,000. We are of the opinion that the ERV of the property is circa £12 per ft² equating to:- £68,500 per annum

3. Tenancy The property is let under a lease dated 18 July 2013 to Edmond Shipway LLP for a term of five years from 25 March 2013 expiring 24 March 2018, the lease drawn on full repairing and insuring terms outside of the Security of Tenure Provisions afforded by Sections 24-28 of the Landlord and Tenant Act 1954. A copy lease is available upon request. Accommodation From our measured survey carried out in accordance with the RICS Code of Measuring Practice (6 th Edition) we would confirm the accommodation to be as follows: Rates Information From enquiry of the Valuation Office Agency website the property has the following assessment: Description:Offices and Premises Rateable Value:£59,500 DescriptionM² Ft² Ground floor259.8 2,797 First floor269.8 2,904 Total net internal floor area 529.6 5,701 Covenant Edmond Shipway LLP is a long and well established firm of Cost Consultants involved in Project Management, Cost Consultancy, Building Surveying, M&E Consultancy, Bream Assessors, Sustainability Consultancy and Project Safety. It is a multi Disciplinary Construction Consultancy dealing with over £750,000,000 worth of construction activity per annum. The Nottingham office is 1 of 8 offices located throughout the county having been established in Nottingham for over 25 years. Further information can be obtained from www.edmondshipway.com www.edmondshipway.com

4. VAT & Costs Each side is to be responsible for their own costs. The purchase price is subject to VAT. The sale will be as TOGC transaction. EPC Copies of the EPC will shortly be available. Vacant Possession Value We are of the opinion that the vacant possession value of the property is in the region of £120 per ft² say: £685,000 For further information or to arrange to view please contact: Stephen Gillott T: 0115 841 1133 M: 07787 787 887 E: steve@fhp.co.uk Noel Roper T: 0115 841 1132 M: 07711 211 511 E: noel@fhp.co.uk Fisher Hargreaves Proctor Ltd. 10 Oxford Street, Nottingham, NG1 5BG Property Misdescriptions Act 1991. All statements contained within this brochure have been provided in good faith and are understood to be correct. Accuracy in respect of all statements cannot be guaranteed as we rely on information provided and they do not form part of any contract or warranty and accordingly: 1) Dimensions, distances and floor areas are approximate and given for guidance purposes only. Potential purchasers should satisfy themselves as to the validity of the guide figures given. 2) Information on tenure of vacancies is provided in good faith and prospective purchasers should have this information verified by their solicitors prior to purchase. 3) Information on rating assessments, availability of services and Town and Country planning matters have been obtained by an oral enquiry to the appropriate planning authority. Fisher Hargreaves Proctor do not warrant that there are no connection charges Inherent in the availability of services to the unit. Prospective purchasers should obtain written confirmation prior to entering into any contract for purchase or lease. 4) Detailed tests have not been undertaken on services, central heating installations, plumbing installations, electrical installations, etc. and purchasers/lessees should undertake independent tests as to the condition of all services and mechanical engineering installations. 5) All guide price and rental figures are quoted exclusive of VAT unless expressly stated to the contrary. FHP 06/09. E&OE. Price The property is available for a price of: £565,000 This reflects a net initial yield of 4.85%, reversionary yield of 11.42% and a true equivalent yield of 9.57% net of costs. The purchase price reflects a capital value of £99 per ft² and an approximate discount from vacant possession value of 17.5%.