Nottingham's office market could gain a real boost to its take up figures for 2010 as one of it's most iconic buildings is offered for sale or to let.

Mowbray House, part of the HM Revenue and Customs campus will release 59,864 sq ft of grade A office space into the local marketplace, and will represent a significant contribution towards the average city centre annual take up figures when disposed of.

Whilst the local and UK office occupier market is only just beginning to show signs of a turning point, sole agents King Sturge, acting on behalf of Guernsey based property company, Mapeley, believe the building's unique status and the city's latent demand and current lack of quality office stock has helped create a demand for the landmark offices.

"Mowbray House is an award winning building, designed by Hopkins Architects," says Matthew Robertson from King Sturge. "It represents some of the best space in the city, with the largest regular floor plates currently available and a high quality working environment with views towards the castle.

"And it rates as BREEAM Excellent and scores B on its Energy Performance Certificate (EPC), higher than a good many new builds today."

Hopkins created the HM Revenue and Customs scheme as a pioneering 'Green' project in the UK in 1990's.  At night the inherent thermal mass of the concrete is exploited and purged with fresh air to pre cool the structure. At the corners of the buildings, the air within the glass block stair towers warms and rises on sunny days, giving extra drive to the ventilation system. Fabric umbrellas on the tops of the towers act as large dampers, lifting to exhaust hot air and closing, on cool days, to conserve heat.

"We know that leases of a number of key occupiers close to Mowbray are due to expire and for organisations outside of the region looking to Nottingham, the city offers cost effective occupational space with relatively large pools of labour.

Many of the options available are mainly secondary, dated and failing to meet occupier's requirements," adds Matthew. "Additionally the build quality of Mowbray House secures its position as prime stock and ticks the boxes for Corporate Social Responsibility(CSR), representing a suitable option for public and private sectors looking for new headquarters in the city.  

"Mowbray House is a one off, a statement building and we don't expect anything similar to come to the market for some time until there is a significant upturn in the market and speculative development starts once more."

One of six office buildings on the Castle Meadow campus, Mowbray House is close to the station and tram terminus and is arranged over four floors which include ground, first, second and third floors, available on flexible leases of 14, 159 sq ft.