A bimetallic nickel(II) complex with the ligand Hsalamp (2-[(4-methyl-pyridin-2-ylimino)-methyl]-phenol), having the molecular formula, Ni₂C₂₆H₂₂ N₄O₁₀Cl₂, is synthesized and characterized by elemental, UV-Vis, IR and EPR studies. The IR spectrum confirms the presence of coordinated perchlorate ion and the UV-Vis. spectrum substantiates that the geometry around the metal ion is distorted square pyramidal. In the solvent methanol, the complex undergoes dissociation indicating the nature of the complex to be 1:2 electrolyte. The single crystal EPR studies indicate that the zero-field splitting is not large and the spectra can be observed even at room temperature, not so common for a nickel(II) ion. The spin Hamiltonian parameters calculated from single crystal rotations are:g - 2.377, 2.219, 2.071 and D - 9.7, 4.2 and -13.9 mT. Optical and electron paramagnetic spectral data have been used to obtain the parametersDq,B andC.