Well Located Re-Letting / Change of Use Opportunity Subject to Planning
A rare opportunity to acquire a highly prominent and well located refurbishment / change of use opportunity Adjacent to Cardiff Business Park in a mixed use location which offers exceptional amenities Excellent communication links via the A469, A48 and M4 (J.32) Within walking distance of Ty Glas railway station and city centre bus route, providing direct access to Cardiff City Centre (8 minutes rail time to Cardiff Queen Street) Cardiff is the UK's fastest growing Core City with a 1.5 million population within a 45 minuite drive and was ranked 3rd best European city for quality of life by the European Union Vacant, 1990s building, constructed around central light well totalling 84,750 sq ft (7,874 sq m) Offers some of the largest floorplates in Cardiff of c.29,000 sq ft Site area of approximately 1.315 ha (3.25 acres) On site car parking for 296 cars (ratio of 1:286 sq ft) Suitable for a variety of uses including; hotel, leisure, residential and senior living, subject to planning Freehold with vacant possession Offers are sought in excess of £4,000,000 (Four Million Pounds) equating to a low capital value of £47.20 per sq ft
The office accommodation is predominantly open plan arranged around a central light well and the specification includes:VAV air conditioning (chillers replaced in 2010) Raised floors Suspended ceilings Category II recessed lighting Two Kone 8 person 630kg passenger lifts and additional service lift Painted and plastered walls Aluminium framed double glazed windows Carpeted/vinyl tiled floor coverings throughout Staff restaurant on the ground floor installed 18 months ago
In recent years, significant investment has been made into the building including replacing the air conditioning chillers, lagging and pipework. In addition, the carpets have been replaced throughout the office accommodation and new kitchen/breakout areas have been installed in the last 12 months.
There is an excellent parking provision with 296 surface level car parking spaces that provide a ratio of 1:286 sq ft (1:27 sq m).