Ty Derw, Lime Tree Court, Cardiff Gate Business Park, Cardiff, CF23 8AB
Size
10,092
Tenure
Freehold
EPC
Parking
43
- Primary use
- Traditional office
- Capacity
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- Desks
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No floor / site plan
Key features
- Prime single let secure office Investment.
- Excellent location on Junction 30 of M4 motorway.
- A modern, well specified office accommodation on Ground, 1st & 2nd floors totalling 10,042 sq.ft.
- Dedicated car parking for 43 vehicles.
- Single let to Azets Holdings Ltd. Lease expiring December 2030.
- Current rent of £123,415 per annum.
- Freehold - with Registered Title CYMS10092.
Description
The property comprises a Grade A detached bespoke three-storey office building was constructed in 2010.
The building is laid out on three floors with a pitched slated roof, unrendered brown brick elevations, and windows are double-glazed steel framed throughout.
The property offers the ability to be let in parts to create suites, as per the adjacent Brook House.
The main entrance is on the east side of the building via a bespoke glass panelled atrium with a lift to first/second floors.
The internal office specification on all three floors includes:
• raised floors;
• air conditioning;
• male/female/disabled toilets; and
• partitioned staff kitchen.
Location
Cardiff Gate Business Park (CGBP) is located on junction 30 of the M4 and is recognized as the largest and premier business park in Cardiff. CGBP has been developed in phases over a circa 20 year period and now includes a mixture of uses including offices, hotel, a motorway service station, creche, retail facilities, car showrooms and a restaurant/public house.
Established occupiers include SSE, Molson Coors, Royal College of Nursing, Mercedes Benz, Volvo, Credit Safe and numerous local, regional, and national professional businesses.
Proposal
We are instructed to seek offers in excess of £1,400,000 (One Million and Four Hundred Thousand Pounds), subject to contract and exclusive of VAT, reflecting a net initial yield (NIA)of 8.3% and a capital value of £147 per sq. ft.
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
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- Environmental description
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Ty Derw, Lime Tree Court, Cardiff Gate Business Park, Cardiff, CF23 8AB
About Cooke & Arkwright Limited, Office Agency
Cooke & Arkwright is one of the leading firms of Chartered Surveyors in Wales. The practice has played a principal role in the Welsh property market and been integral to its development, providing professional advice and commercial property services for over 100 years. Our in-depth knowledge and understanding of property market trends in the region and beyond is probably unrivaled.
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Disclaimer - Property reference 330756-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cooke & Arkwright Limited, Office Agency. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.