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3 Purbeck House, Lambourne Crescent, Cardiff

Offers in Excess of
£700,000

£146.05 per sq ft

Business rates & charges may apply

Emanuel Jones LLP, Cardiff
SIZE AVAILABLE

4,793 sq ft

445 sq m

SECTOR

Office for sale

USE CLASSUse class orders: B1 Business

B1

Key features

  • 12 year lease to Agored Cymru from October 2024
  • Agored Cymru have a Credit Safe risk of 96/100 "Very Low Risk"
  • No VAT
  • Comfort Cooling
  • DDA Compliant
  • 17 Car Parking Spaces

Description

Cardiff Business Park is strategically situated in north Cardiff, in the affluent suburb of Llanishen, approximately 3.5 miles from the city centre. The development enjoys excellent connectivity, being just 3.3 miles from Junction 32 of the M4 motorway. Public transport links include regular bus services along Ty Glas Avenue and the Ty Glas train station conveniently located at the southern end of the estate.

Cardiff Business Park is home to a diverse range of commercial occupiers, including Screwfix, Pelican Healthcare, and Blue Self Storage.

To the north lies Cardiff Lifestyle Shopping Park, offering additional amenities such as JD Gyms, Starbucks, and an M&S Food Hall. On-site facilities also include a Bannatyne Health Club and a Morrisons supermarket.

3 Purbeck House comprises a three storey courtyard office building with accommodation split equally between each floor.

The property benefits from 17 on site car parking spaces that are located directly outside. This reflects a car parking ratio of 282 sq ft per space.

The property is let to Agored Cymru (Charity Number 1105070 / Company Number 05133651) on a 12 year lease from 8th October 2024 with an expiry of 7th October 2036. The lease was recently renewed at an agreed rent of £57,516 per annum (£12 psf) having originally taken occupation in 2012. There are upward only rent reviews in 2028 and 2032. There are no break clauses.

Brochures

3 Purbeck House, Lambourne Crescent, Cardiff

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ty Glas Station0.4 miles
  • Heath High Level Station0.5 miles
  • Heath Low Level Station0.6 miles

About Emanuel Jones LLP, Cardiff

6 Ty-Nant Court, Cardiff, CF15 8LW

Property Services

Property Services offered include the following, however please do not hesitate to contact us if you wish to discuss your requirements in more detail.

Retail Agency

Emanuel Jones proactive marketing and up to date market knowledge mean we are excellently placed to deal with high street and out of town retail lettings, sales and acquisitions. The practice advises a number of retailers in regard to their acquisitions, disposals, rent reviews and lease renewals. We have recently assisted Ramsdens Financial establishing a prescence in the region's retail market, while helping Get Connected mobile phone store increase their portfolio to 84 Shops in Wales, the South West and Midlands. As well as advising Betfred on their property portfolio in South Wales.

Additionally the practice has assisted on asset management initiatives for landlords of single shop units, shopping centres and retail parades in order to enhance value.

Our clients include regional and national retailers, property companies, private, pension and institutional investors as well as developers.

Contact - David Williams / Rhys Williams

Office Agency

Emanuel Jones has been at the forefront of the regions office market for 10 years. Through in-depth knowledge of current requirements and a forward thinking pro-active marketing approach they deal with lettings, sales and acquisitions of various offices throughout the region.

Contact - Robert Emanuel / Rhys Williams

Professional

Emanuel Jones deal with retail and office rent reviews, lease renewals and property portfolio reviews which include lease re-gearing initiatives and employ forward thinking proactive tactics in negotiation for both landlord and tenants in order to enhance value for the client.

Contact - Robert Emanuel / David Williams / Rhys Williams

Investment

Through our agency activities and appreciation of capital markets we provide advice on investment acquisitions and disposals as well as providing asset management strategies in order to maximise value of client's holdings.

Contact - Robert Emanuel or David Williams

Development

Emanuel Jones has been involved in a number of large and small commercial development projects. The practice has been instrumental in identifying development sites and providing advice on purchase and potential development opportunities through to letting and finally investment sales. An example of this is Greenmeadow Springs which is an out of town office park located to the North of Cardiff providing consent for over 200,000 sq ft which is being developed in three phases. The first phase of 80,000 sq ft having been completed and fully let or sold.

Contact - Robert Emanuel

Other

We cover all property types

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3PurbeckHouse. 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 Emanuel Jones LLP, Cardiff. 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.

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