Atlantic House, Greenwood Close, Cardiff Gate, Cardiff, CF23 8RD | Property for sale | Savills
5,200 sq ft(483.10 sq m)
Excess of £775,000

Atlantic HouseGreenwood Close, Cardiff Gate, Cardiff, CF23 8RD

    Investment
    5,200 sq ft (483.10 sq m)

    Key features

    • Single let, freehold office investment
    • Located on the leading Business Park in South Wales, Cardiff Gate International Business Park
    • Let to Hoare Lea LLP
    • 5,200 sq ft (483 sq m)
    • We are instructed to seek offers in excess of £775,000 (Seven Hundred Seventy Five Thousand Pounds)
    • This represents an attractive Net Initial Yield of 8%, after deducting standard purchaser’s costs of 6.76%.
    • • This reflects a low capital value of only £149 per sq ft

    Single let office investment, located on the leading Business Park in South Wales, Cardiff Gate International Business Park.

    About this property

    • Description
      The property comprises a two storey purpose built self contained office building with parking allocated. It benefits from an abundance of natural light and is well maintained throughout.

      The specification includes the following:
      • Fully glazed entrance Atrium
      • Raised floors and suspended ceilings
      • Comfort cooling
      • Double glazed powder coated windows
      • Intercom entry system
      • W/C’s on each floor
      The scheme benefits from 24 car parking spaces which provides an excellent ratio of 1:217 sq.ft.

    Local information

    • The property is situated on Greenwood Close at Cardiff Gate Business Park, South Wales’ premier business park location. Occupiers already present on the estate include Coca Cola, International Baccalaureate Organisation, Royal College of Nursing, SWALEC, Mercedes, Audi and Redrow Homes. On site facilities include an Ibis Hotel, crèche, Regus serviced office centre, a Welcome Break featuring Waitrose, Starbucks, WHSmith and Burger King, a Toby Carvery restaurant and pub (opposite the property). The adjacent Cardiff Gate Retail Park includes an ASDA, McDonalds, wren kitchens, Pure gym and B&Q.