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Talbot Green, Llantrisant, CF72 8XL – Llantrisant

This office is now off the market

Cooke & Arkwright
Contact name
Graham Davies
Full address
Pontyclun, Talbot Green, Rhondda Cynon Taff CF72 8XL – Llantrisant
Contact details

020 *** ****

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Property type
Office for sale
Asking price
£8,300,000
Features
Air conditioning, Business park, Car park, Carpeted floor, Lift, Modern, Raised floor, Reception, Restaurant, Security, Storage, Telephone system, Train transport, Transport, Ventilation
Size
111,087 sq ft
Estimated space
1029 people
NIY (%)
11.05

British Airways UK maintenance and research & development facility - Strategically located adjacent to Junction 34 of the M4 Motorway and within the Cardiff Capital Region, one of the UK’s fastest growing commercial locations - Modern office campus providing three, two-storey buildings including VAV air-conditioning, raised floors, passenger lifts, suspended ceilings and atria - 111,087 sq ft facility on a site area of 20.67 acres - Let to British Airways Avionic Engineering Ltd (D&B 3A1), who have been in occupation for 25 years and have recently signed a new reversionary leases - Three simultaneous fully repairing & insuring leases expiring on 24th March 2024 (c.5.5 years unexpired) - Initial rental is £987,000 per annum, which reduces to £805,011 per annum on 25th March 2019, reflecting a low rent of £7.25 per sq ft - The landlord can request the benefit of the tenant’s extensive fit out at lease expiry - Major occupiers in the vicinity include The Royal Mint, Welsh Blood Service, Renishaw, Finning CAT, Leekes, and The Royal Glamorgan Hospital - Aerospace and defence are a cornerstone of the Welsh economy, with world class training, innovation and expertise attracting some of the world’s leading aviation and defence companies to locate within Wales
Close Send email [hygHxhZFfSYTO ] I have worked with Jeremy Symons over the past three years successfully leasing and buying property in support of my business. I continue to be very pleased with his knowledge of the market and expertise. Our relationship over this time has resulted in acquiring 20,000 sq ft at Capital Business Park in Cardiff, leasing 11,000 sq ft at Southpoint, and subsequently leasing an initial 42,000 sq ft at Parc Bedwas, followed by a succession of expansions of a further 11,000 and then 47,000 sq ft, enabling us to centralise all of our operations at Parc Bedwas in a single 100,000 sq ft facility. The acquisitions were completed at the perfect time for tenant purposes and the rent fixed throughout the term at very economical rates. A job well done.

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