Talbot Green, Llantrisant, CF72 8XL

For sale £8,300,000 111,087 sq ft ~Space for 1029 people (est)
5 months ago. Cooke & Arkwright
Full address
Talbot Green, Llantrisant, CF72 8XL - Llantrisant
Contact details
Asking price
£8,300,000
Property type
Office for sale
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
This value is estimated based on allocating 108 sq ft per person for office space
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

This office for sale is located in Llantrisant

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National rail 2.3m Pontyclun
Nearest airport 16.7m Cardiff

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