Mon, 18 Oct 2021 | COMMERCIAL PROPERTY
Office building units located in the Cardiff Gate Business Park are being marketed for sale with a price tag of £5.2 million. The properties are unit 2A Oaktree Court, a three-storey unit covering 6,522 sq ft, and four units located at Copse Walk, which total 32,550 sq ft.
The sale represents an 8.63 per cent initial yield and £134 per sq ft capital value. The offices generate annual income of close to £482,000, with 93 per cent of the properties currently let or under offer.
Current occupiers include the Royal College of Nursing of the United Kingdom, Advanced Medical Simulation Online and European Scanning Centre (Harley Street). Both of the properties feature car parking facilities.
The properties are being marketed for sale by specialist property advisory Savills on behalf of the Cardiff Gate Business Park.
Ross Griffin, Director at Savills Cardiff’s UK investment division, commented: “This is an exciting opportunity to acquire a multi let office investment underpinned by the Royal College of Nursing on the premier business park in South Wales.”
Griffin added: “The properties have a secure steady income with asset management potential and is likely to attract strong interest from investors.”
One of the best ways to find properties below market price is to look at recent administrations.
Operating from Yorkshire, this esteemed company serves clients across the UK and around the globe. With a client base encompassing doctors, beauty therapists, training academies, aesthetics clinics, pharmacies, and other wholesalers, it consistently...
LEASEHOLD
The company was incorporated in 2012 and trades from a unit in Scotland but may be relocated anywhere in mainland GB. It has an excellent reputation for quality, customer-focused services and gets repeat business from its diverse client base. Orders...
RELOCATABLE
Opportunity to acquire a successful establishment that holds the prestigious position of being the largest snooker club in the South West. Since its grand opening in October 1990, vendor has consistently delivered unparalleled service, creating a wel...
FREEHOLD
09
|
Jun
|
Long-standing retail display firm acquired out of administration | BUSINESS SALE
Manchester-based retail display specialist Axiom Marketing S...
09
|
Jun
|
Logistics group completes 23rd acquisition since 2015 | BUSINESS SALE
Logistics firm EFS Global has continued its acquisitive grow...
08
|
Jun
|
UK IT specialist acquired by New York workforce management group | BUSINESS SALE
Gibbs Hybrid, a UK-based IT and business services firm, has ...
09
|
Jun
|
Logistics group completes 23rd acquisition since 2015 | BUSINESS SALE
Logistics firm EFS Global has continued its acquisitive grow...
09
|
Jun
|
Long-standing retail display firm acquired out of administration | BUSINESS SALE
Manchester-based retail display specialist Axiom Marketing S...
08
|
Jun
|
Farm and estate insurance broker targeting acquisitions | BUSINESS SALE
Lycetts Holdings Limited, a Newcastle-based broker specialis...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.