3 Purbeck House, Lambourne Crescent, Cardiff

For Sale : GBP 700000

Details

Property Type
4,793 sq ft

Description

Property Details: • Type: 4,793 sq ft • Tenure: N/A • Floor Area: N/A

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

Location: • Nearest Station: Ty Glas Station • Distance to Station: 0.4 miles

Agent Information: • Address: 6 Ty-Nant Court, Cardiff, CF15 8LW

Full 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.

Location

Address
3 Purbeck House, Lambourne Crescent, Cardiff
City
Lambourne Crescent

Features And Finishes

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

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