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Investment Highlights
- Part let with 2 small office suites vacant
- Ample parking facilities
- Long Leasehold
- Good location with bus links close by
- 1,846 sq.ft (171.5 sq.m)
Executive Summary
The property is located on Cowbridge Road East which hosts a mix of national and local occupiers. The property benefits from good frontage onto the main road and is situated just 10 minutes from Cardiff city centre. Ninian Park Railway Station is within an 12 minute walk and provides direct access in to the City Centre.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| No. Parking Spaces | 7 |
| Sale Type | Investment |
| No. Parking Spaces | 7 |
| Tenure | Long Leasehold |
Description
The property comprises a two storey office building, situated within a purpose built development with a communal courtyard and 7 designated parking spaces.
Sale Notes
We are instructed to seek offers in excess of £250,000. This reflects a low capital value of only £135.43 per sq.ft.
Tenancy: Subject to the existing 5 year lease from June 2022 at £19,400 pax.
Tenancy: Subject to the existing 5 year lease from June 2022 at £19,400 pax.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 3 | 1,846 sq ft | Office | £250,000 (£135.43/sq ft) | - |
Unit 3
| Unit Size |
| 1,846 sq ft |
| Unit Use |
| Office |
| Price |
| £250,000 (£135.43/sq ft) |
| NOI |
| - |
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Unit 3
| Unit Size | 1,846 sq ft |
| Unit Use | Office |
| Price | £250,000 (£135.43/sq ft) |
| NOI | - |
| Sale Type | Investment |
| No. Parking Spaces | 7 |
| Tenure | Long Leasehold |
| Description | |
| The property comprises a two storey office building, situated within a purpose built development with a communal courtyard and 7 designated parking spaces.</li></ul> | |
| Sale Notes | |
| We are instructed to seek offers in excess of £250,000. This reflects a low capital value of only £135.43 per sq.ft.<br> <br> Tenancy: Subject to the existing 5 year lease from June 2022 at £19,400 pax.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 9,483 sq ft | Typical Floor Size | 4,741 sq ft |
| Property Type | Office (Unit) | Year Built | 1980 |
| Costar Property Class | C | Parking Allocation | 3.06/1,000 sq ft |
| Floors | 2 |
| Total Property Size | 9,483 sq ft |
| Property Type | Office (Unit) |
| Costar Property Class | C |
| Floors | 2 |
| Typical Floor Size | 4,741 sq ft |
| Year Built | 1980 |
| Parking Allocation | 3.06/1,000 sq ft |
Amenities
- Courtyard
- Security System
- Storage Space
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1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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256 Cowbridge Rd E - Radnor Court
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