British Airway’s maintenance HQ in Llantrisant sold

3 June 2019
  • British Airways Llantrisant Cooke & Arkwright
  • British Airways Llantrisant Cooke & Arkwright

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Cooke & Arkwright’s Investment agency team have advised on the sale of an office investment let to British Airways. Acting on behalf of Curzon Advisors, and with joint agents Cushman & Wakefield, the property has been sold to real estate investment trust, Highcroft Investments Plc.

Nick Lawley, Investment Director said, “This deal provides a strong income yield to the purchaser with the opportunity for further enhancement in the future. The property is in a very accessible location with major occupiers nearby and we expect this area to witness further growth.”

The property is occupied by British Airways Avionic Engineering Limited, a subsidiary of British Airways, and employs around 250 people at the 111,000 sq ft campus. The facility is British Airways’ one-stop solution in the UK for the repair, maintenance, and application of avionic solutions and diagnostic technologies for a range of Boeing and Airbus aircraft.

The Royal Mint, the Welsh Blood Service and the Royal Glamorgan Hospital are located on neighbouring sites.