Landmark HMRC office site in Cardiff sold

16 November 2021
  • HMRC offices in Cardiff sold by Cooke & Arkwright
  • HMRC tax offices Cardiff sold by Cooke & Arkwright

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Acting on behalf of Cannon Capital Developments Ltd, Cooke & Arkwright, together with joint agents Savills, have advised on the disposal of the former HMRC offices site at Ty Glas, Cardiff to Cardiff Council.

The site, which is a major land mark in North Cardiff, totals around 19 acres and has over 500,000 sq.ft. of offices in a series of major blocks. 

The Chairman of Cooke & Arkwright, Michael Lawley who brokered the disposal with Cardiff Council commented, “This was a good deal for both sides. 

“It enabled Cannondale to exit the site in an orderly manner following the vacation of the site by HMRC after a long period of occupation, and it gave Cardiff Council the opportunity to secure a major redevelopment opportunity for educational purposes in North Cardiff, where there would normally be a dearth of such sites. 

“We were pleased to be involved in this transaction on such a high profile site.”

Cooke & Arkwright advised ABP over the life cycle of its major waterfront mixed use development schemes in Cardiff and Barry. The quality and commitment of their people working alongside us were a key factor in the successful delivery of those schemes.

Byron Lewis, Estate Surveyor, Associated British Ports