British Airways Avionics Engineering, Ely Meadow, Talbot Green, Llantrisant, Cardiff
Talbot Green, Llantrisant, CF72 8XL

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Nick Lawley

The Agent

Nick Lawley
Director

02920 346333
Graham Davies

The Agent

Graham Davies
Director

02920 346371
Brochure

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Specification

  • INVESTMENT GENERAL, GENERAL, INVESTMENT OFFICES
  • 111,087 sqft (10,320 sqm)
  • For sale
  • £8,300,000

Description

- British Airways UK maintenance and research & development facility
- Strategically located adjacent to Junction 34 of the M4 Motorway and within the Cardiff Capital Region, one of the UK's fastest growing commercial locations
- Modern office campus providing three, two-storey buildings including VAV air-conditioning, raised floors, passenger lifts, suspended ceilings and atria
- 111,087 sq ft facility on a site area of 20.67 acres
- Let to British Airways Avionic Engineering Ltd (D&B 3A1), who have been in occupation for 25 years and have recently signed a new reversionary leases
- Three simultaneous fully repairing & insuring leases expiring on 24th March 2024 (c.5.5 years unexpired)
- Initial rental is £987,000 per annum, which reduces to £805,011 per annum on 25th March 2019, reflecting a low rent of £7.25 per sq ft
- The landlord can request the benefit of the tenant's extensive fit out at lease expiry
- Major occupiers in the vicinity include The Royal Mint, Welsh Blood Service, Renishaw, Finning CAT, Leekes, and The Royal Glamorgan Hospital
- Aerospace and defence are a cornerstone of the Welsh economy, with world class training, innovation and expertise attracting some of the world's leading aviation and defence companies to locate within Wales

Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.