Stuart Close Industrial Estate, Cardiff

Industrial

26 February 2020
  • Stuart Close Industrial Estate, Penarth Road, Cardiff investment sale by Cooke & Arkwright

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Investment sale

  • £4.69m
  • NIY 6.37%
  • Client: DTZ Investors
  • Multi-let industrial site
  • 85,000 sq ft
  • 9 units let to 8 tenants
Back

The disposal of 120,000 square feet on the Heads of the Valleys Industrial Estate was a particularly satisfying task. The building had been rebuilt following fire damage, and Jeremy Symons and his team were successful in identifying a nearby purchaser looking to expand. The sale price, at £4,000,000, represented a record sale price for a property of this nature in the area, and with great tenacity and endeavour was completed in a timely fashion. An excellent result.

Richard Hayward, Richard Hayward Properties