Womanby House, Westgate House, Jones Court and 23 Womanby St (The Trade Collective), Cardiff

Office

18 April 2018
  • Womanby House, Westgate House, Jones Court and 23 Womanby St (The Trade Collective) in Cardiff acquired in investment deal by Cooke & Arkwri

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Investment acquisition

  • £4.40m
  • NIY 7.65%
  • Client: Kames Property Income Fund
  • Office portfolio
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