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256 Cowbridge Rd E - Radnor Court 1,846 SF Office Condo Unit Offered at $337,396 in Cardiff CF5 1GZ
Investment Highlights
- Part let with 2 small office suites vacant
- Ample parking facilities
- Long Leasehold
- Good location with bus links close by
- 1,846 sq.ft (171.5 sq.m)
Executive Summary
The property is located on Cowbridge Road East which hosts a mix of national and local occupiers. The property benefits from good frontage onto the main road and is situated just 10 minutes from Cardiff city centre. Ninian Park Railway Station is within an 12 minute walk and provides direct access in to the City Centre.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| No. Parking Spaces | 7 |
| Sale Type | Investment |
| No. Parking Spaces | 7 |
| Tenure | Long Leasehold |
Description
The property comprises a two storey office building, situated within a purpose built development with a communal courtyard and 7 designated parking spaces.
Sale Notes
We are instructed to seek offers in excess of £250,000. This reflects a low capital value of only £135.43 per sq.ft.
Tenancy: Subject to the existing 5 year lease from June 2022 at £19,400 pax.
Tenancy: Subject to the existing 5 year lease from June 2022 at £19,400 pax.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3 | 1,846 SF | Office | $337,396 ($182.77/SF) | - |
Unit 3
| Unit Size |
| 1,846 SF |
| Condo Use |
| Office |
| Price |
| $337,396 ($182.77/SF) |
| NOI |
| - |
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Unit 3
| Unit Size | 1,846 SF |
| Condo Use | Office |
| Price | $337,396 ($182.77/SF) |
| NOI | - |
| Sale Type | Investment |
| No. Parking Spaces | 7 |
| Tenure | Long Leasehold |
| Description | |
| The property comprises a two storey office building, situated within a purpose built development with a communal courtyard and 7 designated parking spaces.</li></ul> | |
| Sale Notes | |
| We are instructed to seek offers in excess of £250,000. This reflects a low capital value of only £135.43 per sq.ft.<br> <br> Tenancy: Subject to the existing 5 year lease from June 2022 at £19,400 pax.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 9,483 SF | Typical Floor Size | 4,741 SF |
| Property Type | Office (Condo) | Year Built | 1980 |
| Building Class | C | Parking Ratio | 3.06/1,000 SF |
| Floors | 2 |
| Total Building Size | 9,483 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 4,741 SF |
| Year Built | 1980 |
| Parking Ratio | 3.06/1,000 SF |
Amenities
- Courtyard
- Security System
- Storage Space
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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256 Cowbridge Rd E - Radnor Court
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