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Fortran Rd
Cardiff CF3 0LT
Peterson House · Flex Property For Sale

INVESTMENT HIGHLIGHTS

  • Opportunity to acquire a highly reversionary modern industrial unit, single let to BBC, an undoubted covenant.
  • Easily accessible via Cypress Drive and the A48 (M), providing excellent connectivity to the M4 Motorway and Cardiff City Centre.
  • Encompasses a site area of 1.52 acres (approximately 46% site cover).
  • Tenant holds an FRI lease from 17 August 2020, expiring 30 June 2031, therefore offering 6.4 years to expiry (subject to tenant break option at the end of the 10th year of the term).
  • Offers in excess of £2,000,000 (two million).
  • A low overall capital value of £65.46 per sqft.
  • Positioned strategically within St Mellons Business Park, approximately 4 miles to the north east of Cardiff City Centre.
  • Modern industrial unit extending to 30,553 sqft (2,839 sqm). Minimum eaves height of 6.00m which is very good for the locality.
  • Secure concrete yard with dock loading doors and car parking spaces to the front and well-designed landscaping to the rear.
  • Low passing rent of £137,277 per annum, equating to a £4.49 per sqft.
  • A purchase at this level will reflect a net initial yield of 6.46% and potential reversionary yield of 8.62% in 17th August 2025.

PROPERTY FACTS

Property Type Flex
Property Subtype Flex Research & Development
Building Class B
Lot Size 2.44 AC
Rentable Building Area 63,430 SF
No. Stories 2
Year Built 1990
Tenancy Single
Parking Ratio 2.36/1,000 SF
No. Drive In / Grade-Level Doors 2
  • Listing ID: 36666773

  • Date on Market: 7/9/2025

  • Last Updated:

  • Address: Fortran Rd, Cardiff CF3 0LT

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