Office

Landore Court, 47-53 Charles Street, Cardiff 

 

Price: £3,500,000 - Initial Yield:5.88%

Date: Q4 2017

Acting on behalf of Oaktree/Patrizia we advised on the sale of this freehold office investment to local property company, Garrison Barclay for £3.5m, reflecting a net initial yield of 5.88%.

It comprises approx. 23,000 sq ft of offices in a terrace of 4 units together with a surface car park for 32 vehicles and produces a current income of approx £220,000pa. One unit is vacant providing scope for refurbishment and re letting. 

Contact

Tony Burling

Tel: 020 7493 3330
Mob: 07860 555 769
tburling@lewisellis.co.uk


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