One Quinton Business Park
3 Ridgeway, Quinton, Birmingham, B32 1AF, UK
2 151 mètres carrés
Descriptif
The property comprises a high-quality, modern office building arranged in two wings, over ground to second floors, linked by a central service core. The building is of steel framed construction, with brick/block elevations under pitched roofs. The main office floorplates are of approximately 3,150 sq ft and provide flexibility to split into smaller suites, with male/female WCs on each floor, kitchenettes and shower room facilities. The tenant’s fit-out as a serviced office centre provides cellular suites, accessed via central corridors. The service core provides a generous ground floor reception, with central breakout areas on the upper floors, a stairwell and an 8-person 640 kg passenger lift. The specification includes suspended ceilings, recessed LED lighting, raised carpeted floors, plastered/painted walls, a HVAC air-conditioning system with BMS, powder coated double glazed window/doors and an automatic entry door.
The site is landscaped with tarmacadam access roads and concrete pavioured car parking spaces.
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Attributs
Superficie du bâtiment nette
1 888 mètres carrés
Occupation
100 %
WAULT
6 années
Prix demandé
5 450 000 $
Média
Points forts de l'investissement
- High-yielding, single let office investment
- Prominent building at the entrance of Cardiff Gate International Business Park
- Strong and established out of town commercial location
- Adjacent to J30 of the M4 Motorway, north of Cardiff city centre
- Surrounding occupiers include SSE, Travelodge, Welsh Government, Royal College of Nursing, Vinci, Cardiff Audi, Molson Coors, Volvo and Sinclair Mercedes-Benz
- Modern, open plan office building totalling 20,325 sq ft (1,888.2 sq m) NIA over three floors
- 79 car parking spaces (1:257 sq ft)
- Approximate site area of 1.45 acres (0.59 hectares)
- An adjacent development site is potentially available by separate negotiation
- Single let to Cardiff Gate BP Centre Limited for a term of 10 years from 25 March 2022
- Guaranteed by Regus Holdings Plc
- Unexpired term of 6 years
- Strong trading business centre
- The annual rent is the aggregate of 60% of the Market Rent (£192,855.60 pa) and a Variable Rent based on a proportion of Gross Revenue.
- The annual rent equated to £356,889.60 per annum (£17.56 per sq ft) in 2025.
- Freehold
We are instructed to seek offers in the region of £3,000,000 (Three Million Pounds) subject to contract and exclusive of VAT.
A purchase at this level, based on the annual rent, reflects a Net Initial Yield of 11.11% assuming standard purchaser’s costs of 7.06%, and a low capital value of £147.60 per sq ft.
Contactez les courtiers
Regus, Cardiff Gate International Business Park (0 Propriétés)
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Dernière mise à jour
16 mars 2026
