7-21 Churchill Way | Cardiff CF10 2HH
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7-21 Churchill Way
Cardiff CF10 2HH
Churchill House · Office Property For Sale
Investment Highlights
- Multi-let office building located in Cardiff City Centre
- Numerous well recognised private and public sector tenants such as The Secretary of State for Levelling Up, Jacobs UK and SKR Consulting
- Parking ratio of 1:1,100 sq ft which is exceptional against comparable assets in Cardiff
- 92,142 sq ft of space with flexible, open plan floor plates
- Well-occupied multi-let with a marketing rent of £1,121,507 per annum
Executive Summary
The freehold of this office investment opportunity is available for the asking price of £11.27 million, providing a yield of 9.25%.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
92,142 SF
Building Class
B
Year Built/Renovated
1960/2007
Price
$14,307,478
Price Per SF
$155
Cap Rate
9.25%
NOI
$1,323,442
Percent Leased
75%
Tenancy
Multiple
Building Height
10 Stories
Typical Floor Size
9,214 SF
Building FAR
3.71
Lot Size
0.57 AC
Parking
98 Spaces (1.06 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Raised Floor
- Security System
- Energy Performance Rating - D
- Bicycle Storage
- Central Heating
- Common Parts WC Facilities
- DDA Compliant
- Fully Carpeted
- Direct Elevator Exposure
- Perimeter Trunking
- Reception
- Shower Facilities
- Drop Ceiling
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