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Greyfriars House, Greyfriars Road, Cardiff Greyfriars Road Rd

37,058 SF 100% Leased 4-Star Office Building Cardiff CF10 3AL $5,344,158 CAD ($144 CAD/SF) 8.02% Cap Rate

Office Space South Glamorgan Cardiff Greyfriars Road Rd, Cardiff, VGL CF10 3AL

Investment Highlights

  • Located in Cardiff City Centre
  • Potential to redevelop for residential, hotel, aparthotel or PBSA
  • Income producing office accommodation

Executive Summary

Greyfriars House is situated in the heart of Cardiff City Centre on Greyfriars Road. The surrounding area is a mix of hotel, office and residential uses. Notably the Hilton, Park Plaza, Capital Tower (tallest office building in Wales), New Theatre and Cardiff Castle.
Greyfriars House is a five-storey office building which is accessed via a dedicated reception area off Greyfriars Road. The reception has undergone a substantial refurbishment costing circa £150,000. We have had a pre-app appraisal report prepared to show the potential for the building to be converted to 62 residential units. Based on the report we believe the building has potential for residential, hotel, aparthotel or PBSA conversion. Further information available on application.

Attachments

FM Greyfriars House Sale Brochure

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Tenure
Freehold
Building Size
37,058 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1961/2019
Price
$5,344,158 CAD
Price Per SF
$144 CAD
Cap Rate
8.02%
NOI
$428,670 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
7,412 SF
Building FAR
0.83
Land Acres
1.02 AC

Amenities

  • Atrium
  • Bus Line
  • Commuter Rail
  • Kitchen
  • Reception
  • Central Heating
  • Direct Elevator Exposure
  • Natural Light
  • Shower Facilities
  • Drop Ceiling
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+44 29 2034 7054

  • Listing ID: 31488602

  • Date on Market: 2024-04-12

  • Last Updated:

  • Address: Greyfriars Road Rd, Cardiff CF10 3AL

The Office Property at Greyfriars Road Rd, Cardiff, CF10 3AL is currently available For Sale. Contact Fletcher Morgan Ltd for more information.

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Greyfriars House, Greyfriars Road, Cardiff | Greyfriars Road Rd
+44 29 2034 7054 x

Greyfriars House, Greyfriars Road, Cardiff | Greyfriars Road Rd

Matthew Jones

+44 29 2034 7054

+44 29 2034 7054

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