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2 Callaghan Sq

8,248 - 12,710 SF Office Units Offered at £9,000,000 Per Unit in Cardiff CF10 5BT

Investment Highlights

  • within a 5-minute walk of Cardiff Central Station
  • Cardiff Metro is currently under construction with plans for a station at Callaghan Square
  • surrounded by extensive town centre amenities

Executive Summary

Callaghan Square comprises 5 office buildings extending to approximately 300,000 sq ft and is a prime office destination within the city centre.

Property Facts

Price £9,000,000
Unit Size 8,248 - 12,710 SF
No. Units 5
Total Building Size 138,038 SF
Property Type Office
Building Class B
Number of Floors 5
Typical Floor Size 27,608 SF
Year Built 2002
Lot Size 1.22 AC
Parking Ratio 0.41/1,000 SF

5 Units Available

Unit 2

Unit Size 9,444 SF
Price £9,000,000
Price Per SF £952.99
Unit Use Office
Sale Type Investment
Tenure Freehold
Description

2 Callaghan Square was built in 2002 and comprises of a modern 5-storey, grade A building, extending to 43,905 sq ft. The building adopts an ‘L’ shaped configuration with a central service core that houses the main stairwell, 3 x 13-person lifts, male, female and disabled WCs and showers located on each floor. The floor plates benefit from excellent internal floor to ceiling height, full height glazing and excellent natural light.

Sale Notes

A purchase at this level reflects an attractive Net Initial Yield of 10.00% and a low capital value of £205 psf. The property offers a reversionary yield of 12.24% based on proven rents achieved within the building.
All Units linked together.

Interior-1
Interior-2
Interior-3
Interior-4
Interior-5

+1 More

Floor Plan
View Photo Interior-1
View Photo Interior-2
View Photo Interior-3
View Photo Interior-4
View Photo Interior-5
View Photo Floor Plan

Unit 2

Unit Size 8,248 SF
Price £9,000,000
Price Per SF £1,091.17
Unit Use Office
Sale Type Investment
Tenure Freehold
Description

2 Callaghan Square was built in 2002 and comprises of a modern 5-storey, grade A building, extending to 43,905 sq ft. The building adopts an ‘L’ shaped configuration with a central service core that houses the main stairwell, 3 x 13-person lifts, male, female and disabled WCs and showers located on each floor. The floor plates benefit from excellent internal floor to ceiling height, full height glazing and excellent natural light.

Sale Notes

A purchase at this level reflects an attractive Net Initial Yield of 10.00% and a low capital value of £205 psf. The property offers a reversionary yield of 12.24% based on proven rents achieved within the building.
All Units linked together.

Interior-1
Interior-2
Interior-3
Interior-4
Interior-5

+1 More

Floor Plan
View Photo Interior-1
View Photo Interior-2
View Photo Interior-3
View Photo Interior-4
View Photo Interior-5
View Photo Floor Plan

Unit 2

Unit Size 12,710 SF
Price £9,000,000
Price Per SF £708.10
Unit Use Office
Sale Type Investment
Tenure Freehold
Description

2 Callaghan Square was built in 2002 and comprises of a modern 5-storey, grade A building, extending to 43,905 sq ft. The building adopts an ‘L’ shaped configuration with a central service core that houses the main stairwell, 3 x 13-person lifts, male, female and disabled WCs and showers located on each floor. The floor plates benefit from excellent internal floor to ceiling height, full height glazing and excellent natural light.

Sale Notes

A purchase at this level reflects an attractive Net Initial Yield of 10.00% and a low capital value of £205 psf. The property offers a reversionary yield of 12.24% based on proven rents achieved within the building.
All Units linked together.

Interior-1
Interior-2
Interior-3
Interior-4
Interior-5

+1 More

Floor Plan
View Photo Interior-1
View Photo Interior-2
View Photo Interior-3
View Photo Interior-4
View Photo Interior-5
View Photo Floor Plan

Unit 2

Unit Size 12,710 SF
Price £9,000,000
Price Per SF £708.10
Unit Use Office
Sale Type Investment
Tenure Freehold
Description

2 Callaghan Square was built in 2002 and comprises of a modern 5-storey, grade A building, extending to 43,905 sq ft. The building adopts an ‘L’ shaped configuration with a central service core that houses the main stairwell, 3 x 13-person lifts, male, female and disabled WCs and showers located on each floor. The floor plates benefit from excellent internal floor to ceiling height, full height glazing and excellent natural light.

Sale Notes

A purchase at this level reflects an attractive Net Initial Yield of 10.00% and a low capital value of £205 psf. The property offers a reversionary yield of 12.24% based on proven rents achieved within the building.
All Units linked together.

Interior-1
Interior-2
Interior-3
Interior-4
Interior-5

+1 More

Floor Plan
View Photo Interior-1
View Photo Interior-2
View Photo Interior-3
View Photo Interior-4
View Photo Interior-5
View Photo Floor Plan

Unit 2

Unit Size 12,507 SF
Price £9,000,000
Price Per SF £719.60
Unit Use Office
Sale Type Investment
Tenure Freehold
Description

2 Callaghan Square was built in 2002 and comprises of a modern 5-storey, grade A building, extending to 43,905 sq ft. The building adopts an ‘L’ shaped configuration with a central service core that houses the main stairwell, 3 x 13-person lifts, male, female and disabled WCs and showers located on each floor. The floor plates benefit from excellent internal floor to ceiling height, full height glazing and excellent natural light.

Sale Notes

A purchase at this level reflects an attractive Net Initial Yield of 10.00% and a low capital value of £205 psf. The property offers a reversionary yield of 12.24% based on proven rents achieved within the building.
All Units linked together.

Interior-1
Interior-2
Interior-3
Interior-4
Interior-5

+1 More

Floor Plan
View Photo Interior-1
View Photo Interior-2
View Photo Interior-3
View Photo Interior-4
View Photo Interior-5
View Photo Floor Plan

Amenities

  • 24 Hour Access
  • Food Service
  • Raised Floor
  • Accent Lighting
  • EPC - E
  • Lift Access
  • Open-Plan
  • Reception
  • Recessed Lighting
  • Shower Facilities
  • Air Conditioning
  • Listing ID: 33471009

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 2 Callaghan Sq, Cardiff CF10 5BT

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