Investment for sale

Llan Coed House is a prestigious office development located at the rear of Darcy Business Park, with excellent communications from J43 of the M4 and Heads of the Valley dual carriageway. The area comprises of the 1,000 acre former BP Llandarcy, which is now the home to a mixed residential and commercial use development.

Prominent occupiers in the immediate vicinity include Screwfix, Harvester, Holiday Inn, David Lloyd Gym and Rugbi Industrial Supplies.

DESCRIPTION
The property comprises of a detached modern two storey office building, comprising of two pitched concrete tile configurations jointed by a flat roof area. The elevations are finished of facing brick, with dual entrance ways. Car parking exists to the courtyard area and to the rear of the development.

The property has the following features:
•  Lift access
•  Split into multiple office suites
•  Cir 33 on site car parking spaces
•  Only three vacant office suites
•  Close to J43 of M4

ACCOMMODATION
Please see the accommodation schedule.

RATEABLE VALUE
We have been informed via an online enquiry with the Valuation Office that the suites have been assessed as shown on the attached schedule of accommodation.

UBR for Wales 2025/26 is 0.568p in the £.

LEGAL COSTS
Each party pays for their own legal costs in this transaction.

VAT
Our client reserves the right to charge VAT on the sale price.

TENANCIES
Please see the attached schedule of accommodation.

TENURE
The property is held long Leasehold for a term of 250 years from 18th November 2021, on a peppercorn ground rent.

ASKING PRICE
Offers in the region of £1,200,000.

Equating to 7.25% return, based on purchaser cost of 5.7%, and a reversionary return of 10.41% when fully let.

ANTI MONEY LAUNDERING REGULATIONS
Regulations require checks on all prospective tenants/purchasers. Photo ID plus proof of address is required before a transaction can proceed. AML searches are outsourced to our partner Credas (Certified Digital Identity Verification Service).