C2 Capital Penarth Road Cardiff Tyre & Exhaust Depot Office Investment

Penarth Road – Cardiff

Description

The building comprises a Tyre and Exhaust depot prominently located on the A4160 approximately 1 mile from Cardiff City Centre. The property is let to Goodyear Dunlop Tyres UK Ltd providing secure income. The property is well located and has good alternative use potential. Acquired in May 2014.

Business Plan

The property was underwritten into auction and acquired by C2 Capital. The business plan is to hold the asset in the medium term and explore lease re-gear / redevelopment opportunities.

Acquired on behalf of:

Fund 2