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Birmingham Post
Birmingham Post
Business
Sion Barry

Cardiff office scheme Raglan House up for sale

The Raglan House office building at Cardiff Gate International Business Park is up for sale.

The 23,787 sq ft detached three storey building recently saw BT Local Business Severnside - represented by Leading Edge Group UK - taking over the entire 8,003 sq ft ground floor on a new 10 year lease. The remaining two floors – each 8,000 sq ft - are currently available to rent.

The opportunity comes on the back of a resilient 2022 for the Cardiff office market with take up for the city totalling 459,074 sq ft - which is in line with the 10 year average annual take up - with deals concluded outside the city centre accounting for over 20 per cent of activity.

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