A prime office building in the centre of Cardiff has been sold in a £3.86m deal. The freehold interest in Park House on Greyfriars Road, which extends to 24,000 sq ft and whose tenants includes fintech firm Aforza and communications agency Cowsheds, has been acquired by Arasam from Boultbee Brooks.
Savills and Aurum Real Estate acted for Boultbee Brooks on the deal, with Avison Young acting for Arasam.
The property provides a £362,000 per annum rental income with strong asset management and further development potential.
