February 17, 2011
Highcross has appointed Fletcher Morgan and DTZ as new joint agents at the Llandough Trading Estate near Cardiff, as its plans for the estate’s refurbishment take shape.
Since acquiring the estate last autumn, Highcross has commenced work on the first phase of its refurbishment programme and will be making improvements to security and signage at the scheme.
The 16-acre estate includes 22 industrial/trade counter units, ranging from 5,190 sq ft – 19,985 sq ft. All units include single-storey office accommodation and a free communal car park is provided for occupiers, as well as parking at the units.
Tom Merrifield of joint agents, Fletcher Morgan, comments: “There has been a noticeable increase in enquiries since the beginning of the year and several units are currently under offer.”
Neil Francis, associate director at DTZ in Cardiff, added: “Llandough is in a strong location and its realistic rent levels, together with Highcross’ refurbishment plans and flexible approach, are attracting companies seeking both trade counter and light industrial space.”
Llandough Trading Estate is located on Penarth Road, three miles south-west of Cardiff city centre and with easy access to Junction 33 of the M4 motorway. Current occupiers include 3D Flooring, Access Training and Espex Batteries.
Highcross associate director, Katie Whell, comments: “We felt that Llandough offered significant potential for increasing value, through more active asset management and competitive pricing, and the early interest in the scheme is encouraging.”