Cardiff office investment snapped up in multi-million-pound deal

A multi-let office investment in Cardiff city centre has been acquired in a deal worth almost £10m.

Ship Street Advisors and ADAPT Real Estate, acting on behalf of Jersey-based investor UKRO, have snapped up the freehold interest in Golate House on St Mary’s Street and 31-35 Westgate Street from Aegon Property Income Fund for £9.15m.

Golate House and 31-35 Westgate Street are situated on a 0.5 acre corner site fronting onto St Mary Street, Golate Street and Westgate Street, and provide 54,174 sq ft of office accommodation over four floors.

There are four retail units on the ground floor and a shared secure car park providing 21 parking spaces. Tenants include the National Probation Service, Sonovate, Hamlyn Williams, CPS Group, Gorilla TV, Brewdog, Betfred, Run & Become, Amplifon and Evapo.

Nick Lawley, a director at Cooke & Arkwright, added that the property occupies “an exceptional position in the city centre close to Central Square and the Principality Stadium, and provides opportunities for further asset management, refurbishment, or redevelopment”.

Time and Attendance Wales – Your expert in workforce time management

There are some big name tenants that are moving into this impressive multi-let office. Companies of this size come with huge work forces and require excellent management solutions. 

Thankfully, Time and Attendance Wales are on hand to supply you with the best workforce management system in the country. 

Our all-in-one, Smart Card Time & Attendance recording workstation incorporates; job booking, job costing, labour hours analysis and security management including quality CCTV playback. The state of the art system will dramatically improve your HR and security management with features that give you irrefutable control over Time & Attendance, working patterns rules.

In addition to this, our Self Service Module (SSM) is a web-based application that allows enrolled employees to Clock in or out, for Time and Attendance purposes, and book themselves on or off the fire evacuation list.

SSM may also be used by employees to book on or off production jobs via their internet browser. A person can use SSM to request new periods of absence, cancel pending absence requests or cancel approved absence requests that have not yet occurred. Requests can also be made to add missed clockings, amend or delete clockings made in error. 

If you would like more information on any of our products, please get in touch with a member of our sales team who will be happy to help.