Construction giant Willmott Dixon has underlined its growth ambitions for South Wales by relocating from its current Cardiff office on Cathedral Road to bigger premises in the Global Reach office building on the Celtic Gateway Business Park in Cardiff Bay.
The company has taken a 10 year lease on the 7,769 sq ft 3rd floor offices in Wing A of the 30,420 sq ft building. Stainton International, representing the Jersey based-owners, was advised in the transaction by the Cardiff office of property consultancies Knight Frank and Fletcher Morgan.
Mark Sutton, partner in Knight Frank’s Cardiff office agency team, said: “Willmott Dixon is a high-quality tenant with a strong reputation in South Wales. The complete refurbishment of Global Reach by the landlord is paying great dividends. With just the 2nd floor and part of the ground floor now available to lease, we can accommodate enquiries up to 20,000 sq ft.”
Willmott Dixon has a long track record of delivering successful projects in Cardiff and South Wales, including the Royal Welsh College of Music, Cardiff and Vale College, One Central Square and the new Computational Foundry at Swansea University.. The company is currently constructing the £25 million Eastern High school for 11-18 year olds for the City of Cardiff Council, which will be built on land formerly used by Cardiff and Vale College’s Trowbridge campus. It is scheduled to be ready by September this year.
Neal Stephens, managing director for Willmott Dixon in South Wales said, “As a growing business, we are proud that our construction work provides significant benefits to the South Wales economy in terms of sustaining jobs and employing local companies. Locating to the Celtic Gateway Business Park is an exciting new chapter for us that supports our expansion and we will ensure as we continue to grow that local companies in South Wales also prosper as a direct result.”
Global Reach is a 60,000 sq ft multi-let Grade A office building located on the Celtic Gateway Business Park in Cardiff Bay and was acquired by Stainton in 2015. Stainton completed a full building update and partial refurbishment on the building.
Mark Sutton added: “Celtic Gateway Business Park is already home to a number of high profile business occupiers, including BT, NFU Mutual, Cardiff Council, KTS Owens Thomas and Austin Smith Lord.”