The Plas Glyndwr 35,000 sq ft headquarters office building opposite Cardiff Castle and adjoining the 5 Star Hilton Hotel is being marketed by sole commercial agents Jones Lang LaSalle.
The property, originally developed by Helical Bar for the Bank of Wales provides an ideal opportunity to relieve the immediate lack of Grade A City centre office accommodation. In addition, the profile building and prominent Kingsway location also lends itself to a number of alternative uses, subject to planning.
Jon Gershinson and Ania Packman of Allsop LLP, acting as Joint Fixed Charge Receivers have instructed Jones Lang LaSalle to dispose of the property at a price tag in excess of £3 million.
Rhydian Morris, Head of Office Agency at Jones Lang LaSalle Cardiff, said “The sale of this headquarters office provides a very rare opportunity to acquire a freehold building in the City centre, especially with views directly over Cardiff Castle. We are very encouraged with the significant interest already.”