Savills and JLL have been jointly instructed by Celtic Manor Resort Limited to market the former Alcatel-Lucent office space situated within Coldra Woods, just off J24 of the M4 Motorway.
Celtic Manor Resort Limited originally purchased the 70,000 sq ft (6,503 sq m) offices in 2015 and have since occupied part of the space as support services to the Coldra Woods hotel. In addition, Wesley Clover has taken also occupation of a 28,000 sq ft (2,601 sq m) innovation centre providing a property solution for various companies and organisations.
There is currently just over 36,000 sq ft (3,344 sq m) of office space available to let in Coldra Woods, located over the ground and lower ground floors of the building at a quoting rent of £10 per sq ft (£107 per sq m). The property also benefits from an unrivalled car parking ratio of 1 space per 216 sq ft.
Gary Carver, director of business space at Savills Cardiff, comments: “Coldra Woods provides good quality office space just off J24. There are a range of amenities within close proximity including The 5 Star Celtic Manor Hotel and 3 championship golf courses and Newport Retail Park.”
Rhydian Morris, director of JLL, adds “Coldra Woods provides very large office floor plates of 25,000 sq ft as well as a former data centre, which will appeal to a number of companies. In addition, on-site amenities, incorporating large canteen, back-up generator, generous car parking and direct motorway access provides a strong opportunity for occupiers.”