The AA is moving its Cardiff base to the city’s tallest office building, Capital Tower, from its current location on Penarth Road.
The company, which was recently voted the UK’s most trusted commercial brand, has acquired the recently-refurbished 15th, 16th and 17th floors of the 24-storey city centre tower, on a new 10 year lease.
Property agents Knight Frank and Fletcher Morgan advise landlords Topland on new lettings in Capital Tower with Bilfinger GVA advising the ingoing tenant. Mark Sutton, partner at Knight Frank, said: “In taking 15,720 sq ft of open-plan offices on these upper floors the AA will benefit from high quality refurbished accommodation with fantastic views of the city and beyond.
“The owner’s investment in comprehensive refurbishment of these offices, along with lift replacement and a planned extension of the reception, has paid dividends with the arrival of such a blue-chip tenant.”
John James at Fletcher Morgan said: “Capital Tower is the only true office tower in the City of Cardiff and offers quality office accommodation with flexible floor plates, making it an attractive proposition for occupiers. We have seen a notable upsurge in enquiries since the building was acquired by Topland.”
Tom Merrifield Head of Agency at the Cardiff Office of Bilfinger GVA said: “The relocation by the AA of its Cardiff team reinforces their commitment to retaining a high level of employment within the city and the acquisition of the space within Capital Tower followed an extensive assessment of their current commitments in Cardiff. Capital Tower offers a positive working environment for staff with unrivalled views across Cardiff in a location easily accessible to public transport and into the retail core of the City.”
Capital Tower sits within Cardiff’s core office and leisure district, next to the Hilton Hotel and close to the Millennium Stadium, Cardiff University and St David’s Shopping Centre. The position in the heart of the city centre continues to prove popular with occupiers.
There are opportunities for office occupiers available from 2,500 sq ft to 22,000 sq ft.
