HCB Solicitors have acquired 4 Ashtree Court, a 4,057 sq ft end of terrace office building. The property is located on Cardiff Gate Business Park; one of Cardiff’s premier out of town business locations with notable occupiers including SSE, International Baccalaureate Organisation and Vinci Construction.
HCB, a leading firm of solicitors with 21 offices across the UK, already had a presence in Cardiff having been located at Cardiff Bay for the past 3 years. This move provides them with a base for future expansion and growth as well as firmly putting them on the map in Cardiff.
Andrew Barrowclough, director of HCB, commented: “After 3 years of renting serviced accommodation it is wonderful that the HCB brand has grown so quickly within Wales that we can now set up a permanent owned home. This location gives HCB in Cardiff a fantastic reach via the M4 and A470 across Wales to support our local clients. The continued expansion of the HCB brand into Wales continues to gather pace and we are looking forward to another very successful year in 2019.”
Rhys Williams of Emanuel Jones who represented the vendor commented: “This sale proves that demand remains strong for freehold offices in business park locations; a lack of supply means the time from initial marketing to agreeing a sale price was remarkably quick. 10 Village Way, Greenmeadow Springs Business Park was sold earlier this year and again, the marketing period was less than 2 months from initial marketing.”