Emanuel Jones have successfully acquired the freehold site of 74 – 80 Park Road in Whitchurch, Cardiff on behalf of SGR Estates Ltd. Two transactions occurred with 74 – 78 Park Road being purchased first and 80 Park Road in quick succession following negotiations with the vendors.
74-78 Park Road is a commercial office building with generous car parking that was partly occupied at the time of purchase and 80 Park Road is a vacant semi-detached Victorian property with a large rear garden. Combined, the site extends to just under 0.7 acres and presents an exciting opportunity in such a popular location.
Kes Smith, Director of SGR Estates and Kestral Construction commented: “We’re delighted to have secured both sites so close to one another. We see real potential in Whitchurch and look forward to discussing our plans for the future.”
Rhys Williams, Partner at Emanuel Jones and advisor to SGR Estates, commented: “Opportunities to acquire two sites adjacent to one another are rare in Cardiff, even more so in a location such as Whitchurch. Strategically, the site is well positioned being close to Junction 32 of the M4 and Coryton train station as well as the popular Whitchurch Village which offers numerous local shops as well as sought after schools.”