After fully letting the remaining space at Ash Court, a 20,000 sq ft office development on Parc Menai Business Park in North Wales, we’ve now been appointed by MCR Properties to market the scheme.
Occupying a 75-acre site, Parc Menai is strategically located adjacent to the junction of the A487(T) with junction 9 of the A55.
Abuse prevention charity Hafan Cyrmu has taken the remaining 800 sq ft on a three year lease and joins a host of national and local businesses including Alzheimers Society, North Wales Advice, Nestor Primecare Services and Agored Cyrmu.
Speaking about the investment opportunity, Will Sadler commented: “Parc Menai is performing well with very few voids and rents on the rise. We are predicting high demand for office space from consultants as the new nuclear power station at Wylfa comes on stream.
“Fully let to a total of 12 tenants the scheme produces an annual income of £141,305, which would equate to an attractive competitive yield of 9.52%.”
