Summary - Hastings House Hastings House, Fitzalan Place, Cardiff, CF24 0BL CF24 0BL
1 bed 1 bath Office
Substantial freehold city-centre office with reversionary and repurposing potential..
Freehold 12,800 sq ft (1,189 sq m) office building
13 off-street parking spaces and forecourt access
Passenger lift; raised floors; suspended ceilings; LED lighting
Partially let; majority leases expire within 18 months
Suitable for alternative uses subject to planning consent
Located in a very deprived, very high crime area
Very slow broadband speeds; no private external amenity
EPC C rating; VAT payable on purchase price
A large, freehold four-storey office in central Cardiff offering 12,800 sq ft of adaptable accommodation and 13 off-street parking spaces. The building is purpose-built with raised floors, suspended ceilings, LED lighting, passenger lift, heating/cooling and WC provision on every floor — practical for multi-tenant occupation or continued single-occupier use. Part of the property is currently let; most short-term leases expire within 18 months, creating near-term re-letting or redevelopment opportunities.
This asset will suit investors seeking a sizable city-centre holding with alternative-use potential (subject to planning). The polygonal bay façade and robust late-1980s construction give a durable shell, while internal layouts combine cellular and open-plan areas that can be adapted for modern office layouts or repurposed under a new planning consent.
Buyers should note material limitations: the property sits in a very deprived, very high crime area which may affect tenant demand and rental tone; broadband speeds are reported as very slow; and there is no private external amenity. VAT is payable in addition to the purchase price and the EPC is rated C.
Overall, the building represents a large-scale, centrally located investment with immediate reversionary potential and scope for refurbishment or change of use, balanced against local area challenges and service/infrastructure constraints.
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