Latest commercial property news from Lambert Smith Hampton

Design Commission for Wales sets designs on landmark Cardiff Bay building

17/06/2013

One of Cardiff Bay’s most important historic office properties, Cambrian Buildings, has earned the ultimate accolade by attracting the Design Commission for Wales (DCFW Ltd) as its latest tenant.

The Commission, established by the Welsh Government in 2002, is the nation’s champion for good design and a high quality built environment.

Negotiated terms of the ten year lease

Seeking a more sustainable, better value option for its headquarters the Commission selected fourth floor accommodation at the Grade II listed Cambrian Buildings following a city-wide search. Constructed at the turn of the 20th century the building has been extensively refurbished by its owners London and County to create a high quality contemporary business environment.

Lambert Smith Hampton and Savills negotiated the terms of the ten year lease. Agents Fletcher Morgan acted for the DCFW along with Morgan Cole.

Dave Blyth of LSH comments: “This new letting demonstrates the ongoing appeal of Cambrian Buildings as a prime business location within Cardiff Bay.

“DCFW will become part of a thriving business community with Active Quote, Literature Wales, The Older People’s Commission, Cynnal Cymru and the National Union of Students also based in the building.”

Carole-Anne Davies, Chief Executive at the Design Commission for Wales adds: “We are now settled in to our new home and looking forward to the benefits of the property, not least closer rail links. The Cambrian Buildings form part of the historic heart of Mount Stuart Square and we hope other such buildings will be recognised for their significance, quality and durability. We are very pleased to help keep a building of this condition and quality in use and to contribute to a thriving business hub.” 

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