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Birmingham Post
Birmingham Post
Business
Sion Barry

Historic building in Cardiff Bay has been put up for sale

An historic building in Cardiff Bay has been put for up sale.

The grade II listed Baltic House has been brought to market by its owner and occupier in the Wales Council for Voluntary Action, with view to it being converted into a residential development -  subject to planning consent.

The residential team at the Cardiff office of international property advisory firm, Cushman & Wakefield have been appointed to market the building. A guide price has not been disclosed.

Baltic House (Richard Williams)

Baltic House, built in 1915, is situated in Mount Stuart Square and currently provides 21,000 sq ft (net) of office accommodation over six floors behind an Edwardian Baroque style façade.

Cushman & Wakefield is seeking to sell the building through an informal  tender, with bids having to be submitted by noon on October 31st

Jonathan Smart of Cushman & Wakefield’s residential team in Cardiff, said:“Baltic House is situated within an area that has and continues to be subject to significant development for commercial, leisure and residential uses.

 "In recent years, Empire House, the Cymric Buildings and Marine House [nearby building] have been successfully converted to provide residential apartments. Given its excellent location and panoramic views of the Cardiff Bay area, the property offers an exciting refurbishment or redevelopment opportunity."

The building was also once the headquarters of the now defunct Cardiff Bay Development Corporation.

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