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Modern Industrial Site, Unit 1 Lakeside, Fountain Lane, Cardiff, CF3

Land size
0.7 acres
Use Class
Use Classes: B2, B8, E, 5, 6

Key Features

  • Opportunity to acquire a highly reversionary modern industrial unit, single let to BBC, an undoubted covenant.
  • Positioned strategically within St Mellons Business Park, approximately 4 miles to the north east of Cardiff City Centre.
  • Easily accessible via Cypress Drive and the A48 (M), providing excellent connectivity to the M4 Motorway and Cardiff City Centre.
  • Modern industrial unit extending to 30,553 sqft (2,839 sqm). Minimum eaves height of 6.00m which is very good for the locality.
  • Encompasses a site area of 1.52 acres (approximately 46% site cover).
  • Secure concrete yard with dock loading doors and car parking spaces to the front and well-designed landscaping to the rear.
  • Tenant holds an FRI lease from 17 August 2020, expiring 30 June 2031, therefore offering 6.4 years to expiry (subject to tenant break option at the end of the 10th year of the term).
  • Low passing rent of £137,277 per annum, equating to a £4.49 per sqft.
  • Offers in excess of £2,000,000 (two million).
  • A purchase at this level will reflect a net initial yield of 6.46% and potential reversionary yield of 8.62% in 17th August 2025.

Description

The warehouse is of steel portal frame construction with part masonry, part insulated profiled steel clad elevations.

The property extends to a total of 30,553 sq ft GIA. There is a secure concrete yard (0.39 acre) to the front of the property which benefits from two dock level access doors.

The premises has a minimum eaves height of 6.0m and comprises a main warehouse with two separate first floor office areas, allowing separate office space for warehouse and administrative staff.

The warehouse benefits from male and female WCs and kitchen facilities, the offices have air conditioning, raised access floors, perimeter trucking and double-glazed windows.

Location
Cardiff is the capital city of Wales and is the principal industrial and commercial centre for South Wales. The city is located approximately 44 miles west of Bristol and 42 miles east of Swansea.

Cardiff is the UKs eleventh largest city and has a population of approximately 346,000 and a wider catchment of 1.5 million in the surrounding Cardiff Capital Region.

The city is home to a strong student community and Cardiff is home to four major institutions of higher education including Cardiff University, Cardiff Metropolitan University, University of South Wales and The Royal Welsh College of Music and Drama.

The M4 Motorway provides access east towards Newport (12 miles), Bristol (40 miles) and London (142 miles). To the west, Bridgend is 23 miles and Swansea is 44 miles. The property is situated within St Mellons Business P a r k, an established mixed-use area situated to the east of Cardiff City Centre. The Business Park is easily accessible via the A48 and A48M, providing excellent connections to both the City Centre and Junctions 29/30 of the M4 Motorway. The primary bus stop on Fountain Lane offers a frequent bus service to Cardiff Central and St Mellons District Shopping Centre. Other nearby amenities include St Mellons Golf & Country Club and Hendre Lake Park.

Notable companies in the vicinity include Welsh Water, Virgin Media, IQE, Arcadis and Natural Resources Wales. Occupiers in the wider area include DPD, UPS, Freightliner and Aldi Distribution Centre.

The immediate location will benefit from the South Wales Metro and the planned Cardiff Parkway Railway Station which is expected to have a positive effect on the area. The station in St Mellons will serve up to 32,000 residents, linking them to Swansea, Cardiff, London, Bristol and Birmingham.

Map Location

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-01-29

Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Listed status, conservation areas and planning constraints for this location are in the full report.

Property Features

Accessibility
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Parking
Parking Available
Garden
Garden

Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.

Connectivity

Broadband

Fastest speed available at this postcode

1.8 Gbps

Gigabit full fibre · available to 25% of premises

Suitable for

  • 4K streaming on every screen
  • Full-time home working
  • Online gaming & big downloads

Mobile signal

CallsDataEE Good GoodO2 Good GoodThree Good GoodVodafone Good Good

Outdoor predictions; indoor signal depends on building materials.

Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.

Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.

Nearest Schools

Primary

  • Willowbrook Primary School849 metres
    Pupils
    422
    Type
    Nursery, Infants & Juniors
    Language
    English medium school / provision
  • Bishop Childs C/W Primary0.7 miles
    Pupils
    201
    Type
    Infants & Juniors
    Language
    English medium school / provision
  • Marshfield Primary School0.9 miles
    Pupils
    444
    Type
    Nursery, Infants & Juniors
    Language
    English medium school / provision
  • Meadowlane Primary School1 mile
    Pupils
    319
    Type
    Nursery, Infants & Juniors
    Language
    English medium school / provision
  • Oakfield Primary School1 mile
    Pupils
    458
    Type
    Nursery, Infants & Juniors
    Language
    English medium school / provision

Secondary

  • St. Illtyd's Catholic High School1.5 miles
    Pupils
    990
    Type
    Secondary (ages 11-16)
    Language
    English medium school / provision
  • Eastern High1.5 miles
    Pupils
    1,185
    Type
    Secondary (ages 11-16)
    Language
    English medium school / provision
  • St Teilo's C-in-W High School2.9 miles
    Pupils
    1,375
    Type
    Secondary (ages 11-19)
    Language
    English medium school / provision
  • St Joseph's RC High School3.3 miles
    Pupils
    1,457
    Type
    Secondary (ages 11-19)
    Language
    English medium school / provision
  • Corpus Christi Catholic High School3.3 miles
    Pupils
    1,132
    Type
    Secondary (ages 11-16)
    Language
    English medium school / provision

Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.

Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.

Amenities

Supermarket

Tesco Cardiff Superstore, Cardiff0.9 miles
Spar - Trowbridge, Cardiff1.4 miles
Tesco Cardiff Countisbury Express, Cardiff1.6 miles

GP surgery

Willowbrook Surgery650 metres

Pharmacy

Boots650 metres

Green space

Playing Field258 metres

Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.

The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.

Getting Around

Nearest station

Pye Corner Rail Station4.1 miles

Nearest bus stop

Business Park89 metres

Typical drive times

Risca19 min · 9.5 miles
Abercarn21 min · 13 miles
Cardiff (city)19 min · 7.7 miles
Casnewydd (city)18 min · 7 miles

Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.

Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.

Flood Risk

From Natural Resources Wales flood map open data, checked around the advertised map pin and allowing for the listed acreage where known. This summary comes from LandSale, the advertising platform, not from the listing agent, and is not part of the agent's particulars. Risk can vary across a single holding, so verify anything critical through your own searches before committing.

Rivers and the sea

Flood Zone 3Higher risk

Surface water

Within the mapped surface water zoneMapped risk

Mapped within the area searched, not at the advertised map pin itself.

These bandings are the summary. Where this location sits on the flood maps, plus planning activity, heritage and ground risks, is in the full report.

Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.

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