A new grade A office scheme in the centre of Swansea has been completed with a third of its space already under offer.
The 15,000 sq ft Princess Quarter scheme, which has transformed a four storey 1950s built building, is from local developer Kartay. Located on the corner of Princess Way and St Mary Street it provides retail space on the ground floor, with three floors of office space above. Kartay has appointed property consultants Knight Frank and Glanmor Chartered Surveyors as joint letting agents to market its scheme.
Tom Eddolls, of Knight Frank, said: “Princess Quarter sets a new standard in Swansea and is a welcome addition following years of limited city centre office development. Its sub-dividable office space provides the very best in office facilities, including a green rooftop terrace and meeting rooms offering panoramic views over the city centre and Swansea waterfront."
Dominic Garner, managing director of Glanmor Chartered Surveyors, said: “We are already under offer on one third of the building and have considerable interest in the remaining parts from both private and public sector occupiers, so look forward to possible news of further lettings shortly.
“The building is situated in the heart of the city centre amongst vibrant and diverse shops, bars and restaurants, with the City’s impressive new Copr Bay Arena and landmark bridge just 300 yards away.”
Ian Morgan, director of Kartay, said: “We are passionate about investing and redeveloping to help Swansea become one of the Ƶ’s most successful cities, and we are delighted with how well the Princess Quarter transformation has been completed. It will enhance the current wide-scale regeneration taking place, including the new Copr Bay Development, the new Central Library and the regeneration of Castle Square.”
