A Grade II listed office building in Cardiff Bay has been placed on the market for residential conversion / redevelopment, subject to planning.
Baltic House 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.
The property is owned and occupied by the Wales Council for Voluntary Action, which has instructed property agent, Cushman & Wakefield, to market the building for sale by Informal tender, with bids (conditional and/or unconditional) to be submitted by noon on 31 October 2019.
Cardiff Bay is positioned one mile south of Cardiff city centre and comprises the former dockland area which has been comprehensively redeveloped over the past decade to become a mixed-use destination providing a retail, leisure, business and residential offering.
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 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.”