News - Wales
Electronics business buys Home Office property
A businessman has acquired an office unit in Newport from the Home Office.
The detached office incorporates 2,258 sq ft of accommodation. Paul Russell will be using the office as a base for his electrical business.
The deal was brokered by the Cardiff office of DTZ. "This is one of three sales recently concluded on behalf of the Home Office following their consolidation at Usk House, George Street within the city centre," said DTZ's Alex Easton.
"27 Argyle Street offered a fairly rare opportunity for Mr Russell to acquire a freehold interest of this nature and to secure the premises at a competitive price."
The property is located in Crindau, a mixed use area located approximately one mile north east of Newport city centre.