Cost Base for Inward Investment and Development in
Barry
By way of example, it is anticipated that a purpose-built,
air-conditioned building able to accommodate up to 1500 employees
would cost in the region of £19.5m to build. A comparison of rental
rates in Barry and Cardiff demonstrates that rental rates per
square foot in Barry for such a facility would be circa £16.50 per
square foot (rent, rates and service charge inclusive). Cardiff’s
current rate is about £20+ per square foot.
There are three key sites or locations in Barry for potential
inward investors to consider:-
1. Barry Waterfront
2. Hayes Wood
3. The Airport Business Park
The general location of these sites are shown here and full
details of the sites can be provided upon request. Likewise any
other potential locations within the town and surrounding area can
be considered and discussed with the Council.
The Council is justifiably proud of
its track record in regenerating Barry and is extremely confident
of being able to build on recent success.
Council officers are available to
meet with any potential investor to discuss business requirements
at any time.
View contact details for further
information