Geldards Advise on Transformational Headquarters Opening

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Geldards’ Cardiff based real estate team advised S4C on negotiating and completing a lease on their new headquarters building, ‘Canolfan S4C Yr Egin’, in Carmarthen. The new building will be a transformational hub for both the community and companies in the creative and digital industries in the South West and Wales.

S4C is the first Welsh-language speaking British TV channel, broadcasting throughout the UK and the Republic of Ireland and currently employs 135 people.

The project was led by Geldards Partner Liz Ganderton. Liz said:

“This was a very exciting and important project to be involved in, it has created a real buzz and interest in the local area and we were delighted to represent S4C. There was considerable emphasis on the desire to establish a creative community which would promote the regeneration of the Welsh language in the region. We ensured we worked closely with S4C to ensure that these aspirations were achieved in addition to ensuring the terms of the lease were acceptable from a purely commercial point of view.

 

“The project was complex at times and was not a run of the mill commercial lease, there were lengthy negotiations on the terms of the agreement for lease and lease. However, the terms we negotiated in the agreement for lease ensured that S4C’s objectives and relocation deadlines were all met and enabled us to complete ahead of the contractual completion date.

 

“We hope S4C, its employees and the wider community enjoy their new hub and we look forward to working with them again in the future.”

 

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Liz Ganderton

LIZ GANDERTON

Partner, Cardiff

+44 (0)29 2039 1743
email
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