News & Views
The latest news, events and insights in the Wales property world

Mark Siddons secures large letting for Imperial House

Mark Siddons secures large letting for Imperial House

Mark Siddons, Associate Director in Cooke & Arkwright’s Business Space team, has completed the letting of Imperial House, Newport (26,672 sq.ft),  acting on behalf of the landlord Somerset District Council.

Fire Prevention in Commercial Buildings

Fire Prevention in Commercial Buildings

In recent months, there have been a number of high-profile fires in industrial units in South Wales (Rogerstone, Treforest and most recently Bridgend). Events such as this, regardless of the…

Further change ahead for ratepayers

Further change ahead for ratepayers

The Local Government Finance (Wales) Bill is currently making its way through the Senedd. If enacted in its current form, it will set in motion some fundamental changes to rating…

Business Space Market Reports Q4/2023 Year End Round-up

Business Space Market Reports Q4/2023 Year End Round-up

Office and Industrial market reports commenting on Q4 of 2023 and the year end figures of 2023 from Ben Bolton, Rhys Price and Mark Siddons.

Q3 Business Space Market Reports

Q3 Business Space Market Reports

Mark Siddons, Rhys Price and Ben Bolton from the Business Space department comment on the Office and Industrial market in this Q3 of 2023.

Bannau Brycheiniog National Park Authority

Bannau Brycheiniog National Park Authority

Cooke & Arkwright are delighted to announce our appointment as retained Land Agents for Bannau Brycheiniog (Brecon Beacons) National Park Authority (BBNPA) to provide them with property advice and support…

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Cooke & Arkwright have been providing rating valuation advice to The Welsh Rugby Union Limited (“WRU”) and Millennium Stadium plc for many years. They were recently successful in achieving substantial reductions in the assessments of the Millennium Stadium, covering both the 2005 and 2010 rating list. These negotiated reductions yielded savings of c.£3.5m which, crucially, allows the WRU to re-invest in rugby throughout Wales. They advise the WRU across the group portfolio including the National Centre of Excellence in the Vale of Glamorgan. The valuation issues across the WRU portfolio are complex requiring a high level of understanding of the funding and finances of professional sport in Wales. Cooke & Arkwright’s experience and understanding of these issues and application to the rating valuation have yielded these substantial negotiated reductions. The WRU and the Millennium Stadium entrust our work to organisations with the required levels in experience and expertise in dealing with these complex issues. I am glad to say we have this expertise in Wales. I would have no hesitation in recommending ratepayers making use of this Welsh based expertise.

The Welsh Rugby Union Limited, Welsh Rugby Union Group