Cooke & Arkwright
News
Park Place becomes Sustainable Place
10/05/2012
Cardiff University has purchased 33 to 34 Park Place in Cardiff to provide additional space for desk based research groups. Initially it will house the Sustainable Places Research Institute, which aims to push the boundaries of traditional sustainability research and find solutions to the twin challenges of diminishing resources and climate change. The imposing four-storey Victorian building was originally two buildings and now provides just under 7,000 sq ft of office space. Cooke & Arkwright acted for the University in the deal.
Woodcock watch
02/05/2012
The South East Wales branch of the Game & Wildlife Conservation Trust (GWCT) hosted a seminar in April on ‘Welsh Woodcock Research & Conservation’ at the Three Salmons Hotel in Usk, Monmouthshire. The seminar was introduced by rugby great, Gareth Edwards CBE and addressed by Ian Lindsey, Director of GWCT. Cooke & Arkwright and Hirons Morgan Yapp jointly sponsored the event.
Wales’ most active retail agent says high street evolution under way
28/03/2012
Cooke & Arkwright’s Retail Agency has been named the ‘Most Active Retail Agent in Wales 2011’ by the Estates Gazette in its annual deals competition. The Retail team, headed by Director Huw Thomas, is a leading regional advisor on high street and out of town retail properties for institutional pension funds, property companies, national and regional retailers, private landlords, family trusts and a number of local authorities. Mr Thomas said that the award was a welcome recognition for all the hard work and effort his team had put in on behalf of clients in 2011, in what remains a very tough climate. ‘In the majority of our towns and cities, an oversupply of retail floorspace remains and tenants, primarily, are in the driving seat when negotiating new lease terms and incentives.
Low carbon packaging boost for Valleys
21/03/2012
A businessman from Rugby has invested in a 14,300 sq ft factory in the South Wales valleys and set up a niche manufacturing business. Bose Packaging makes bespoke paper carrier-bags for SME contracts in the retail and promotional industry, and offers lead times of less than four weeks to trade customers as opposed to as much as eight to 16 weeks provided by standard overseas suppliers. Cooke & Arkwright acted on behalf of the landlord, B L Trading in the letting at Cyfarthfa Industrial Estate in Merthyr Tydfil.
Record rent at Assembly Square
20/03/2012
A new record rent of £22 per sq ft has been set in the Cardiff office market in a deal which sees leading patent and trade mark attorney firm, Abel & Imray move to Cardiff Waterside’s flagship waterfront building, 3 Assembly Square in Cardiff Bay. The firm is taking just under 3,000 sq ft on a ten year lease in the Aviva Investor owned, 66,215 sq ft building in Britannia Quay. It will move from its current location in Windsor Place in March 2012 as part of a long term strategy to grow and expand its offering of quality intellectual property (IP) services to the South Wales market. Cooke & Arkwright acted for Cardiff Waterside in the deal.
Lawyers take grand stand view
06/03/2012
Specialist legal services firm RadcliffesLeBrasseur has moved into new offices on the 9th floor of Southgate House in Cardiff, overlooking the Millennium Stadium. The firm has had a presence in Cardiff since 1997, with offices in Park Place for the past 10 years, as well as offices in London and Leeds. An increase in instructions covering a larger strategic area led the partners to look for new premises nearer communication links, and Southgate House, just opposite Cardiff Central train station was considered an ideal location.
Strategic land block presents valuable opportunity
22/02/2012
A very rare and important opportunity has arisen to buy a substantial block of land south of the M4 and just a couple of miles to the west of Cardiff. Providing a valuable investment with a view to potential development in the long term, Tyla Morris Farm comprises 170 acres (69 hectares) of lowland and is situated between Pentyrch and Radyr, enjoying a southerly outlook over the surrounding countryside.
Regus moves to Cardiff’s largest office building
22/02/2012
Regus, the world’s largest provider of flexible workspace, has taken the 12th floor of Brunel House, the largest office building in Cardiff, to accommodate growth in the city. It will be the company’s fourth business centre in the capital. Cooke & Arkwright acted as joint agent on behalf of the building’s asset manager, Fairacre in the deal.
Stadium seat manufacturer relocates to South Wales
11/02/2012
Hille has relocated its metal working, epoxy coating and assembly facility from Burnley in the north East of England to join its moulding division in a 41,000 sq ft factory in Rassau Industrial Estate, where it is expecting to double its work force. Cooke & Arkwright acted on behalf of the landlord, Gemini Properties UK Ltd in the deal.