Queensberry Real Estate announces the appointment of Cooke & Arkwright as the new retail letting agent for Friars Walk, the 390,000 sqft shopping and leisure development in Newport city centre due to open Autumn 2015. Cooke & Arkwright is the third letting agent working on the scheme and joins national agents Lunson Mitchenall and Strutt and Parker. Cooke & Arkwright is the one of the largest independent practices in Wales and provides a full range of multi-disciplinary services. Based in Cardiff and with strong links to Newport, the firm is already extremely active in Newport City Centre and the wider catchment area.
The first Welsh-language, Organic Day Nursery in Cardiff is set to open in the former St Anne’s Church-in-Wales school in Roath in October. The former school was closed a year ago as part of Cardiff Council’s reorganisation of the city’s educational facilities. Meithrinfa Y Pelican, or The Pelican Nursery will bring a new lease of life to the building and provide a nurturing, ‘learn-through-play’ environment for both Welsh and non-Welsh speaking families in as eco-friendly environment as possible. The 3,070 sq ft school in Croft Street, Roath in Cardiff has been leased to the nursery by Cooke & Arkwright, acting on behalf of the Representative Body of the Church in Wales
A Grade II Listed converted Post Office in the heart of the historic village of St Fagans, is re-opening in July 2014 as ‘Old Post House’. The property has been leased and is being modernised and fitted out by local businessmen, Chris Price and Phil Davison-Sebry, who will run it as a Bed & Breakfast with six en-suite bedrooms, a function and events venue, and a ‘pop-up’ restaurant. It will also separately house their existing successful catering company, Business Lunch Company. Chris Hyde, Associate with Cooke & Arkwright’s Rural Department, which acts as managing agent for the freeholders of the property commented:
In a move reflecting the growing desire of consumers to know where their meat has come from, independent butchers shop, Farmers Pantry has opened in Whitchurch Cardiff. The business, which supplies meat to rugby clubs including Cardiff Blues and Llanelli Scarlets, is expanding its successful enterprise in Llantwit Major, where director and local farmer, Rhodri Davies first opened a shop to sell his own farm meat direct in October 2011. The ‘Field to Fork’ formula did so well that he moved to larger premises in March, and has now ventured into the capital city. The new shop is located on a prominent corner of Merthyr Road in Whitchurch and was secured in a deal negotiated with landlord H Woodley & Co by Cooke & Arkwright.
Danish jewellery retailer Pandora, one of the fastest growing jewellery brands in the world, has opened a new store in Commercial Street, Newport, demonstrating a vote of confidence in the city’s future by South Wales retailer and franchisee, Stephen Hughes. Eight new members of staff have been recruited from Newport, including a new manager and assistant manager, and over £350,000 has been invested in the store which opened on 14 June 2014. It is Stephen Hughes’ third Pandora venture in South Wales, following the success of his outlets in Swansea and Carmarthen. Huw Thomas of Cooke & Arkwright acted for the private landlord in the deal and Stephen Kane & Co acted for Pandora.
A new office in Cardiff opened by Charles Stanley, the London-headquartered stockbroking and investment management company, has reported that growth in the Welsh arm of the business has far exceeded expectations in its first few weeks of trading. Andrew Stansfield, Branch Manager in Cardiff said that a pattern had developed of private banks and some brokers moving away from advisory services and increasing the entry levels to new clients for bespoke portfolio management. This is where he saw a niche developing.
As sentiment improves in the commercial market, Emvic Developments is one of only a handful of developers able to provide much needed city centre Grade A office space. Work is currently under way to extend and redevelop 53 The Parade in Cardiff to provide 4,200 sq ft of high quality offices. Completion of the period building, which is in a Conservation Area, is anticipated in early July and will include security access and parking for six cars.
A new Director has been recruited to join Cooke & Arkwright’s Board as part of the firm’s growth and expansion strategy to develop its business for the future. Nick Lawley joins the firm from DTZ’s London office, where he worked for 12 years and was a director in the investment agency department. This key appointment will see him focussing initially on Investment Agency and Business Development and a major part of his role will be to maintain an active presence within the London market.
SRT Marine Technology, a global market leader in the provision of maritime domain awareness technologies and systems, has opened new offices in Regents Court, Cardiff following the acquisition of a Cardiff based company with ground breaking 3D virtual reality visualisation technology. First started five years ago as a spin-off from the University of South Wales with assistance from Welsh Government funding, GeoVS was the brain-child of Rafal Goralski who had a vision for providing real-time virtual reality 3D display systems for the maritime industry. SRT Marine, which is headquartered in Midsomer Norton near Bath, has now acquired the company to enhance and expand its vessel tracking and monitoring system offer. The deal to secure offices in Cardiff for SRT was brokered on behalf of the landlord by Cooke & Arkwright.