Five members of staff at Cooke & Arkwright have been promoted in recognition of their hard work and professional contribution to the firm. Russell Davies has been promoted to Associate Director and Amy Thomas, Ian Hyman, Alan Jones and Tim Lawley have been made Associates. Reflecting their increased responsibilities, they commented on their areas of expertise within the practice and how the current climate is affecting activity.
Envitech, an independent manufacturer of analytical instrumentation for the water industry, has purchased a 6,000 sq ft industrial unit at Capital Business Park in Cardiff to provide space for expansion, new production and R&D departments, and more staff. The move represents a substantial investment in the business and in the future of its employees, and comes after a period of growth which has accelerated during the last two years. Cooke & Arkwright acted for the private vendors in the deal.
The first Pandora store exclusively stocking the Danish jewellery brand in West Wales has opened in time for Christmas, with sales exceeding expectations and the store trading 30% above target projections. The shop in Lammas Street, Carmarthen is Welsh jeweller Stephen Hughes’ second Pandora shop in south west Wales. The founder of Stephen Hughes Fine Diamonds in Swansea, he already has a Pandora store in Swansea and is looking to open two more franchises in the UK over the next couple of years. Cooke & Arkwright acted for the private landlord in the deal.
At a time when retailers across the UK are struggling from the impacts of a challenging economic climate and internet shopping, and when retail development activity across the country has fallen to its lowest level for decades, Bargoed is experiencing something of a resurgence as a new town centre facility rises from a five acre man-made plateau on its doorstep.
Giovanni Malacrino, owner of one of Cardiff’s best known provincial Italian restaurants, is to open a new establishment at 7/8 Park Place, opposite the New Theatre. The acquisition comes as ‘Giovanni’s’ renowned restaurant on the Hayes celebrates its 30th anniversary. Cooke & Arkwright acted on behalf of the landlord, J R Smart, whose offices are located on the upper floors of the premises.
British Red Cross has purchased Kidwelly House at Charter Court, Phoenix Way, Swansea, after outgrowing its existing offices in nearby Villiers House. The Red Cross, which helps vulnerable people in South Wales, had been looking for suitable replacement offices for expansion for some time. Cooke & Arkwright acted on behalf of the vendor, Faircroft Real Estate in the deal and John Arkwright & Co acted on behalf of the Red Cross.
ITV Cymru Wales has announced plans to relocate its headquarters to a new modern facility in the heart of Cardiff Bay as part of its ongoing commitment to public service broadcasting in Wales. It will relocate from Culverhouse Cross in Cardiff to 3 Assembly Square and will occupy around 11,000 sq ft on the ground floor of the building, next door to the Welsh Assembly building in Cardiff Bay. It is expected to complete the move by June 2014. Cooke & Arkwright were joint agents advising Aviva Investors in the deal.
Engineering and design practice, Troup Bywaters + Anders (TB+A) has moved to the heart of Cardiff city centre at 3 Park Place. This follows on from a sustained period of growth for the UK-wide business in its professional design consultancy services serving the construction and energy markets. Cooke & Arkwright acted for the landlord, property investment company Hollybush Properties Ltd.
Plywood & Timber Centres (UK) Ltd has acquired 11,500 sq ft premises at Ashmount Business Park in Swansea where it has invested over £100,000 on advanced technology and equipment, and adapted the premises as a distribution centre for its specialised plywood and timber products. Cooke & Arkwright acted on behalf of the landlord, M7 in the deal.
Cardiff chartered surveying firm Cooke & Arkwright has raised well over £3,500 for Wales Air Ambulance, the all-Wales charity which provides vital emergency air cover and has carried out over 17,000 missions since its launch in 2001. The firm held social events and activities which raised around £650, and the lion’s share was raised by Director Jeremy Symons, who climbed Mount Kilimanjaro with a small group of people in July. A gruelling climb towards the end, which saw some people suffering quite badly from altitude sickness, Jeremy managed to complete the 19,340 ft ascent in six days, raising over £3,000 in the process.