Cooke & Arkwright
News
The Crown Estate Appointment
19/06/08
The Crown Estate has appointed Cooke & Arkwright to manage The Crown Estate’s Marine Estates interests in Wales for the next five years. This covers the foreshore area between mean high and low water, and estuaries and tidal rivers around a substantial part of the Welsh coastline in the former county estates of Monmouth, Glamorgan, Carmarthen, Pembroke, Cardigan, Merioneth, Caernarvon, Anglesey, Denbigh and Flint.
Fit to rock
29/05/08
Wales is to get its largest indoor rock climbing facility when Boulders opens its new 15,000 sq ft fitness centre in St Catherine’s Park, situated just off Newport Road, Cardiff in August 2008.
Central attraction
22/05/08
Cooke & Arkwright has acquired new offices at Robert Hitchins’ speculative development, Central Park on Western Avenue in Bridgend and has sold the first two newly completed units of almost 5,000 sq ft to Daydream Education, which is relocating from Cardiff. Another two units of 5,000 sq ft have just been signed to Ebtek and two further units are under offer.
Sale of 11 acre site creates Heads of Valleys jobs
10/04/08
Richard Hayward Properties has sold an 11 acre site at the Heads of the Valleys industrial estate in Rhymney to Neuson Ltd, part of the Wacker Neuson group, for £4m. The acquisition by Neuson is part of a £6.5m investment and expansion programme which will see production of construction equipment and compact construction machines double to 4,000 per year. The manufacturer is moving from its previous premises at Tredegar to the newly refurbished 110,000 sq ft premises on the site, which was vacated by Budelpack after a major fire in the warehouse in 2003.
Porthcawl Harbourside to re-launch key resort
02/04/08
The proposals for the regeneration of Porthcawl and its waterfront have reached a new milestone with the commencement of marketing. Under a joint arrangement between Bridgend County Borough Council and the principal private landowner, the first flagship phase of Porthcawl Waterfront, known as Porthcawl Harbourside, was launched on 28th March 2008. Property advisors Cooke & Arkwright have been instructed to market the 17 acre site to developers for a substantial mixed use scheme.
Empty Property Rates kick in
02/04/08
From April 1st 2008, with a few exceptions, all unoccupied commercial property in England and Wales became liable to 100% business rates due to the abolition of empty property rate (EPR) relief, first introduced almost 30 years ago. In addition, the commencement of the exemption period has been set retrospectively, meaning that anyone with a property that has been empty for more than six months for industrial, or three months for all other commercial property, becomes liable to full rates with immediate effect.
City centre landmark on market
25/03/08
One of Cardiff’s best known city centre landmark buildings and popular former hostelry which closed last October has been put on the market, presenting a prime commercial opportunity. The Grade II-listed former South Glamorgan Staff Club, which is situated directly opposite the main entrance to the Millennium Stadium, was sold at auction in February to a private client advised by chartered surveyors Cooke & Arkwright.
Young Property Personality of the Year 2007
08/02/08
William Lloyd-Davies, a surveyor at Cooke & Arkwright’s Cardiff offices, was named Young Property Personality of the Year 2007 at the Variety Club in Wales People in Property Awards, held at City Hall in Cardiff on February 8th 2007.
Locks secured with advance reservations
06/02/08
A luxury new residential development with spectacular sea views overlooking Locks Common in Porthcawl has attracted a flurry of interest, with several apartments including two penthouses already spoken for well in advance of completion.
Resolven House fully occupied
06/02/08
Resolven House, a new office development in St Mellons Business Park by D Herbert Builders Limited is fully occupied after joint agents Cooke & Arkwright and Fletcher Morgan disposed of it as two units. RPA Group, a leading firm of construction, cost and project management consultants, has taken a lease on the larger of the two units and the second has been sold to Reflex Marketing, part of the Natuzzi Group, a world leading producer of leather sofas and Italy’s largest furniture manufacturer.