A G Meek, one of the longest established independent footwear retailers in the south Wales area, which celebrates its centenary this year, has acquired new premises at 3-4 Llanarth Street in Newport in a relocation from Upper Dock Street, securing seven jobs. Currently it employs around 30 people at its stores in Cardiff, Newport and Gloucester. “The new shop has a much bigger frontage, which we need to display the wide variety of footwear that we sell,” said owner David Meek. “It’s also well located. Newport city centre has suffered very badly in recent years but we are hopeful that the announcement that Debenhams will anchor the newly launched Friars Walk scheme will be a catalyst for better fortunes for the city centre.”
With refurbishment and fit-out works well under way, Principality Building Society is on track to open a new 2,420 sq ft dual-branch in Cwmbran Shopping Centre in December 2012, creating five new jobs and providing financial as well as property services via its Estate Agents, Peter Alan. The unit, formerly occupied by Pizza Hut, was acquired on a 15 year lease on behalf of Principality by Huw Thomas, Director of Retail at Cooke & Arkwright.
24 October 2012
Ben Bolton has joined Cooke & Arkwright’s Board as a full Director. With Director Jeremy Symons, he will head the firm’s restructured Business Space Department, created by the amalgamation of the current Office and Industrial agency teams.
Acting on behalf of Threadneedle, Cooke & Arkwright has leased 83,000 sq ft on a 1.7 acre site at Reevesland Industrial Estate in Newport, on a 10 year lease to JoJo Maman Bébé, securing 120 jobs in the local area. The move will more than double the company’s occupational space and provide new head office accommodation with expanded warehouse and storage facilities.
Advised by Cooke & Arkwright, Orchard Street Investment Managers has bought a 122,145 sq ft purpose built Tesco Extra in Wembley, NW10, from a joint venture between British Land and Tesco. The property was bought on behalf of a client of Orchard Street for £61.86 million, reflecting a net initial yield of 5.5%.
Bizzi-Day Nursery has taken a new unit of 3,000 sq ft unit at Bocam Park, Bridgend, where it will cater for 66 children and ultimately employ 24 staff. The successful business, set up by Helen Norman and Maria Williams in September 2008, already employs 20 mainly full-time staff at its existing nursery in Talbot Green.
Partspeed, vehicle dismantler, recycler and supplier of quality ‘green parts’, has purchased 40,000 sq ft industrial premises in Forge Lane Industrial Estate, Maesteg, where it is setting up a ‘carless dismantling business’ which will produce green car parts for both the domestic market and worldwide export. The site is the former Gardner Aerospace factory which closed with the loss of 69 jobs in 2011.
29 August 2012
Acting on behalf of Ladbrokes, Cooke & Arkwright has negotiated a new long term lease at Kingsway House in Bridgend Industrial Estate. The betting and gaming business had to relocate from the former Pied Piper public house site which is being redeveloped.
21 August 2012
Just two years after it was created, a Welsh social housing landlord has bought its office and headquarters in Blaenau Gwent. Tai Calon Community Housing moved into Solis One at Blaina the day it was formed on 26 July, 2010. The 56,004 square feet building had been owned by the Welsh Government.
15 August 2012
Two Welsh sporting legends have attended the opening of new offices at the Grade 11 listed Victorian malthouse, The Maltings in Cardiff. Lynn “The Leap” Davies CBE, who won a gold medal for the Long Jump at the Tokyo Olympics in 1964, and rugby great Gareth Edwards CBE, joined Nick Williams, Chairman of The Maltings Ltd along with over 20 local agents.