One of Cardiff’s long-established legal practices, Spicketts Battrick has expanded in the city and employed nine new solicitors and support staff. The firm’s growth coincided with neighbouring bank, Halifax, part of the Lloyds Banking Group, also requiring exra space. Alex Kalebic, Associate with Cooke & Arkwright’s Retail Agency, advised Spicketts Battrick in a deal which suited both parties’ urgent need for additional premises in this busy retail location.
Newydd, a charitable housing association with 2,600 properties across mid and south Wales, has purchased MNG House (5a Village Way) and Ty Cadarn, to provide a combined 10,000 sq ft office building in Greenmeadow Springs. The acquisition completes its strategy to bring staff to one location and prepare for growth with the creation of an additional subsidiary for Cardarn Housing Group, its parent company. Cooke & Arkwright acted on behalf of Newydd in the deal
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.