News & Views - 2021
The latest news, events and insights in the Wales property world

New rate relief announced for retail, leisure and hospitality sector in Wales for 2022-23

New rate relief announced for retail, leisure and hospitality sector in Wales for 2022-23

The Welsh Government announced its Draft Budget on Monday, 20th December 2021. This included £116bn package of rate relief to support businesses most directly affected by the pandemic, comprising an…

New volunteer board member at Beacons Creative Wales

New volunteer board member at Beacons Creative Wales

Beacons Creative Wales Limited welcomed a new member to its voluntary board of directors in December, when it was joined by Chris Hyde, Director of Land Agency at Cooke &…

Greggs opens in Cardiff’s newest landmark building

Greggs opens in Cardiff’s newest landmark building

Greggs has opened its latest offering in Cardiff on the ground floor of the city’s newest landmark building, the Centre for Student Life which has been developed by Cardiff University.

Welsh planning rules on flooding suspended to 2023

Welsh planning rules on flooding suspended to 2023

The Welsh Government has suspended the implementation of its new TAN 15 planning rules on flooding until 1st June 2023. It was due to take effect on 1st December 2021.

Hat-trick for Cooke & Arkwright as it wins Commercial Agent of the Year award

Hat-trick for Cooke & Arkwright as it wins Commercial Agent of the Year award

Cooke & Arkwright was named Commercial Agent of the Year for the third consecutive year at the Cardiff Property Awards in November 2021.

Cooke & Arkwright proud to support girls football

Cooke & Arkwright proud to support girls football

We're very happy to be sponsoring the Thornhill Athletic Football Club's Under-11 girls' football team in Cardiff.

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Cooke & Arkwright have been providing rating valuation advice to The Welsh Rugby Union Limited (“WRU”) and Millennium Stadium plc for many years. They were recently successful in achieving substantial reductions in the assessments of the Millennium Stadium, covering both the 2005 and 2010 rating list. These negotiated reductions yielded savings of c.£3.5m which, crucially, allows the WRU to re-invest in rugby throughout Wales. They advise the WRU across the group portfolio including the National Centre of Excellence in the Vale of Glamorgan. The valuation issues across the WRU portfolio are complex requiring a high level of understanding of the funding and finances of professional sport in Wales. Cooke & Arkwright’s experience and understanding of these issues and application to the rating valuation have yielded these substantial negotiated reductions. The WRU and the Millennium Stadium entrust our work to organisations with the required levels in experience and expertise in dealing with these complex issues. I am glad to say we have this expertise in Wales. I would have no hesitation in recommending ratepayers making use of this Welsh based expertise.

The Welsh Rugby Union Limited, Welsh Rugby Union Group