Cooke & Arkwright
Offices News
Redevelopments help to transform heart of Bridgend
29/06/06
Property company CBL has completed another prestigious redevelopment project helping to transform the heart of Bridgend town centre. Following the success of earlier developments at 4 Derwen Road, Court House, 1 Court Road and Nolton Court, CBL has embarked upon a new concept for Bridgend with the provision of fully serviced office suites at 5-7 Court Road.
ITV buys Welsh Headquarters
ITV Wales has acquired its site at Culverhouse Cross from owners United Business Media in a deal worth £18.5m. Cooke & Arkwright acted on behalf of United Business Media with joint agents Strutt & Parker, inviting bids from a range of property development companies. ITV Wales plans to create a new digital studio complex at the site, which extends to 135,000 sq ft.
Landmark office block sold for Telereal
20/05/06
Acting on behalf of Telereal, Cooke & Arkwright has sold one of the largest office blocks in Cardiff to the University of Glamorgan for a figure in the region of £10m.
Big draw at barns
13/04/06
Mike Young Productions, the British BAFTA- and Emmy-award winning animation production company behind TV hits such as Clifford the Big Red Dog, SuperTed and He-Man and the Masters of the Universe, has moved its international production and distribution offices to Chapel Barn Business Units.
New courtyard scheme completed
27/10/05
Following the move to its new Cardiff Headquarters last year, Zurich reports the first disposals of the space it previously occupied in Fitzalan Court. The company trebled its presence in Cardiff with the move and released 22,000 sq ft in two buildings in Fitzalan Court - Westville House and Eagle Star House. All the accommodation has been refurbished and made Disability Discrimination Act (DDA) compliant.
Full count at Abacus
23/09/05
Hazell Carr, a major provider of outsourcing services to the Financial Services industry, has taken the entire 22,500 sq ft at Abacus House in St Mellons from landlord Office Visions (Wales) Ltd in a move to accommodate rapid expansion. Cooke & Arkwright acted with joint agents on behalf of the landlord.
First deal for new surveyor attracts record price
01/09/05
A record price has been paid for the freehold interest of 8 Churchill Way, a semi detached Victorian office building close to Queen Street. The property, which extended to three floors plus basement, attracted ‘phenomenal’ interest when it was put on the market in the early part of this summer, according to Rhydian Morgan of Cooke & Arkwright.
New courtyard scheme completed
31/08/05
Templar Properties has reported that the last two available units at Deryn Court, its recently completed 20,000 sq ft courtyard office scheme, are now under offer. Early sales achieved values of approximately £150 per sq ft whilst later sales have exceeded this benchmark. Templar has retained two units, one for investment and one for its own occupation.
Ocean’s high
10/08/05
Acting with joint agents, Cooke & Arkwright has secured the highest rent in Cardiff on behalf of J R Smart (Builders) Ltd, for the ground floor of its Ocean Buildings redevelopment in Bute Crescent, Cardiff Bay.The office suite of 1,720 sq ft has been let for just under £21 per sq ft. In a further deal, a 1,400 sq ft retail unit in the building has been sold by the agents after attracting a very strong price.
Business Park success leads to search for more land
16/07/05
Caerphilly Business Park, a 100,000 sq ft development on the eastern fringe of Caerphilly and one of the most successful office schemes outside Cardiff, has announced the completion of a further 21,500 sq ft at Phase 3, of which 6,500 sq ft has already been pre-let.