28/09/06
Acting on behalf of Associated British Ports, Cooke & Arkwright has sold the 21 acre Llewellyn’s Quay Industrial Estate, Port Talbot.
The property, which currently comprises large compounds and industrial units, has been acquired by Manchester based Esterkin Properties, advised by Emanuel Jones, for a confidential figure believed to be in the region of £3m.
Graham Davies, Director of Cooke & Arkwright’s Investment Agency said, “One of the factors that contributed to the substantial interest in the property was its location. There are significant urban regeneration plans currently underway and proposed for Port Talbot, including the ongoing development of the Peripheral Distributor Road (PDR), which is opening up the southern areas of town to substantial commercial and residential development potential.”