47,000 sq ft Orangebox letting completes site

Industrial Agency lets remaining warehouse space to Orangebox

7 October 2015

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Cooke & Arkwright's Industrial Agency has secured a letting of 47,000 sq ft at Treforest Industrial Estate to Orangebox, one of Wales’ top office furniture manufacturers. Acting with joint agents DLP Surveyors, we advised the landlord Blog Properties in the deal. Cooke & Arkwright has been providing advice on this 85,250 sq ft property for over 25 years, including latterly the sale of the building to Hutchings, Griffin Mill and Blog Properties for £1.5m.

Hutchins and Griffin Mill subsequently redeveloped the site and opened Hyundai, Nissan and Skoda showrooms within the front section of the building. The residual part of the site to the rear was surplus to requirements and is leased and managed separately by Blog Properties. Ben Bolton, Business Space Director comments: “This provides excellent warehouse accommodation in a secure but well-located site close to the Church Village by-pass. This letting to such a high profile company brings the site to full occupation.”

Cardiff Waterside is a significant property holding for Aviva Investors at almost 500,000 sq ft. Our experiences show the benefit of working with a regional specialist where occupational markets can be unlocked with a good team with excellent local contacts. Ben Bolton and his team have done this for us for many years and been fundamental to our success and a very low void rate in Cardiff.

Matthew Leach, Arriva Capital Waterside