Brunel Park fully occupied within a year

22 March 2017

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Brunel Park in Port Talbot, a 14,000 sq ft development of new offices by Deryn Properties, has been fully let in less than 12 months after attracting strong interest from a variety of occupiers. Three thousand sq ft in Unit 2 was sold to the Ministry of Furniture, and the first floor of Unit 1 has been let to S&C Electric Company. The remaining space has been let to Acorn Recruitment, the British Red Cross, Allied Health Care and Plaid Cymru.

Tim Lawley, Associate Director with Cooke & Arkwright, joint agent on the scheme, said the ongoing regeneration initiatives in Port Talbot were helping to attract the attention of investors and occupiers to the region.

“The site is part of Baglan Energy Park and these high quality offices are very well placed with good access to public transport in an M4 corridor location. We are delighted to have let this brand new development in such a short period of time and have received enquiries from potential occupiers looking for more space. There is scope for further development in the area, which is fast establishing itself as one of the region’s premier business parks.”

The site also houses a health centre, and nearby occupiers in the vicinity include Neath and Port Talbot Council HQ, Ecolab, Inter-tissue and Neath Port Talbot Homes. A ‘super-school’, Ysgol Bae Baglan has opened and there are plans to construct a large new prison on a publicly owned site in Baglan.

Joint agents: Alder King.

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I have worked with Jeremy Symons over the past three years successfully leasing and buying property in support of my business. I continue to be very pleased with his knowledge of the market and expertise. Our relationship over this time has resulted in acquiring 20,000 sq ft at Capital Business Park in Cardiff, leasing 11,000 sq ft at Southpoint, and subsequently leasing an initial 42,000 sq ft at Parc Bedwas, followed by a succession of expansions of a further 11,000 and then 47,000 sq ft, enabling us to centralise all of our operations at Parc Bedwas in a single 100,000 sq ft facility. The acquisitions were completed at the perfect time for tenant purposes and the rent fixed throughout the term at very economical rates. A job well done.

Bob James, Aerfin