Drill Hall at the ready

17 May 2017

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Following the successful sale of two residential development sites in Gorseinon and a four-acre former barracks in the Rhondda, Cooke & Arkwright has been instructed by the Reserve Forces & Cadets Association for Wales to market its Drill Hall in Knighton.

The property extends to 4,707 sq ft and is situated in the centre of the small market town close to public parking. It provides an excellent meeting hall with a variety of potential opportunities and comprises a large hall, several offices, storage space and disabled facilities. It is being offered for sale freehold with vacant possession.

Jeremy Symons, Director at Cooke & Arkwright who is marketing the property comments, “This is a unique opportunity to purchase a well-known building within the town and which has acted as a focal point for many years. We have received strong interest locally and anticipate moving forward towards a sale in the near future.”

With a thriving livestock market, Knighton in Powys straddles each side of the border between Wales and England, alongside the Offa’s Dyke National Trail and Glyndwr’s Way in the Marches countryside. The town provides accommodation including an award-winning hotel, bed & breakfasts and self catering cottages, and offers many cycling and walking routes. It can also be accessed by the Heart of Wales railway line via the town’s railway station, which is actually located in Shropshire, England.

For further information please contact Jeremy Symons T: 02920 346360

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.

Steve Phillips, Group Finance Director, Welsh Rugby Union Group