Good Fortune comes to Parc Busnes Edwards

23 September 2020
  • Parc Busnes Edwards Business Park Cooke & Arkwright
  • Parc Busnes Edwards Business Park Cooke & Arkwright
  • Parc Busnes Edwards Business Park Cooke & Arkwright
  • Parc Busnes Edwards Business Park Cooke & Arkwright
  • Parc Busnes Edwards Business Park Cooke & Arkwright

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Fortune Woods UK Ltd has acquired a 40,285 sq ft unit at Parc Busnes Edwards in Llantrisant after Cooke & Arkwright’s Business Space team negotiated the letting on behalf of the landlord. Fortune Woods is a Welsh furniture manufacturer supplying 200 independent retailers across the UK with a range of solid oak and hardwood furniture made using traditional cabinet making techniques.

Tim Lawley of Cooke & Arkwright said, “We are very pleased to have secured this high quality letting to Fortune Woods, which has upsized from its former premises in Llantrisant. The flexibility on site also offers the potential for any further expansion.”

Craig McGowan, Managing Director of Fortune Woods said, “We found the new premises at Edwards a better fit for our business as there were integrated offices and a larger trade showroom. It also provides easier access for the articulated trucks and containers that are coming and going to and from us daily. The loading bays are more secluded and do not face inwards into the estate, so it is easier for us to manage.

“The move has also allowed us to create a trade outlet where we can clear goods to the public. This has already resulted in one new employee position being created, with hopefully more to come.”

Tim added, “Edwards Business Park has a range of flexible warehouse space from 1,800 sq ft to 81,000 sq ft, as well as office space up to 8,000 sq ft. The landlord operates its own successful travel business, Edwards Coaches from 110,000 sq ft premises on the site, so tenants have the added reassurance that there is a shared interest in maximising opportunities for all occupiers. The landlord has undertaken redevelopment and refurbishment works, as well as landscaping the surrounding area and maximising car parking spaces, and provides 24/7 security for the site”

Parc Busnes Edwards has a prominent frontage onto the A4110 dual carriageway directly opposite the Royal Glamorgan Hospital and just three miles from Junction 34 of the M4. The Royal Mint and CAT Finnings occupy adjacent premises within the wider Llantrisant Industrial Estate. Cooke & Arkwright are sole marketing agents.

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