Major new city centre premises acquired for Cardiff University

One of largest city centre lettings this year

8 June 2016
  • Acquired for Cardiff University by Cooke & Arkwright, Friary House front view
  • Acquired for Cardiff University by Cooke & Arkwright, Friary House rear view

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Cooke & Arkwright has secured new offices for Cardiff University at Friary House, in one of the largest city centre lettings this year. The University has taken three floors - totalling 29,000 sq ft - in Friary House on Greyfriars Road, for a combination of administration and teaching uses.

The premises will house new studio space for the University’s School of Architecture as well as provide space for professional services staff.

Surrounded by a mixture of uses, including offices, hotels, residential and retail, Friary House is an eight-storey building arranged over basement, ground and eight upper floors. The basement, ground and first floor of the building are occupied by Tiger Tiger.

Ben Bolton, Director at Cooke & Arkwright, said: “We were pleased to advise Cardiff University to acquire 29,000 sq ft at Friary House. The brief was to find cost-effective central space for teaching and administration near to existing University buildings, so Friary House was an ideal fit in the right location.

“We’re still actively working with the University to secure a new home for the School of Journalism of approximately 40,000 sq ft.”
 

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