Opportunity with a great outlook

Site could deliver much needed housing to the area

23 November 2016

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Almost nine acres of residential land allocated for 160 residential homes in Merthyr Tydfil has been brought to market by the local authority. The site at Goatmill Road occupies an elevated position with good views across the valley in an area where there is high demand for homes. Nearby is the popular Bradley Gardens residential development and local facilities include Cyfarthfa Retail Park with retailers including M&S, while currently under development is the £40m Trago Mills retail and leisure scheme, due to complete in Spring 2018.

Community facilities such as the Old Engine House Boys & Girls Club - one of Britain’s best youth facilities - are plentiful. There are playing fields and playgrounds, and a good number of footpaths for dog walking and cycling which are all popular with local residents.

Robert Evans, Associate with Development Land at Cooke & Arkwright, who is marketing the site on behalf of the Council comments, “Merthyr Tydfil Borough Council is seeking interest from developers who can deliver much needed housing for the area that is accessible to everyone. There is a network of relatively new roads linking local facilities in the area, as well as to the Heads of the Valleys Road, and providing easy access to the Midlands, the A470 to Cardiff and the M4. This is an attractive opportunity in a sustainable location where the development will benefit and enhance the local community.”

Merthyr Tydfil has benefited from regeneration schemes and inward investment in recent years, and was recently placed fifth – the only Welsh contender – in the annual Great British High Street competition’s town centre category. Currently there are multi-million pound proposals to redevelop Cyfarthfa Castle in the grounds of Cyfarthfa Park, which is popular with visitors.

Conditional and unconditional bids are invited on an informal basis by no later than 12pm, 1st December 2016. For further information please contact Robert Evans on 02920 346336 or Caryl Howell on 02920 346353.

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.

The Welsh Rugby Union Limited, Welsh Rugby Union Group