Pandora boost to Merthyr High Street

Fast growing Danish jewellery retailer open in time for Christmas

12 October 2015

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Cooke & Arkwright’s Retail Agency team has let a unit to fast-growing Danish jewellery retailer Pandora, in a prime section of High Street in Merthyr Tydfil. The high profile letting to Pandora franchisee, David Christopher Ltd, has seen the concept store providing a welcome boost to the town since it opened at the end of October.

Ben Davies, surveyor within the Retail Department comments, “This new high quality store will help to lift to the town centre retail offering and is a vote of confidence in the town from a retailer who has been successful in identifying locations with growth potential. Merthyr Tydfil has traditionally faced out-of-town competition from Cyfarthfa Retail Park, but is undergoing various regeneration works including plans for a new transport hub and the restoration of the Grade II listed YMCA building to bring it back into commercial use. The unit is in a pedestrianised area close to Beacons Place and St Tydfil Shopping Centre, with occupiers in close proximity including EE, HSBC, Barclays Bank, O2 and Poundworld.”

Cooke & Arkwright’s Building Surveying department carryied out the agreed landlord works prior to opening.

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