Port Talbot’s Harbourside Business Park development fully let

Global engineering firm takes lease on all 8,500 sq ft at Llewellyn House

21 October 2015

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Cooke & Arkwright’s Office agency has let all 8,500 sq ft at Llewellyn House, in Port Talbot’s Harbourside Business Park development to Thyssen Krupp, a global engineering and project management consultancy in the oil, gas and power developments industries. The ten-year lease, secured with joint agents Alder King, brings the 67,000 sq ft high-tech development by Deryn Properties (Investments) LLP to full occupation, with long leases at the two other buildings to Her Majesty Court Services, Tata Steel UK Ltd and TWI Ltd.

Ben Bolton, Director of Business Space at Cooke & Arkwright commented: “This is a great new occupier for the developing Port Talbot region where the Harbourside project to redevelop the docks, the Research and Development Village, and improvements to infrastructure and communications, including Port Talbot Parkway station’s redevelopment, are raising the profile of the area and attracting technology-led investors and companies. Deryn Properties are close to completing a similar scheme on development land they secured on Baglan Energy Park nearby.”

Cooke & Arkwright’s Investment agency sold the 21 acre site, originally known as Llewellyn’s Quay, on behalf of Associated British Ports in 2006. The firm went on to provide development advice to Deryn Properties on its 25,000 sq ft office and magistrate’s court development for HM Court Services at Harbourside, and subsequently brokered the sale of the completed investment to Keills Fund Managers in 2011.

Harbourside is situated on Harbour Way, Port Talbot’s new £107m Distributor Road which connects the M4 to the Harbourside area.

Blake Morgan committed to 29,000 sq ft office in the exciting Central Square development. We retained Ben Bolton and his team some time ago to advise and appraise options in the lead up to this significant move of our Cardiff Office. The business is extremely pleased with the outcome and Ben's negotiations and attention to detail was a major part to this.

Philip Jardine, Blake Morgan LLP