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.

Cooke & Arkwright have been providing Newport City Council with rating advice for over 20 years. Andrew, Jane and Huw provide a personal and professional service and have an excellent knowledge of the Council’s assets which has enabled the Council to achieve substantial rate savings. A useful service offered is the status report which provides us with a snapshot of what appeals have been made and appeals outstanding throughout the life of the List. I would recommend Cooke & Arkwright Rating Services to any company wishing to procure up-to-date and professional rating advice.

Eirian Jones, Estates Team Leader, Newport Norse