SMS makes smart move to Copse Walk

27 March 2019
  • Copse Walk, Cardiff Gate, Cooke & Arkwright
  • Copse Walk, Cardiff Gate, Cooke & Arkwright
  • Copse Walk, Cardiff Gate, Cooke & Arkwright
  • Copse Walk, Cardiff Gate, Cooke & Arkwright

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Smart metering and energy services provider SMS Plc has announced that it is expanding its operations and taking new premises at Cardiff Gate International Business Park. SMS will move into 4,518 sq ft of refurbished offices formerly occupied by Coca Cola in Unit D, Copse Walk. The company also owns/occupies two other premises at Cardiff Gate, another in Lamby Way, Cardiff, as well as five other locations nationally, including its headquarters in Glasgow.

Cooke & Arkwright are joint letting agents with Colliers International at Copse Walk. Since purchase in 2016, the landlord has invested in a full renovation programme of the 19,808 sq ft of office suites, where 17,586 sq ft has since been let. Units A to D are fully occupied following the letting to SMS and just one suite of 2,200 sq ft remains available on the ground floor of Unit B.

Rhys Price, surveyor with Cooke & Arkwright’s Business Space team said, “We are pleased to welcome SMS as the latest arrivals to Copse Walk, where we recently let a suite of offices to health economics consultancy, HEOR.

“The offices have been refurbished to an excellent specification and this, combined with their ideal location in close proximity to the M4, makes Copse Walk very attractive to businesses. We are receiving a good level of interest in the remaining ground floor suite in Unit B. This provides 2,200 sq ft of offices which have also been fully refurbished and come with eight car parking spaces.”

Tim Mortlock, Managing Director of SMS said, “Energy in the UK is undergoing a revolution, creating a large market for the installation and management of intelligent technology assets, as well as integrated data and sustainability solutions. With the development of our complete energy service, we are uniquely positioned to be a driving force as this market grows. The new offices at Copse Walk are a great location for us, assisting with our expansion as we recruit nationwide for energy professionals to join our growing team.”

A trusted energy partner providing an end-to-end service, SMS connects, owns, operates and maintains metering systems and databases on behalf of energy suppliers, and also delivers metering, energy management and utility connection services directly for large energy consumers and multi-site organisations. Customers include UK energy suppliers, major housebuilders, private and public property developers, and large industrial and commercial organisations, including major rail and telecoms companies.

SMS joins neighbouring tenants in the park including Redrow, Mitie, Hotel Ibis, Molson Coors, Regus and Scottish and Southern Energy. They will also be able to make use of the good amenities on site with Starbucks, Burger King, Waitrose, WH Smith and a Toby Restaurant and Public House all nearby, as well as doctors’ surgeries and a crèche.

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.

Steve Phillips, Group Finance Director, Welsh Rugby Union Group