Three mile section of Severn foreshore acquired for mystery buyer

Unusual asset not owned by The Crown Estate

31 March 2016
  • Image of foreshore
  • Wentloog Wildfowlers and Gwent Wildlife Trust members tidy up foreshore
  • Image of Roger Thomas

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Three miles of mudflats along the Severn Estuary foreshore extending to 770 acres have been purchased at auction by Roger Thomas, Consultant at Cooke & Arkwright, on behalf of a private client for £61,000. The lot comprised two parcels of land between Petersone Wentlooge and the Rhymney River estuary, and attracted keen interest from a number of bidders who were active at the auction or by phone. Unusually this section of foreshore was not owned by The Crown Estate, for whom Cooke & Arkwright act as Managing Agents on its Marine Estate Interests in Wales, so the land is a rare asset. Mr Thomas said that the purchaser was very environmentally aware and did not plan to make any changes or develop the land.

“I am delighted to have acquired the foreshore for our client who is a keen conservationist,” he said. “He is very happy to allow the continuation of the current sporting use by the Wentlooge Wildfowl and Conservation Association who have leased it for many years and will continue to do so.”

Mat Holloway, Secretary of the Wentloog Wildfowling & Conservation Association said, “The new owner is an old friend of our Club and we are delighted and grateful that he is keen for us to continue our conservation and sporting activities on this very special stretch of foreshore.”

The land comprises beach, mudflats and salt marshes and The Wales Coastal Path runs along the shoreline. It is within the area of the proposed Cardiff Tidal Power Lagoon. The auction was held by Paul Fosh Auctions in Cardiff on 24 March.

Pictured: Mudflats on Wentloog foreshore; Wentloog Wildfowlers and Gwent Wildlife Trust members tidy up the foreshore; Roger Thomas of Cooke & Arkwright

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