Graham Davies, investment director at Cooke & Arkwright, said: “We’re delighted to have completed another lucrative post-Brexit deal on terms that are commercially beneficial to both vendor and purchaser.
“This is another example of being able to put together willing sellers and proven purchasers to structure deals.”
Cooke & Arkwright’s work with Cognitive Properties and affiliate companies extends beyond Wales. It recently secured the £4m purchase of two distribution units totalling 65,000ft at Gilcar Way in west Yorkshire on behalf of a sister company of Cognitive Properties.
The site is one of the leading distribution locations in the north west of England, offering exceptional access to the north west and north east of England and south to the midlands.
These purchases, alongside the £37million acquisition of House of Fraser for a Gulf-based investor in August, represent a busy quarter for Cooke & Arkwright, with total transactions brokered for the three months to the end of September totalling more than £47million.