University on Parade

Redeveloped Grade A building on The Parade attracts Cardiff University

16 December 2015

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Following an extensive programme of redevelopment, a formerly dilapidated building at 53 The Parade in Cardiff, has been extended and converted into 4,200 sq ft of Grade A office space and successfully let to Cardiff University. Cooke & Arkwright’s Business Space Agency advised Emvic Developments on the redevelopment and extension of the building, and the potential for attracting business and professional tenants to the property. The Parade is in a Conservation Area and includes security access and parking for six cars.

Tim Lawley, Associate at Cooke & Arkwright said, “We identified that there was still a clear desire for Grade A space in this area, where good quality, small scale builds and refurbishments have been snapped up quickly in recent years, achieving close to headline rents for the city. Previously a mix of office and residential accommodation, The Parade is now a statement building providing high quality accommodation in a prominent location in the city centre. We are delighted with the outcome and to have secured the letting to the University.”

The Leekes Retail and Leisure Group have substantial property assets within the group and have engaged Andrew West to appeal against rating assessments on these properties since 2010. We have consistently been impressed by Andrew's knowledge of the property market and his negotiating skills have been exceptional. Given Andrew's outstanding performance, we would not hesitate to recommend Andrew to any business large or small seeking to appeal their rates liabilities.

Mike Fowler, Group Finance Director, Leekes Group