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.”

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