Warehouse redevelopment for under-supplied market

20 February 2019
  • Edwards Business Park Cooke & Arkwright
  • Edwards Business Park Cooke & Arkwright
  • Edwards Business Park Cooke & Arkwright
  • Edwards Business Park Cooke & Arkwright
  • Edwards Business Park Cooke & Arkwright
  • Edwards Business Park Cooke & Arkwright

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Edwards Coaches is developing twenty-seven self contained, flexible business units at its 25 acre Park Busnes Edwards at Llantrisant Business Park. The units, which will be known as the Frams Business Centre, will each measure c.1,800 sq ft and will be available either individually or in multiples to create larger units. All come with two-way internal vehicle access and parking. Up to 9,000 sq ft of office space is also available which will be refurbished.

Tim Lawley, Associate Director with Cooke & Arkwright’s Business Space team, who are the sole marketing agents, said, “We’ve already had enquiries about the units prior to completion, from companies ranging from small start ups to more established businesses. The interest is an indicator of the level of demand and perceived lack of supply for good quality small business units in the area.

“Edwards Coaches operates its successful travel business from 110,000 sq ft premises at the site, so tenants can be assured there is a shared interest in maximising opportunities for all occupiers. The redevelopment and refurbishment works by the landlord demonstrate a considerable stake in the ongoing process of transforming the warehouse offering while also landscaping the surrounding area and maximising car parking space. A café has recently opened up on the site.

“There are plans to refurbish the first floor, open plan office accommodation which comprises around 6,500 sq ft to the front of Frams Business Centre. A further 2,500 sq ft of small office suites are available in The Courtyard, where Edwards Coaches has its sales and customer reception rooms.”

Parc Busnes Edwards has a prominent frontage onto the A4110 dual carriageway directly opposite the Royal Glamorgan Hospital and just three miles from Junction 34 of the M4. The Royal Mint, Cav Aerospace and CAT Finnings occupy adjacent premises within the wider Llantrisant Industrial Estate. Cooke & Arkwright acted on the sale of the site by the Welsh Government in 2016 to Edwards Coaches, who consolidated their business from their former Llantwit Fadre HQ.

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