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Cooke & Arkwright
2017 issue 6

Market Buildings Cardiff Cooke & Arkwright

Scope for investors at illustrious city centre building

A rare investment opportunity to acquire Cardiff’s renowned Grade II listed Market Buildings in St Mary Street in the heart of the city has been brought to market by sole agents Cooke & Arkwright.

The landmark Victorian building comprises 21,196 sq ft over six floors, with four fully occupied retail units at ground floor level, office accommodation on the upper floors and a basement nightclub. The attractive sandstone building forms the main entrance to busy Cardiff Market via a central two-storey arch decorated with a symbolic stone phoenix...

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Work to begin on construction of multi-million-pound imaging academy

The NHS Wales Health Collaborative has secured £3.4m of Welsh Government funding, on behalf of NHS Wales, to develop an Imaging Academy in Pencoed, near Bridgend. Based at the Pencoed Business Park, the innovative 16,500 sq ft site will provide a dedicated environment to train radiologists and imaging professionals.

Cooke & Arkwright has been retained to provide strategic advice on the refit of the building. The firm is being tasked with putting together a design specification for ...

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Ransom strip Cooke & Arkwright

Complex world of valuation of development land

We have been asked to consider what issues are relevant when valuing an attractive parcel of agricultural land allocated for residential development.

No two sites are the same and each will have different issues but below are just a few key issues that can impact on value...

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Scottish review of Business Rates has merit

In mid-2016 Scottish Ministers set up the Barclay Review into the Business Rates system in Scotland, which was published in August.

Jane Shankland, Associate Director in Cooke & Arkwright’s rating department and Executive Committee Member IRRV South & West Wales Association, examines the report and compares some of the recommendations with calls for reform in Wales...

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2018 EPC rules - possibility of unlettable accommodation

In 2015 legislation was passed that means from 1st April 2018, any new lettings or lease renewals of both domestic and non-domestic properties, defined by the Energy Act 2011 in England and Wales, will have to meet a minimum energy efficiency standard (MEES).

The minimum efficiency standard is set at an E rating for all types of domestic and non-domestic property. Landlords will NOT be able to let their properties unless they meet this standard...

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Speculative industrial development signals confidence in Aberystwyth

A new speculative industrial site is well into development at Glan yr Afon Industrial Estate, Aberystwyth. Parc Melin will eventually provide up to 60,000 sq. ft. of warehouse space, in units ranging from 1,196 sq ft. Phase One is due to complete in the first quarter of 2018.

Tim Lawley, Associate Director with Business Space comments, “Demand in Aberystwyth has bucked the trend in recent years and there is still high demand for modern warehouse space ...

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High spec offices in aberystwyth

This modern and striking two storey office building in Glan yr Afon Industrial Estate has a high-spec fit-out and is just a couple of miles from the centre of Aberystwyth and the seafront.

The first floor offices provide self-contained accommodation with kitchen and WC facilities and is accessed via a shared lift. Glan yr Afon is the main commercial, industrial and trade-counter district in Aberystwyth.

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beach clean to help make a difference

As part of Cooke & Arkwright’s commitment to helping to protect the environment, as demonstrated by our ISO 14001 Environmental Management certification, members of staff volunteer to undertake an annual exercise that actively helps to make a difference.

In April 2017 a group of volunteers from the firm went to Swanbridge in Sully to carry out a community beach clean in collaboration with Surfers Against Sewage (SAS).

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Cooke & Arkwright hosted the IRRV (Institute of Revenues, Rating & Valuation) South and West Wales Local Association meeting on Friday 15th September. The meeting was attended by IRRV President, Ian Ferguson IRRV (Hons) and Institute Chief Executive, David Magor OBE IRRV (Hons) with IRRV members from local authorities in South Wales. David Magor held a presentation on “Share-Gain a Way Forward for Business Rates in Wales” and Ian Ferguson discussed “Miscellaneous Income, the Third Income”.

Pictured left to right: Helen Stokes (Secretary IRRV South and West Wales Association); David Magor, Ian Ferguson, Jane Shankland (Associate Director Cooke & Arkwright, MRICS Executive Committee Member IRRV South & West Wales Association.

Cooke & Arkwright win Agency Team of the Year 2017

Cooke & Arkwright have been recognised as the Agency Team of the Year at the Insider Wales Property Awards 2017, just a few months after being named by Estates Gazette as the Most Active Agent in Wales. The award is recognition of the strength of the firm’s combined retail, office, industrial, development and investment agency teams, and the hardwork of all the team members.

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Cooke & Arkwright is a trading name of Cooke & Arkwright Ltd. Registered in England and Wales No 2618062. Cooke & Arkwright offer Retail, Office, Industrial, and Rural properties. Registered Office: 7/8 Windsor Place, Cardiff CF10 3SX. Cooke & Arkwright is regulated by the Royal Institution of Chartered Surveyors.
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