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Cooke & Arkwright
2017 issue 3

Making the grade

Ben Bolton, Director of Business Space at Cooke & Arkwright, looks at how cities can best maximise their built environments.

The structure of the Welsh economy has undergone huge changes in recent decades, from one largely based on manufacturing to one more reliant on services. This pattern, which is echoed in cities across the UK, means that Welsh cities are likely to continue to require high value, office-based employment. This makes the provision of the right type of office space hugely important for ...


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Growing trend for public sector in property investment

Investment Director, Graham Davies looks at the increasing challenges councils face in providing services against reduced government funding.

Many local authorities are looking at creative ways of balancing their books and becoming players in the investment market.

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Strong showing in Q1 for cardiff offices

Commercial office lettings in Cardiff in the first quarter were up 57% on the same quarter last year, in figures released by Cooke & Arkwright.

According to the data, gathered by the Cardiff Commercial Property Forum, total space leased in the first quarter of 2017 was 150,500 sq. ft., compared with 95,000 sq. ft. for the same period last year.

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Cardiff 3rd in hot 100

In research carried out by CACI, Cardiff was named the third best potential office location in the UK outside of London in the Property Week Hot 100 Office Index 2017.

The Welsh capital gained top A grade scores for its very strong retail and food and beverage sectors, and also scored highly for the demographic of its workforce with a wide spread of high, medium and low income workers. Other high scoring areas included public transport access, its quality of road networks, quality of shops in the city, catering provision and wi-fi connectivity.


Rogue Rating firms targeted

Professional rating consultants have become increasingly concerned about the practices of some unscrupulous firms that target occupiers with misleading promises to secure reductions in the rateable value of their properties.

Occupiers can be besieged by aggressive marketing tactics and not be made aware that their rates can go up as well as down. They are then charged up-front fees, have appeals launched on their behalf without proper prior investigation, find that they have signed up to contracts that are less than transparent about length of terms, and discover that there are heavy charges if they try to cancel their contracts.

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Enabling real estate market to deliver in wales

Cooke & Arkwright's Chairman, Michael Lawley, was invited by Wales Business Insider to sit on the panel at the Construction & Property Breakfast to take part of the property debate about 'Enabling the Real Estate Market to Deliver in Wales'.

Speaking on 'Promotions', he said, "We do well at selling Wales as a great place to live or visit. We struggle with selling it as a great place to come and do business, create businesses and grow. But we ...

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Commercial opportunities at Centre for Student Life

Cooke & Arkwright has been appointed to market the commercial space for a flagship Centre for Student Life at Cardiff University. The new Centre for Student Life, proposed for Park Place, is part of a £50m investment in the student experience at the University.

Alongside a state-of-the-art lecture theatre and a range of informal learning spaces, it will also house two prominent commercial outlets, which Cooke & Arkwright will be marketing to potential occupants.

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Pysgodlin Barns

Coastal residential and holiday let opportunity

A cluster of traditional stone barns and outbuildings set in open countryside on the Glamorgan heritage coast offers an exciting development project for someone to create a new residential dwelling plus a holiday cottage.

Pysgodlyn Barns in Broughton, near Monknash in the Vale of Glamorgan, are surrounded on three sides by open countryside and fronted by a quiet country lane. Historically a dairy supplying the wider estate, the property is set in 1.13 acres and includes the barns and a courtyard, a parking area and a walled paddock.

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Drill Hall at the ready

Following the successful sale of two residential development sites in Gorseinon and a four-acre former barracks in the Rhondda, Cooke & Arkwright has been instructed by the Reserve Forces & Cadets Association for Wales to market its Drill Hall in Knighton.

The property extends to 4,707 sq ft and is situated in the centre of the small market town close to public parking. It provides an excellent meeting hall with a variety of potential opportunities and comprises a large hall, several offices, storage...

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Heroic effort by cooke & arkwright's sevens squad

Cooke & Arwright entered a squad into the RICS National Sevens tournament in Richmond on Thursday 11th May.

It was a fantastic day, on and off the field, with every one of the squad competing fiercely, playing some very decent rugby and enjoying each other's company throughout.

They made it through to the 'plate' quarter final and were narrowly defeated by Colliers.

We are proud of their performances on the pitch, and of the way they took up the challenges of preparing, organising and building a genuine 'team' beforehand. They were a great credit to themselves and to the firm.

Working together, believing in one another, trusting each other and showing leadership, courage and a collective commitment are fundamentals of Cooke & Arkwright's success and longevity. Well done to all 12 of our squad!

Graham Davies, Director

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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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