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Cooke & Arkwright
News 2018 Issue 4

John Smart MBE

It was with great sadness that we learned of the death of John Smart MBE, one of South Wales’ premier speculative property developers, on 6th August 2018.

He was the founder and chairman of J R Smart Builders Ltd, responsible for many of the city’s major regeneration schemes, including Capital Quarter and Capital Business Park. For more than 40 years his company has been responsible for developing around 2.5m sq ft of...

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Cardiff's historic Market Buildings sold to London based investor

One of Cardiff's best known buildings, Market Buildings, which fronts Cardiff Market in the city centre, has been acquired by a London based investor.

Cooke & Arkwright sold the grade II listed property on behalf of Sellar Property Group ...

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HEOR announces significant expansion plans

Independent health consultancy HEOR has announced it has expanded into a new 6,443 sq ft office base in Cardiff Gate and will be creating 10 new jobs following significant growth.

HEOR, which specialises in health economic and statistical analysis, has agreed a lease to occupy the space at Copse Walk, Cardiff Gate Business Park. The site, marketed by joint real estate advisers Cooke & Arkwright and Colliers

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Proposals could have profound effect on Welsh meat industry post brexit

The Welsh Government is consulting on proposals for a new Land Management Programme to replace the Common Agricultural Policy (CAP) and Basic Payment Scheme (BPS) when the UK extis the EU next March.

Associate Director with Land Agency, Chris Hyde comments, "The government is shifting the emphasis markedly away from farming in its truest sense. This is likely to have a particularly profound effect on the red meat industry in Wales...

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Planning consultation gives food for thought

The Welsh Government (WG) is currently consulting on proposed changes to planning legislation which would revise the Use Class Order within the retail and leisure sector.

Ben Davies, Associate with Cooke & Arkwright’s Retail & Leisure Agency said, “One area of concern is the limiting of opening hours within the A3 use. This contradicts the general consensus within the market - not just in Wales, but across the UK...

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200,000 sq ft industrial space brought to market

In a very tight supply market, Edwards Coaches is offering over 200,000 sq ft of industrial, logistics and manufacturing warehouse space at Parc Busnes Edwards in Llantrisant.

The park comprises a range of units from 10,000 sq ft up to 68,000 sq ft, within a substantial warehouse building on a secure 25 acre site. Situated opposite the Royal Glamorgan Hospital, it is part of a wider industrial estate which is home to the Royal Mint, CAV Aerospace and ...

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surprising statistics highlighted in consultation response

On behalf of the Royal Institution of Chartered Surveyors (RICS) Wales, Rating Director Andrew West has delivered a response to the Welsh Government’s Consultation on Tackling Avoidance of Non-Domestic Rates in Wales. The Welsh Government will publish its review and outcome in due course.

The RICS response was presented on 26th June and drew attention to some surprising statistics...

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Daffodil turbine first of its kind

A 62.5 metre green wind turbine with yellow blades and a nacelle has been installed on land behind The Royal Mint’s factory site and Royal Mint Experience visitor attraction in Llantrisant. It was painted to look like a daffodil and is part of The Royal Mint’s eco-energy drive. Cooke & Arkwright’s Land Agency negotiated the terms of the land agreement for the turbine.

Russell Davies, Associate Director said, “The turbine will provide electricity for The Royal Mint ...

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High Court ruling sets new precedent on Empty Property Rates

A recent High Court ruling on empty property rates liability will come as welcome news to landlords and owners seeking to mitigate their tax burden.

The decision in the case: Principled Offsite Logistics Ltd (POLL) v Trafford Council (2018), ruled that the storage model employed by POLL in order to mitigate rating liability for clients is sufficient to constitute beneficial occupation...

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Business Rate Revaluation brought forward in wales

The next business rate revaluation in Wales will take place one year earlier in 2021, in line with the next revaluation in England, it has been announced.

Surprisingly, this did not include the intention to follow England in committing to regular three yearly revaluations thereafter...

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Forty years of change in the property workplace!

Cooke & Arkwright is waving an affectionate farewell to one of its longest serving staff members after 40 years’ dedicated service. A lot has changed in the workplace during that time, from technology and equipment to fashion...

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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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