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Cooke & Arkwright
2017 issue 8

A year of growth, uncertainty and positive demographic change

2017 turned out to be a very good year, but it has to be said that it was extremely difficult to predict due to the backdrop of uncertainty that swung almost constantly like a pendulum. The property world is not well inclined to uncertainty and we have had this for some time. Unfortunately going forward this will remain the case.

That said, Cardiff in particular has demonstrated almost unprecedented growth with positive demographic change, enhancement ...

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proud sponsors of Wales week in London

Cooke & Arkwright has announced it will be supporting Wales Week in London in 2018.

Now in its second year, the marketing initiative which aims to promote events and profile-raising opportunities in London for Wales and Welsh organisations, recently launched its 2018 events programme at an event hosted by Rt Hon Alun Cairns, Secretary of State for Wales, at Gwydyr House in London.

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Permanent Small Business Rate Relief Scheme for Wales

The Welsh Government has announced that a permanent Small Business Rate Relief scheme (SBRR) will be introduced from 1st April 2018. 

The current limits will remain the same: occupied properties up to £6,000 RV will continue to receive 100% relief from business rates, tapered up to £12,000 RV i.e. occupied property with an assessment of £9,000 RV will enjoy 50% relief...

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Andrew Gardner, Managing Director of Cooke & Arkwright, has been appointed a member on the Fédération Equestre Internationale (FEI) Dressage Committee. Founded in 1921, the FEI is the world’s governing body for equestrian Olympic sport.

It regulates equestrian programmes at championships and continental and regional games, as well as the Olympic and Paralympic Games. Andrew became a 5*/O-dressage judge...

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Two key promotions following strong growth

Cooke & Arkwright has made two strategic promotions following strong growth in 2017.The Cardiff-based firm has promoted two employees to director and associate director.

Jane Shankland has been promoted to director of business rates and will now assist fellow director Andrew West in continuing to grow the department, with a particular focus on ...

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Principality invests in redesign of branch network

Principality Building Society has relocated its Newport branch to the Kingsway Shopping Centre, introducing a fresh look and feel designed to better meet the needs of current and new Members. Cooke & Arkwright advised Principality on the move.

The new branch is situated in the centre of the thriving shopping area in Newport and has features including a self-serve refreshment area, free Wi-Fi and a space where children can learn basic financial skills via interactive games. A programme to refurbish ten more branches across Wales...

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Changing demands in industrial sector not reflected in supply chain

The industrial sector in the UK would appear to be growing, with the Q3 2017 RICS UK Commercial Property Market Survey showing that tenant demand has increased strongly across industrial space, despite falling across other areas such as the retail sector.

The strong demand has been partly fuelled by alternative occupiers in the industrial sector, with tenants attracted by the possibility of ...

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Surge in new lettings brings merlin's walk to full occupancy

Joint agents Cooke &Arkwright and Jackson Criss have announced multiple new lettings at Merlin’s Walk shopping centre in Carmarthen, bringing it to full occupancy.

Merlin’s Walk owner, NewRiver REIT plc has worked over the past two years to attract a mix of occupiers ...

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Good news for Welsh ratepayers as Welsh Government confirms business rates switch to CPI

The Finance Secretary, Mark Drakeford, has announced an extra £9m and £22m will be allocated in the final Budget in 2018-19 and 2019-20 respectively, to support the switch from RPI to CPI for business rates in Wales from April 2018.

Phillip Hammond confirmed in the Autumn Statement the switch in England from the retail price index (RPI) measure of inflation to the lower consumer price index (CPI) would come in to effect on 1st April 2018, two years earlier than expected.   CPI has traditionally almost always been lower than RPI, so is seen as a fairer index.


£3,000 raised for children's cancer charity

Cooke & Arkwright’s chosen charity for 2016 and 2017 was LATCH, the Welsh Children’s Cancer Charity. We are proud to have raised £3,000 over two years for this fantastic charity, which supports children receiving treatment for cancer across Wales, from Chepstow to Aberystwyth.

It provides families with on-site accommodation at the hospital whilst their child undergoes ...

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Merry Christmas and a happy new year from Wales

Thank you to all our clients and people we do business with. From all the staff in Cooke & Arkwright, we would like to wish everyone a happy, healthy, peaceful and prosperous new year. 
We look forward to working with you in 2018.

We are proud to operate throughout the UK from Wales - which has been named
one of the best places in the world to visit in 2018 by The Rough Guide!

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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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