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Contents In This Issue Featuring Wales and The South West Regional news 4-7


Wales & The South West 2020 Annual Survey


Cardiff City Council Ynys Mon Council


Cover Story -


North Wales Business park Denbighshire Council Lambert Smith Hampton Milford Haven Port Authority Pembrokeshire Council Neath Port Talbot Council Rombourne, Wales News BP2 Property


Chris Sutton Consulting Cardiff Capital Region Garrison Barclay Estates Alder King, M7RE, Savills Capital Law


Caerphilly Council


Brinsons, Fletcher Morgan Newport Council Torfaen Council Knight Frank,


o.pdf 1 27/09/2019 10:34


Savills, Swansea Bay City Deal Hodge Bank,


8-9


10 11


12-13 14 15


16-17 18-19 20 21 22 23


24 25 26 27 28 29


Bruton Knowles, Wales News UK Steel Enterprise (UKSE) Vantage Point


30-31 32-33 34


35 Business Village, Kurt Wyman 36-37 Gloucester


John Ryde Commercial, IPIF Rokeby Developments


Tewkesbury Council,


KBW properties Ash & Co Cubex


Chancerygate CEG


Bristol News Ashville Group St Modwen


38 39


40


41 42 43 44 45


Goadsby Commercial Mendip Council


Taunton Council Stephen & Co


West Somerset and South West news


Bridgwater Gateway Business Park Torridge Council


Bettesworths, Waycots Kier


Vickery Holman Car Test


Huw Thomas Commercial Kenningtons,


Industrial and Logistics Smethurst Property BCP Council,


46-47 48-49


50 51


52 53


54 55 56 57


58 59 60 61 63


The front cover this issue is Cardiff City Council whose schemes and project are highlighted on pages 8-9.


There are four pages of regional news from page 4 to page 7.


The main survey focus is Wales and The South West region introduced by Cardiff City Council as the Cover Story on pages 8-9.


Ynys Mon Council (isle of Anglesey) are highlighting Penrhos Business Units, Holyhead on page 10. Followed by North Wales Business Park update on pages 11.


Commercial property opportunities are continuing to grow in Denbighshire with new developments adjacent to the St Asaph Business Park see pages 13-14. Swansea, a city on the verge of major changes reports Jason Thorne LSH on page 14.


Milford Waterfront, Milford Haven is highlighted on page 15. Pembrokeshire – More than a holiday destination on pages 16-17. Neath Port Talbot Council recently acquired Neath’s iconic ‘Metal Box’ site which is currently being refurbished with the aid of grant funding from the Welsh Government’s Targeted Regeneration Investment programme see pages 18-19.


As featured on the inside front cover Hodge’s new head of development finance, Gareth Davies, explains why flexibility and great client relationships are key to the specialist lender’s plans for 2020 on page23.


The Cardiff Capital Region City Deal (CCRCD) is growing, maturing and beginning to scale outcomes see page 24. Capital Law are building a culture of collaboration on page 27.


The Lawns Industrial Estate – South East Wales. A trio of industrial buildings set to bring new businesses to Rhymney in the County Borough of Caerphilly on page 28. Choose Newport for Business Growth and Development see page 30-31. Cwmbran’s Springboard Business Innovation Centre proves ideal home for high tech start-ups on pages 32-33. Ebbw Vale Innovation Centre (EVIC) has enjoyed another successful year, welcoming new tenants and continuing to contribute to the local economy see UKSE page 35.


Kurt Wyman reports that Vantage Point Business Village is expanding and Gloucestershire town centres are fighting back see pages 36-37.


Rokeby are Building on Success at Bakers Quay Gloucester see page 39.


Editor: Linda Bonney-Doyle Office Manager: Poppy Michelson IT Production: Alex Kennedy Advertisement Features Director: Kevin Phillips


• • • •


Motoring Editor: Kevin Gunns Subscriptions: James Ludlow Published by: CPM Consulting Design & Typesetting: Black Knight Media


The publisher does not necessarily agree with the views and opinions expressed by contributors No material may be produced in part or whole without written permission from the publisher Editorial contributions are accepted on an all rights reserved basis only


While due care is taken to ensure the accuracy of information in this magazine, the publisher cannot be held responsible for any errors in editorial articles or advertisements


Commercial Property Monthly


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Garden Town makes progress as Ashchurch bridge project begins - see Tewkesbury Council page 40. Gloucestershire commercial property update from Simon Mckeag at Ash & Co on page 41.Chancerygate and KBW are highlighting Scheme on page 43.


Ashville Group have carved out a niche see pages 46-47.


St. Modwen Industrial & Logistics has over.573,500 sq ft of developments and land throughout the South West and Wales see pages 48-49. Swindon Commercial Property Market Review see Smethurst Property page 50.Mendip Council are Reimagining Places and Spaces in Somerset on page 52. As a new Council, Somerset West and Taunton is very ambitious in delivering against its Garden Town growth see page 53. Torridge - a great place to live and work on page 58


COMMERCIAL PROPERTY MONTHLY 2020 3


their Cheltenham


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