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Cardiff
Principality Building Society has purchased the 10,000 sq ft former Daewoo showroom at Valegate Retail Park, Culverhouse Cross from Curo Sterling (Valegate) Limited Partnership for £1.7m, to house the new headquarters of its subsidiary, Peter Alan. The deal, conducted on behalf of Principality by agents Cooke & Arkwright, is part of a £2.4m investment programme which includes significant re-design and refurbishment of the property to adapt it for office purposes. Work
has commenced and Peter Alan expects to open its new headquarters before Christmas.
Cardiff
Acting on behalf of Templar Holdings Ltd, Cooke & Arkwright and Robert Chapman Ltd have let the ground floor at Unit 2 Deryn Court, Wharfdale Road, Pentwyn Cardiff to Bridgecom Networks Ltd.
The premises comprise 782 sq ft and were let at £12,000 pa.