Justice is served

Cardiff based Deryn Properties (Investments) recently completed a 25,000 sq ft office and court development for Her Majesty’s Court Services at Harbourside Port Talbot.  This BREEM excellent rated premises, designed by award winning architects RIO Architects, provides a new Magistrates Court, Tribunal Centre and also office accommodation for the HMCS central fines department.  It has since won the Courts category of the BREEM Awards Wales 2011.

Designed and arranged over two floors, the building is one of the first developments to be brought forward to the south of the railway line in Port Talbot in the area earmarked for extensive urban regeneration by Neath Port Talbot Borough Council, now known as ‘Harbourside’.  This urban regeneration initiative is being driven by NPTBC and the Welsh Assembly Government and is anticipated to include a mixture of residential, commercial, retail, leisure and sports facilities.

Cooke & Arkwright provided development advice to Deryn Properties, which was able to obtain development funding from Principality Commercial, a division of the Principality Building Society.  Alder King (Cardiff office) represented HMCS. 

Graham Davies of Cooke & Arkwright’s Investment agency brokered the sale of the completed investment to Keills Fund Managers.  He said, “This is a fantastic example of various parties working together for the common good.  The co-ordinated involvement of the Welsh Assembly Government, Neath Port Talbot Borough Council and Principality Commercial, allowed Deryn Properties to create a first class property.  The building is a real landmark development in the on-going urban regeneration plans for Port Talbot.  What this does show, is with the right quality building and tenant there is still strong demand for investment opportunities in South Wales.”