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Wales Project Offers Many Commercial Relocation Lessons

By John Parkinson

You have a small company looking at relocating to accommodate future expansion. Should you build your own building? Should you look for a commercial lease instead? Or perhaps you should consider getting on board with a new development project intended to revitalise the centre of your town. What do you do?

These are the kinds of things that I specialise in. Through a range of commercial relocation services, I help companies identify and secure the new space they are looking for. I walk them through each step of the commercial relocation process to ensure a smooth transition with little to no loss of productivity.

I can tell you that the scenario described in my introduction is almost universal. Commercial relocation is never easy, and just trying to figure out what direction to go in can be a challenge. As a case in point, let us look at a new development project just getting under way in Wales. It is the Central Quay project in Cardiff.

Biggest Regeneration Scheme Ever

According to Wales Online, the Central Quay project is the “biggest regeneration scheme ever seen in Wales.” When all is said and done, the Central Quay area may be expanded by up to 14 acres. New development will include:

  • 1,000 apartments
  • 50 eating and drinking establishments
  • 1.5 million square feet of new office space
  • 300,000 square feet of university space
  • 650 new parking spaces (multi-story car park).

The centrepiece of this project is the land on which it sits. That land, once owned by the Brains Brewery, will keep the historic original 19th-century brew house as its backdrop. SA Brain & Company will be moving to a new site in Cardiff Bay in 2019.

Decisions, Decisions, More Decisions

As you can see from this brief description, SA Brain & Company had to make some decisions about their property. They could have stayed and redeveloped it themselves. Yet they decided to leave the property and move to a new location instead. Their choice is opening up development of a valuable piece of property that will eventually become one of Cardiff’s most sought-after areas.

You might find yourself facing similar decisions either now or in the future. Do you stay where you are, or do you move to a new location? If you decide to move, would you like your company to be part of a major regeneration project like Cardiff’s Central Quay?

It really boils down to your goals and resources. That is why you need the professional commercial relocation services that I offer. I can help you make sense of it all before you make decisions that you might regret later.

I can help you understand whether it is best to build, lease, or redevelop your own property. Should you decide to move, I can help you locate the ideal space. I can, and will, guide you through every step of the relocation process so that your company comes out ahead.

Sources:

Wales Online – https://www.walesonline.co.uk/business/commercial-property/stunning-ambitious-plans-cardiffs-brains-14315868

By John Parkinson.

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