Clwyd Developments Limited

In 2002 after Clwyd Transport Services Ltd had been trading for a number of years it was decided to separate the main trading business from the property side and Clwyd Developments Ltd was set up.

The company trades as a property management company and owns property which it rents out. Currently its property portfolio consists of office buildings in Wrexham, occupying prime sites on Grosvenor Road, Regent Street and on the Industrial Estate.

These are all capable of multi use occupancy for use as general offices or by service businesses. The company does not own any industrial or retail property and so has not experienced the problems currently experienced by so many property companies. We currently have 100% occupancy with properties let out to a variety of commercial and institutional clients.

In the last few years we have expanded into the residential market with the purchase of two apartments in a new development in Llangollen and a prestige apartment in a converted historic naval warehouse on the Portsmouth waterfront. Again all these are fully let and yielding commercial rents.

This company is separately managed and therefore does not distract from the main commercial operation, while at the same time providing a financially sound part of the overall Clwyd family.