Bristol’s planned Enterprise Zone should include homes as well as offices and studios if it is to succeed in bringing new jobs to the city, a property expert claims. The 173-acre Enterprise Zone is expected to create 17,000 jobs in 400 businesses over 25 years, with an emphasis on...
Bristol is suffering from a shortage of large distribution buildings following the letting of one of the last major warehouses in the city, according to property experts. Distribution firm JJ Food Service has taken a 35,000 sq ft unit at the Cobden Centre at Emersons Green as part of...
Demand for offices of less than 5,000 sq ft in and around Bristol has increased so far this year, defying both the wider economic gloom and the downturn in the commercial property market. Research by property agents Colliers International’s Bristol office shows smaller businesses taking advantage of high stock...
Brabazon Office Park in Filton has attracted three new occupiers. Joint agents BNP Paribas and Alder King Property Consultants have let Unit Three – a 2,482 sq ft office – to Third Dimension Software on a new 10-year lease at a rent of £15.50 per sq ft. The company...
Property consultancy GVA, which has a regional office in Bristol, has been ranked as the largest supplier of services to the public sector with a 44% market share. The figure, for 2010/11, has been released by the Government Procurement Service (formally Buying Solutions). GVA’s Bristol office provides a range...
Brandon Hire, the Bristol-based tool hire firm, has appointed property adviser GVA to provide property portfolio management services for its national network of 170 branches. GVA, which has an office in Bristol, will be responsible for property data management, maintaining all property and lease records, dilapidations advice with landlords,...
Investors are being sought to help kick start a mixed-use development scheme on brownfield land with nearly 200 apartments and commercial space. The development makes imaginative use of a freehold site once occupied by the Pring & St Hill steel fabrication factory in Malago Road, Bedminster, which closed in 2003...
Gloucestershire County Cricket Club has scaled back its plans for redevelopment of the County Ground in Bihsopston, Bristol. Planning permission to expand the ground was secured last year but the club has decided that for the foreseeable future it will not build stands adjacent to Kennington Avenue, thus reducing capacity...
Colliers International has been appointed joint agents alongside DTZ for the refurbished Pithay building – one of Bristol city centre's biggest office blocks offering some of the largest open-plan floor spaces. The eight-storey building has around 52,000 sq ft of accommodation on offer over five floors including the third...
Colston Tower, the landmark 15-storey office building which dominates Bristol city centre, has been sold by the HSBC Pension Fund for £7.6m to two London-based property development companies. Development Securities, an investment and development company, will have a 75% stake with recently-formed Ellandi holding 25% of the building, which...
Boston Tea Party, the Bristol-based coffee shop chain launched by serial entrepreneur Giles Clarke, has opened its ninth outlet. The group, which started in 1996, has restored and renovated the 700-year-old Grade I-listed former George Inn in Salisbury, creating 20 jobs. Managing director Sam Roberts said: "We are thrilled...
Bristol’s Temple Quarter is already reaping benefits from this month's decision to grant it Enterprise Zone status, according to property agents. Commercial property specialist Simon Price says inquiries for space in award-winning waterfront office building The West Wing off Avon Street have increased since the news was announced. “There...
Now is a good time for commercial property tenants to renegotiate rent and other lease terms, claims Chris Dawson, commercial lease specialist at Colliers’ Bristol office. He said: “When a property lease is approaching its expiry the capital value of the investment diminishes due to uncertainty over the projected income stream. For this reason we...
