Former South Bristol brewery snapped up as firm quenches thirst for overlooked development sites

June 3, 2016
By

The Old Brewery in Southville – home to a mix of short-term let warehousing and workshop space – has been bought by Change Real Estate, the firm behind some of Bristol’s most ambitious redevelopment projects.

The Kent-based company acquired the freehold of a 1.17-acre multi-let site from a private family trust.

The firm specialises in mixed-used scheme, especially difficult or complex projects that have failed to gain planning consent or face contamination or access issues.

It is currently working on a multi-million pound, mixed-use regeneration at Redcliff Quarter and is also taking one of Bristol’s most iconic Georgian terraces, Redcliffe Parade West, back to its original residential use.

The Old Brewery is on the site of the old Ashton Gate Brewery and Thomas Baynton’s Brewery, which started making beer in the 1820s. It has dual access from North Street and Baynton Road.

Change Real Estate director Ron Persaud said: “The Old Brewery is located in a buzzing part of Bristol, but the properties and infrastructure on the site have not been invested in to any great extent for many years.

“As a company, we look to take on sites that we can make a real difference to – I believe we can greatly enhance the potential of the Old Brewery and will be assessing its long-term opportunities over the next few months.”

Change Real Estate was represented by Ross Kieran at Ocean in the acquisition. Alex Riddell at Bilfinger GVA represented the vendor.

 

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