An office building on Portishead’s Gordano Gate Business Park has been sold to a private investor for £600,000 in a deal handled by the Bristol offices of property consultants Alder King and Savills. The detached 7,700 sq ft office building is let on a 10-year lease, which started on...
Businesses have welcomed the approval of plans to build the long-delayed South Bristol Link Road, saying the move will deliver a major boost to the economy of the city’s ‘poor relation’. Councillors on North Somerset’s planning committee last night gave the scheme the green light. However, it still has...
Property agency Knight Frank has promoted Nick Snowden to partner in its recently-formed residential valuation, investment & development national division, which is based in its Bristol office. The move is in response to a period of sustained recovery in the residential development market and the re-emerging mixed-use development market....
Plans to build a long-hoped-for cinema and restaurant complex in Yate have moved closer to becoming a reality this week with the town’s shopping centre owners lodging an application for the development to South Gloucestershire Council. The £12m scheme would create 150 jobs during construction and up to a...
From Bristol 24-7 www.bristol247.com The Government has finally given the go-ahead for the rapid MetroBus scheme in South Bristol, linking Ashton Vale with the city centre and Temple Meads. Some 18 months after a public inquiry was held, and with no sign of the report from the independent inspector,...
Business West, the organisation that runs Bristol Chamber of Commerce, is backing the South Bristol Link Road scheme ahead of a council meeting today which could decide in its fate. The application for the project – which Business West believes is for economic growth and would help regenerate the...
The Bristol office of property advisers CBRE has appointed Rebecca Maddison as a graduate surveyor – one of 30 graduates recruited nationally by the firm as part of its in-house two-year training programme. Rebecca recently graduated from Northumbria University with a first-class honours degree in Estate Management. During her...
Global cleaning equipment brand Kärcher has acquired a 7,404 sq ft unit St Phillips Causeway in Bristol – its first retail unit in the UK. The German-owned firm has taken the building, on a half-acre site, on a sublease until 2026 with a commencing rate of £75,000 per year....
Fast-growing specialist internet and digital media services provider CableCom is preparing for further expansion following its acquisition earlier this week. Independent private equity house Inflexion paid an undisclosed amount for the firm, based near Clevedon, providing an exit for owners ISIS Equity Partners and its management. They had acquired...
Retailers in Bristol’s Broadmead shopping centre have voted in favour of a Business Improvement District (BID) scheme for a third time. Nearly three quarters of Broadmead businesses taking part in the ballot, including those in The Galleries shopping mall, approved the BID, which means paying an extra levy on...
Major South West transport company Gregory Distribution has relocated its Bristol warehouse operations to a recently-refurbished industrial unit on the Patchway Trading Estate, north Bristol. In a move seen as further proof of market confidence, Devon-based Gregory has taken the 41,470 sq ft building – One Highwood Road –...
Further evidence of a marked improvement in Bristol’s commercial property market emerged today with a report showing that 2013 is on course to far exceed the city’s five-year average annual take up of office space. The research from leading property agent Jones Lang LaSalle shows that, so far this...
A four-company consortium led by Yate-based building group ERH has retained its a place on a regional construction framework agreement covering projects valued at £1m-plus. The Builders Consortium South West (BCSW) was formed in 2009 to compete on the first phase of the Construction Framework South West. It is...
