High-quality refurb at office scheme proves recipe for success in attracting Japanese food firm

July 21, 2017
By

Japanese food tech firm Cookpad is to open its first UK base in Bristol, taking space in the high-quality Silversmiths office scheme that forms part of the largescale Glassfields development on Temple Way.

Cookpad is Japan’s largest recipe sharing service which allows visitors to upload and search through original, user-created recipes. 

It has exchanged contracts with developer Royal London Asset Management (RLAM) to take sole occupancy of 7,338 sq ft at Silversmiths, pictured, on Broad Plain.

As a result, RLAM is now speculatively refurbishing and remodelling the neighbouring Goldsmiths building.

According to joint letting agents JLL and Knight Frank interest in Goldsmiths is high and early indications are that the 10,598 sq ft of office space will be snapped up.

Refurbishment work on the building, which has office accommodation available ranging in size from 1,707 sq ft to 11,370 sq ft, is due for completion at the end of this month.

Cookpad will occupy the ground and two upper floors on a 10-year lease at Silversmiths.

The lease was secured following complete refurbishment and fit out by RLAM of the building.

RLAM head of property Gareth Dickinson said: “We are delighted to secure a single occupier for the building so soon after practical completion of the refurbishment programme.

“Silversmiths has proved to be a hugely popular location and will form part of the wider development of Glassfields, where it is our vision to create an innovative mixed-used scheme of the highest quality unlike anything seen elsewhere in Bristol.”

JLL associate director Steve Lane added: “Securing the lease at this stage justifies RLAM’s commitment to undertake the refurbishment of this kind in the city to provide high quality and adaptable space to the Bristol office market.”

Knight Frank partner Martin Booth said: “The early success of Silversmiths prompted RLAM to drive ahead with their investment plans in Bristol.”

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