Tue, 13 Mar 2012 | COMMERCIAL PROPERTY
A 1.77-acre site in Bristol’s Temple Quarter Enterprise Zone has been sold, according to reports.
According to Insider Media Ltd, the industrial site in St Philips was sold by Colliers International to an unnamed buyer represented by DTZ. It is understood that the site was sold for £610,000.
At the moment, the site is leased to Deborah Services on a five-year contract. It includes 10,000 sq ft of office and warehouse space and is situated close to the Feeder Canal.
The St Philips area is popular with car dealerships and industrial and trade businesses - it is home to firms such as Brandon Tool Hire, Speedy Hire, U-Drive, Mitsubishi and Kia Motors..
Insider Media Ltd quotes Richard Coombs, investment director at Colliers, as saying, "The marketing generated a significant amount of interest from local buyers and we are delighted to have completed the sale at asking terms."
Nick More, development specialist at Colliers International, said, "There is plenty of scope for future development at the Silverthorne Lane site given the fact there is presently very low site coverage.”
He added, "In addition the site falls within the Temple Quarter Enterprise Zone and could benefit from future plans to regenerate the area for a creative and technology hub."
Provides consultancy services across a diverse range of engineering disciplines, including civil, structural and environmental. Proven expertise in delivering complex building works professionally and efficiently. Experience in the construction of sp...
LEASEHOLD
Provides a multi-disciplined architectural and surveying service. Examples of the services offered include: architectural design, project management, construction monitoring, contract administration and building surveying. Caters to a regional client...
LEASEHOLD
Supplies expert shopfitting services to retail clients across the UK. Offers a comprehensive, concept to completion service, and consistently delivers a high level of craftspersonship. The entirety of business is derived from repeat clients, highligh...
FREEHOLD
|
30
|
|
Nov
|
Fashion designer Roland Mouret falls into administration | ADMINISTRATION
High-end fashion brand Roland Mouret has fallen into adminis...
|
30
|
|
Nov
|
Sykes further expands portfolio with Northumberland acquisition | BUSINESS SALE
Sykes Holiday Cottages has added another 500 properties to i...
|
29
|
|
Nov
|
Hammerson in talks over cut-price Silverburn sale | COMMERCIAL PROPERTY
Retail property firm Hammerson is in talks over a potential ...
Sign up to receive our acquisition alert emails to get your FREE guide
|
30
|
|
Nov
|
Sykes further expands portfolio with Northumberland acquisition | BUSINESS SALE
Sykes Holiday Cottages has added another 500 properties to i...
|
30
|
|
Nov
|
Fashion designer Roland Mouret falls into administration | ADMINISTRATION
High-end fashion brand Roland Mouret has fallen into adminis...
|
29
|
|
Nov
|
Company behind £800m new town project falls into administration | ADMINISTRATION
Countesswells Development Limited (CDL), a company behind th...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources