Richardsons Capital and Curtis Hall have acquired a prime 6.15 acre industrial development site at Western Approach, Bristol from IDI Gazeley.
Western Approach is one of the most popular industrial locations in the South West and is close to the M4/M5 motorways. High profile occupiers including GKN, Royal Mail, Next and Warburtons.
Neil Curtis from Curtis Hall said: “We are very excited about this rare off-market opportunity to buy a development site in a prime Bristol location. Our research suggests there is a very limited pipeline of high quality warehousing to meet the number of requirements in the current market and therefore we feel confident in pursuing a speculative strategy in this location.”
Cushman and Wakefield and Russell Property Consultants have been appointed as letting agents on the scheme. Richardsons and Curtis Hall were advised by Stonehill Partners on this acquisition.