Monthly Archives: November 2011
Warehouse buildings to let in Bristol benefit from green light given to major transport schemes
30.11.2011
Two major transport schemes for Bristol were announced today by Chancellor George Osborne as part of his Autumn Statement.
The £50m Ashton Vale to Temple Meads link and the £45m South Bristol link which are both badly needed form part of a three-year £5bn package of 500-plus infrastructure schemes unveiled by the Chancellor.
This green light is excellent news for warehouse and distribution premises as it will encourage investors and businesses to move to the area as the transport possibilities are widened. Increasing the demand for buildings which are already greatly sought after.
Bristol City Council is confident a third scheme, linking the North Fringe with Hengrove, will be approved later this year along with other schemes in Weston and Bath.
Cllr Tim Kent, the city council’s executive member for transport, said the schemes would promote Bristol to the ‘big league’ of cities.
The Ashton Vale to Temple Meads Line will be funded by £35m from the Department for Transport and £15m from Bristol city council and a third party. Construction work could start in June 2013 and finish by July 2015.
The South Bristol Link will be funded with £28 million from the Department of Transport, with £17m from Bristol City Council and a third party. Construction is likely to start in May 2014 and finish in May 2016.
“Bristol is about to enter the big leagues with the kind of public transport network that attracts new players and unlocks new areas for improvement and growth, which is powerful news for local business and local people. It also demonstrates the strength of our cross council working.”
The future is looking bright for manufacturing and warehouses premises as new investors and businesses move in.
Source: Bristol Business News
Win an incredible Fortnum and Mason Christmas hamper worth £275
21.11.2011
The festive season will soon be upon us and as the temperature drops and the jingle of bells increase Central Park are offering the opportunity to enter a competition to win a Christmas hamper worth £275.
By simply answering the following question the chance of winning this incredible hamper from Fortnum and Mason could be yours.
“What is the size of the proposed building for our first pre-let to Chep?”
The answer is hiding on the Central Park website waiting to be uncovered and bring seasonal cheer to the lucky winner.
Spiced fruit chutney, coffee fit for the three kings, Christmas pudding Maderia and rum butter are just some of the festive luxuries that can be found in the hamper. With a hamper stuffed full of Christmas cheer we have had to take precautions and ban all emailers to Father Christmas for fear he will not make his rounds on the 24th if he were to win!
Please email your answer and contact details to hamper@centralparkbristol.co.uk for the chance of winning a hamper that’s so amazing it wouldn’t fit in your stocking.
Closing date: 2nd December 2011.
From all of us at Central Park good luck and many a seasonal wish to you all.
Distribution premises to let in Avonmouth remain in high demand
10.11.2011
Pegasus Planning Group, a leading nation consultancy group has relocated to North Bristol.
This move illustrates the demand for space in and around the Bristol area. Pegasus has signed a 10-year deal for 4,150 sq ft of space in the South Wing of the complex.
Offices space and warehouse and distribution premises in the area will be please to hear that manufacturing and office space is still in high demand with new investors hunting in the vicinity. Moves such as that of Pegasus Planning Group help boost the economic moral of local businesses and residents, as well as helping to bring in outside investors.
Commercial property specialist Colliers International’s Richard Wright said: “There is continued demand for good quality space and with the number of viewings increasing in North Bristol, we expect to see some positive take-up in the fourth quarter.”
As investors remain interested distribution premises to let in Avonmouth remain in high demand.
Source: Bristol Business News
Central Park Secures First Occupier – CHEP
07.11.2011
Central Park, Bristol, is pleased to announce its first pre-let to CHEP UK Limited for a new pallet distribution facility of 50,000 square feet. The lease is for a 15 year term, with annualized rent increases in line with RPI.
The facility will be operational in the second quarter of 2012; construction will commence in the first part of September 2011. The CHEP deal justifies the significant infrastructure works that the landowner, represented by Delta Properties, has prepared on site over the last couple of years.
Michael Shebson of Delta Properties told us, “We are delighted to have secured our first pre-let at Central Park and are pleased to have timed our infrastructure works so well to serve an increasing occupier demand in the South West. CHEP UK is a solid, established company and fits well with the image that Central Park is creating. We look forward to further occupiers capitalizing on our ability to deliver buildings in such short time-frames”.
CHEP issues, collects, conditions and reissues more than 300 million pallets and containers from a global network of service centres, helping retailers, manufacturers and growers transport their products through the supply chain, everyday. In the UK, CHEP manages a pool in excess of 25 million pallets across its nationwide network of 18 strategically located Service Centres. CHEP UK chose Central Park as a regional distribution location to complete its network of operations.
Kevin Galvin of CHEP UK said, “We are very happy to have secured our south west facility at what will be the landmark scheme in the region and look forward to working with the owners of Central Park going forward”.
Goodman UK Logistics, led by Senior Development Director Charles Crossland, will manage the development on the landowner’s behalf, having recently built CHEP UK’s similar facility in Hoddesdon.
Recent News
Warehouses in Bristol boosted as Fulton Boiler Works expand into new manufacturing base
13/06/2013
Bristol-based Fulton Boiler Works, which manufactures steam, hot water and thermal fluid heat transfer products, has acquired the freehold of 5 Fernhurst Road in Fishponds, Bristol to facilitate its expansion. The company, which has been based at Broomhill Road in Brislington for the past 26 years, has secured one of the few quality warehouse buildings [...]
Warehouse premises in Western Approach Bristol could benefit from West of England Growth Fund
06/06/2013
A Bristol business leader has given his backing to an ambitious campaign which aims to kick-start growth in the economy in the area. The West of England Local Enterprise Partnership has launched the Going for Growth campaign with the help of a £25 million grant from the Regional Growth Fund and the Bristol Post is [...]
Distribution premises in Western Approach Avonmouth taken by Chep leaves former site open for Hewden
31/05/2013
Plant and equipment hire business Hewden has taken part of the former Chep site in Avonmouth. Hewden has signed a ten-year lease on the property at a rent of £150,000 per year. The property has 22,082 sq ft of office and production space in two buildings on a 2.2 acre site. The business plans to [...]
Bristol rail freight terminal summer barbecue competition winner announced
29/05/2013
The winner of our summer sizzler competition is Roland Browning of Trilogie CRE. So congratulations Roland from all of us here at Central Park. Thank you to all 103 who entered, the answer is the Seven Beach Line. So let’s hope its a hot summer so Roland can enjoy sizzling his sausages.
Manufacturing premises in Avonmouth hots up with Bloodhound Supersonic Car’s move
23/05/2013
The Bristol-based project to develop a 1,000 mph car that will attempt the world land speed record in South Africa in 2015 is to move into larger premises on an industrial estate in Avonmouth. The Bloodhound SSC Project has taken a flexible five-year lease on Unit 3 Avonbridge Trading Estate on Atlantic Way, Avonmouth. The [...]
Distribution premises in Bristol would greatly benefit from Deep Sea Container Terminal
16/05/2013
Avonmouth’s long-awaited Deep Sea Container Terminal should be pushed to the front of the pack of strategic transport initiatives in the South West, according to Bristol-based property specialists. Colliers International forecasts the continued growth in container shipping passing through Europe’s ports is set to outstrip overall economic growth for the foreseeable future. Meanwhile, Tim Davies [...]
Manufacturing premises in Bristol is flying ahead with Airbus’s new order from British Airways group
02/05/2013
Aerospace giant Airbus has signed an agreement to sell up to 36 of its new A350 aircraft to British Airways owner International Airline Group (IAG). The group, which also owns Iberia, has signed a Memorandum of Understanding (MoU) to buy 18 A350-1000s and taken out options on a further 18 options, as part of the [...]
Warehouse premises in Avonmouth under pressure as shown by ABUS’s latest letting
25/04/2013
The pressure on industrial space is also shown by the latest letting at Croudace’s Third Way Corner, Avonmouth to ABUS which means the estate is now full. The unit has been leased through DTZ and Jones Lang LaSalle (JLL) while the former occupier, BRT Bearings, moved to another unit on the park. DTZ’s Philip Cranstone [...]
Manufacturing in Bristol leads the way with Siemens’s Marine Current Turbines
18/04/2013
Edward Davey, secretary of state for Energy and Climate Change praised Siemens for its investment in innovative marine technologies at the opening of its new testing and assembly facility in Bristol. The new 25,000 square feet facility will be the base for the development of next- generation drive trains used in SeaGen – the world’s [...]
Distribution buildings around Bristol in big demand according to Jones Lang LaSalle
10/04/2013
The South West is one of only two UK regions to record growth in the industrial property sector last year, according to the latest report by agent Jones Lang LaSalle. The research shows take-up of industrial and distribution floorspace increased by 2% across the region – much of it driven by growing demand for large [...]
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