Real estate services firm, DTZ has secured a letting at Templegate Park in Bristol to a new renewables venture.
Templegate Renewables Limited has been launched by the owners of wholesale electrical distributor, Templegate Electrical Supplies Limited, which is already based at the estate. The company has taken Unit 4C which comprises a 7,171 sq ft warehouse / trade counter unit on a 10 year lease. The unit includes two storey offices and a large forecourt.
DTZ, part of UGL Services, acted for DTZ Investment Management on behalf of a client. The entire estate is managed by DTZ, who also project managed refurbishment works as part of the letting.
Templegate Park is located just off the A4 Bath Road, close to Temple Meads rail station in the city centre.
Phil Cranstone, Senior Surveyor in DTZ’s industrial agency commented: “Templegate Electrical Supplies has been based at the estate for a number of years and was keen to secure further space for their expansion into the renewables market. Unit 4C proved to be the ideal option.”
Glyn Bailey at Templegate Renewables added: “Templegate Park has been a great location for our electrical supplies business and we are excited to be driving forward our new venture into the renewables market at the estate.”
There is one unit remaining on the park, which has proved popular due to its central but accessible location. Unit 4A, comprising 7,224 sq ft is available on a new lease.
