Lambert Smith Hampton (LSH) has secured another letting at One The Square, Bristol. Hayes Parsons. Bristol’s largest independent insurance broker has taken 4,085 sq ft on the first floor, committing to a 10-year lease, with a 5-year break clause, at £32.50 per sq ft.
Hayes Parsons becomes the latest addition to a diverse and thriving tenant mix, which includes Alpha Portfolio Management and RSM.
James Woollam, managing director of Hayes Parsons, said: “After significant growth, Hayes Parsons was in need of a new home, and in One The Square we believe we have found the perfect setting for our team, in close proximity to the station which was important for our commitment to the environment and in an area which has social value at its core. We will be in the heart of the business district, and we look forward to welcoming clients and suppliers into our new home. Thank you to Phil Morton of Morton Property Consultants for his help in securing this fantastic space”.
This most recent letting at One The Square leaves only one remaining prime suite of 8,208 sq ft available to let on the first floor.
The building has undergone a substantial refurbishment and capital investment programme under the ownership of landlord, The Canal & River Trust. Notable improvements include a revamped entrance and reception area, which now boast a prominent and welcoming design. Additionally, the introduction of new bike and shower provisions aligns with the expectations of modern occupiers, enhancing the overall tenant experience.
The individual office suites on the first floor have undergone a comprehensive upgrade to offer contemporary, open-plan layouts, contributing to an overall Energy Performance Certificate (EPC) rating of B.
In response to this successful letting, Roxine Foster, Director of Office Advisory at LSH added: “It is great to welcome Hayes Parsons to One The Square, Bristol. The work that we have done to improve the asset is proving successful in attracting new tenants, and Hayes Parsons is the latest to join a strong mix of tenants within the building. The team has worked hard to secure this tenant, and we look forward to letting the remaining suite.”
Lambert Smith Hampton acted jointly with CBRE on behalf of the landlord and Hayes Parsons Insurance Brokers were represented by Morton Property Consultants.
