The 114,000 sq ft, landmark, five-storey blue glass Spectrum office, which fronts Bond Street and the Cabot Circus development, has recently been bought by West Register and is now being managed by RBS’s Real Estate Asset Management team.
The building which had suffered a lack of investment during the economic down turn has been given a new lease of life with a £1,200,000 comprehensive refurbishment.
Joint letting agents Knight Frank and JLL are marketing the remaining space in the building offering suites from 3,800 sq ft – 63,600 sq ft with a quoting rent of £12.50 per sq ft.
Andy Smith of Knight Frank said: “The landlord is investing to bring the building bang up to date, with refreshed common areas, WC’s and the construction of a new basement shower block. In addition to the freshening up of the common areas West Register are also refurbishing the vacant office space and comprehensively upgrading the air conditioning system.”
Steve Lane of JLL commented: “With its striking appearance, regular functional floorplates and great location, Spectrum will compete with city centre office buildings commanding much higher rents but at a fraction of that cost.”
Lawrence Escott, senior asset manager at West Register, said: “West Register has invested considerable resource to modernise the building and preserve Spectrum’s position in the Bristol market for years to come. We look forward to working with Knight Frank and JLL to attract new tenants whilst continuing to retain those already housed at Spectrum.”