This is Zone has taken 12,500 sq ft of office space at Verve Properties’ newly refurbished Brew House, Bristol, BS2, at £17:50 per sq ft,for a ten year lease. The digital media company, with offices in London and Cologne, has taken two floors at the 25,000 sq ft Grade II listed city centre building on Jacob Street.
Verve has transformed the previously vacant four story building into modern loft style workspace which is suited perfectly to the South West’s burgeoning technology, media and telecoms (TMT) sector. The completed building provides a new ground floor reception and communal areas with impressive wrought iron gated entrance; exposed brickwork walls; raised floors and unique and funky male and female WC’s on each floor.
Ashley Nicholson, Verve director, said: “We have created Shoreditch style office space in the heart of Bristol. We know from the success at our nearby Paintworks development, that the TMT sector does not want the norm, but demands spectacular, attractive and functional: Brew House provides them with that.”
Richard Kidd, director at Bilfinger GVA, joint agents with Alder King on the Brew House, said: “The rent achieved for a refurbished building is a new high for the City. This demonstrates the strength of the TMT sector and that the right tenant is happy to pay for the right space.”
Tom Dugay of Alder King adds: “Verve is well recognised for its quality creative redevelopment of period buildings. This first letting at the Brew House is further evidence of its winning formula.”