Two South Bristol industrial estates have been acquired by new owners.
South Liberty Lane and Brookgate Industrial Estates, which lie three miles south of the city centre off the A3029 Winterstoke Road, have been purchased by Rockspring Property Investment Managements LLP on behalf of Cheshire West and Chester Council Pension Fund, which plan to invest in refurbishment improvements. Rockspring was advised by Caisson Investment Management.
The two estates provide the market with over 300,000 sq ft of warehousing and industrial space over 34 units. The estates are perfectly poised for the new South Bristol Link Road, which will improve the estate access in both directions.
The new owners have appointed Knight Frank and Russell Property Consultants to market vacant space on the estates.
Russell Crofts, who heads the Industrial Team at Knight Frank in Bristol, said: “The construction of the new link road around the south of Bristol by the end of the year will create even better access from the two industrial estates onto the Ring Road and subsequently Bristol International Airport, the Portway and the M5. The two estates will have an unrivalled location in South Bristol.”
Rob Russell of Russell Property Consultants added: “The landlord’s refurbishment programme will make available units an attractive option and the estates will tick all the boxes for trade counter, distribution and light industrial/manufacturing companies.”
The estates have two units currently vacant. Unit 6 Brookgate, providing 5,403 sq ft, and Unit 103 South Liberty Lane, comprising 8,326 sq ft, are available to lease. Both units are to undergo full refurbishment programmes. Further information is available from Knight Frank or Russell Property Consultants.
