In one of the biggest lettings in Clevedon for several years, Bilfinger GVA has just completed the letting of Building 1 Rivermead Court.
Cablecom Networking Ltd, who are expanding from nearby Windmill Business Park, are taking the modern self-contained office building of 18,630 sq ft, on a new 10 year lease, at a rent of £13.50 psf.
An established high quality office development, Rivermead Court is located at the entrance to Kenn Business Park on Kenn Road, Clevedon, and benefits from excellent access to the M5 and local amenities.
The development comprises two office buildings and just one vacant floor now remains within Building 2 following a recent letting to Edwards Group. The remaining space is at first floor level and offers an open plan suite of 4,742 sq ft.
Richard Kidd, Director at Bilfinger GVA in Bristol comments, “Clevedon and Portishead are becoming increasingly popular for SMEs who are looking for good quality, cost effective space to grow their business, especially if access to the motorway is an important consideration. As a result, we’ve seen take-up rise over recent months, with this significant letting to Cablecom Networking reflecting this trend.”
Bilfinger GVA acted jointly with Knight Frank for the landlord, Shelborn Asset Management. Cablecom Networking was represented by Sisman Property Consultants.