A string of recent transactions at an Almondsbury business park has resulted in 85% of the office space being let or under offer.
Brotherswood Court in Almondsbury, provides 61,000 sq ft of high quality office accommodation. It was developed in the early 1990s from three farm buildings and now comprises eight separate office buildings housed within an attractive and mature landscaped area. The office buildings, together with a restaurant, create an interesting and attractive alternative to more traditional office parks. It is located near to the M4 and M5 providing excellent transport links.
Since the acquisition by M7 Real Estate in 2016, a number of recent lettings has resulted in Brotherswood Court now being 85% let or under offer.
Regus has just completed a deal to take 13,621 sq ft in Redwood House, meaning that this building is now fully let. Regus are offering smaller starter suites to sub-tenants.
The first floor of Willow House is now also fully let with Schade Lagertechnik expanding across the entire first floor, doubling the amount of space they occupy. Opus Land has also recently committed to a new long term lease in Willow House.
Daikin has agreed a new long term lease in Maple House for 6,027sq ft.
Birch House (3,762 sq ft) has been put under offer on a long leasehold basis, leaving Cedar House (5,993 sq ft) and Laurel House (3,876 sq ft) available either for sale as a whole or for lease either as a whole or in part.
James Chasen, Asset Manager for M7 Real Estate, says, “We have eight separate office buildings which all have their own unique character set within a landscaped business environment. We’re happy to agree flexible terms with tenants who wish to join the existing businesses who already enjoy the location and facilities here at Brotherswood Court.”
Alex Riddell from GVA, joint agent on Brotherswood Court with Burston Cook, comments, “This is a sensitively designed office development that retains many of its farmhouse origins within its character. Located close to the M4 and M5, its strategic location for businesses who need to be close to transport connections, with excellent parking ratios, couldn’t be better.”
