One of the largest single speculative warehouses to be built in Bristol is nearing practical completion at Horizon38, the new £85 million employment scheme currently being developed in Filton, North Bristol.
Available for occupation within the coming weeks, the new unit is a detached gateway building fronting Gypsy Patch Lane, and at 115,500 sq ft is equivalent to the size of two football pitches. It is being marketed by joint letting agents GVA and JLL on behalf of developer MSF Filton Ltd, a joint venture between St Francis Group and iSec.
Benefitting from a ready labour supply within walking distance, great local transport links and accessibility to the city as well as the motorway networks, Horizon38 sits within the Filton Enterprise Area and is the largest and most significant regeneration project in the South West. As a result of this accessibility, the size and high spec development of the new unit, the warehouse could easily act as a major industrial HQ for a local company, a strategic logistics hub servicing the region, or a facility to expand the neighbouring aerospace industries.
Paul Hobbs of GVA comments, “Unit G2 at Horizon38 is a positive reaction by the developer to a real lack of any quality big shed supply in the Bristol and regional property market. The building is particularly targeted at ‘last mile’ supply chain companies such as Amazon who need to be very close to the customer – an expanding new market known as urban logistics.”
He continues, “A return to good levels of demand combined with a lack of building options outside Avonmouth has led to a serious lack of available floorspace in the region’s industrial stock, leaving occupiers with little or no choice when it comes to relocation or expansion in the traditional employment areas of the city.
“Filton has always been at the hub of Bristol’s economic growth, with its strong aerospace and engineering credentials, this is set to continue as Horizon38 takes shape.”
The new Grade A self-contained detached unit has a height of 12 m, 10 dock level doors and 2 level entry loading doors. The space includes 5,490 sq ft of office space.
One of the first speculative units at Horizon38, a 31,800 sq ft building, has already been let to a global logistics company to serve its expanding aerospace clients locally.
Horizon38 combines industrial and distribution buildings totalling 580,000 sq ft with a further 25 acres of mixed employment space including new offices, trade warehouses, motor trade outlets and a new landmark hotel from Village Urban Resorts
Further phases of new units from 3,000 sq ft will come on stream in early 2018 resulting in a total of 580,000 sq ft of logistics, industrial and trade counter space.
