Activity in the Bristol offices sector continues to pick up with leading chartered surveyors Eddisons Commercial taking 1,427 sq ft in the Pithay in a deal brokered by joint agents Colliers International and DTZ acting on behalf of Fairacre Asset Management.
James Preece from Colliers International’s offices team said Eddisons had agreed to a part let of the second floor on a five year lease.
The eight storey Pithay building dominates the city centre offering flexible and contemporary office accommodation on one of the largest single open plan floor plates in Bristol.
James Preece said: “Our Q1 report underlined a dramatic recovery in the city centre market and this deal is further evidence of the increasing confidence in the sector.
“Once again tenants are looking to maximise flexibility on floor plates of their choosing while demanding quality refurbished accommodation.”
Formerly home to a number of Government departments including the Government Office for the South West, the COI, the Health and Safety Executive and HMRC, the Pithay boasts two reception areas both of which have been extended and refurbished to a high standard.
James Preece added: “The roof and lifts have been replaced and exterior redecorated. The on-site team provide first-rate back up for tenants to ensure the building is well run and provides after-hours access and excellent security.
“There are also a number of attractive smaller suites from around 1,300 sq ft upwards that allow The Pithay to accommodate businesses of all sizes and there is a very competitive car parking ratio of 1 space to each 900 square feet leased.”
The Pithay is situated between Cabot Circus and the Mall Galleries, Castle Park and the city Centre and close to all the local amenities and public car parking. Temple Meads railway station is just a short walk away.