Tech giant extends tenure at One Redcliff, Bristol

Hewlett Packard has taken space in one of Bristol’s most prominent office buildings – leasing the whole second floor at the One Redcliff building near Bristol Bridge.

Colliers International and Morton Property Consultants brokered the deal on behalf of Aberdeen Standard Investments.

James Preece, Director in Colliers International’s National Offices team said: “Hewlett Packard has taken a new ten-year lease on the second floor with a five-year break option.

“The floor is currently being refurbished while the main building reception was remodelled earlier this year. The lifts have been upgraded and 14 showers and 140 cycle spaces have been installed in the lower ground floor, in order to modernise the building and meet the needs of the many occupiers that cycle to work.”

The remaining 20,500 sq ft at the 15-storey One Redcliff is in the process of being refurbished and comprises the sixth floor, part first and South Wing. Space is available from 3,498 sq ft to 10,400 sq ft.

“One Redcliff is a landmark office building, overlooking the junction of Redcliff Street and Victoria Street – the gateway to the city’s commercial centre,” says Philip Morton, Director at Morton Property Consultants.

“With easy access to the city centre amenities including bars, restaurants and coffee shops, it is also a short walk to Cabot Circus.”

The refurbishment has provided open plan accommodation including double height refurbished reception, secure basement parking, new showers and changing facilities and five new lifts incorporating destination control, as well as highly flexible floor plates.

JLL acted for Hewlett Packard. Steve Lane, associate director at JLL in Bristol, said: “In a market where there is very limited supply of office space in Bristol city centre, it’s excellent that Hewlett Packard has been able to secure high quality offices in a fantastic location.

“We’ve seen plenty of growing tech companies set up base in the centre to attract and retain talent, but historically larger, more established firms have been located out of town at business parks. Things are certainly changing though as these bigger tech firms compete to attract skilled graduates who are increasingly looking to have easy access to everything Bristol has to offer.”