Bristol’s Aztec West Business Park fully let after latest deal

Langtree Property Partners has agreed the final letting at Aztec West Business Park, the 68-hectare site in Bristol.

The remaining 5,204 square feet (sq ft) of industrial warehouse space at Unit 1290 has been let to Bristol-based interior design company McFeggan Brown, which specialises in refurbishments and office fit outs. The firm has agreed a 10-year lease.

It is the final letting of four since the site was fully refurbished and became vacant year ago. Real estate services firm Cushman & Wakefield advised Langtree on all four lettings.

Earlier this year, Norwegian weather analytics firm StormGeo agreed a 10-year lease on Unit 1260, which comprises 2,600 sq ft of industrial warehouse accommodation. Dutch group Yondr, the global developer, owner operator and service provider of hyperscale data centres, signed a 5-year lease on the adjoining Unit 1270, a 3,100 sq ft industrial warehouse. Construction Testing Solutions, the leading provider of on site and laboratory testing services, signed a 5 year lease on Unit 1280, which comprises 5,516 sq ft unit.

The business park, located at the junction of the M5 motorway and the A38, was laid out in the early 1980s and is now home to over 120 companies.

Jonathan McIlhinney, property manager at Langtree, said: “We are delighted to have delivered full occupancy at Aztec West Business Park to a wide range of occupiers. In the last year, there has been extremely strong demand from businesses looking for prime logistics distribution locations in the region, which Aztec West offers. It has proven incredibly popular with firms looking for high-quality and well-connected space with easy access to Bristol city centre and the wider area.”

Ed Rohleder, Associate in Cushman & Wakefield’s UK Logistics & Industrial team, said: “The popularity and take up of space at Aztec West is a clear signal of the demand for well-located warehousing of a good specification. We expect to see continuing interest in similar stock in the region, given the demand supply imbalance, for the foreseeable future. The occupational picture remains positive despite the geo-political and macroeconomic issues.”