With city centre rents very much on the rebound increasing numbers of SMEs are seeking new accommodation on Bristol’s thriving northern fringe.
That’s according to offices sector specialist Paul Williams at Bruton Knowles, who said smaller floorplates in the sub-2,000 sq ft capacity continued to be popular with businesses looking to take advantage of the superior road network.
He said: “The out-of-town sector has seen a return of large headline-grabbing deals in 2014, with a number of transactions of 20,000 sq ft or more during the course of last year, but there has also been a strong resurgence of activity at the smaller end of the market.
“Once again, ease of access to the region’s motorway network is a prime consideration, offering staff an opportunity to work around the jams rather than having to fight their way through to the city centre.
“Out-of-town offices also offer rather more generous levels of on-site parking – which is virtually unknown in the city. The introduction of resident parking schemes in Clifton Village and other locations may also be playing a part.
“Clearly, businesses looking for space away from the city centre are also expecting to save on rent, especially if they are prepared to look at refurbished or Grade B accommodation.”
Paul is marketing a clutch of office buildings at Heron House on the Thornbury Office Park and at Vantage Office Park on the Old Gloucester Road, Parkway.
Unit 7 Heron House comprises a ground floor suite of 1,130 sq ft on Midland Way in Thornbury, ideally situated for access to the motorway network.
Unit A3 on Vantage Office Park, Old Gloucester Road, is close to Bristol Parkway Station and offers up to 1,983 sq ft of space in total. Both buildings benefit from designated parking spaces in a modern landscaped setting.
Paul Williams concluded: “These offices are popular with small to medium businesses and ideally placed for hassle-free road and rail connections. Thornbury Office Park has the added benefit of being within a short walk of bustling Thornbury town centre, with its extensive assortment of shops and other amenities. We are confident that neither property will be on the market for long.”