Salmon and NFU Mutual consolidate position at Temple Quay Bristol

August 9, 2011

Salmon Property and NFU Mutual have purchased the Three Glass Wharf development site on the waterside at Temple Quay, Bristol from PWC the administrators to Castlemore.

The 0.3 acre plot – within the newly designated Enterprise Zone – has planning permission for 130,000 sq ft gross of mixed use development including office, residential and retail uses.

Rorie Henderson, director of Salmon Property says: ‘This purchase is a further endorsement of our confidence in the Bristol city centre office market – following the purchase of Two Glass Wharf last November.’

The adjacent development sites can each accommodate approximately 130,000 sq ft gross of offices and could be combined if need be – providing floor plates of between 10,000 sq ft and 30,000 sq ft.

Salmon will launch a pre-letting campaign immediately whilst reviewing the case for speculative development.

Office rents at Temple Quay are circa £27 per sq ft and if built and fully let Three Glass Wharf would have an end investment value of circa £40million.

Hoddell Stotesbury Morgan acted for SHP/NFUM and Alder King for PWC.

 

Latest News

BLUEBOOK EXPANDS AGENCY TEAM

May 10, 2021 - 09:41

London Office specialist Bluebook has expanded its agency team with the recruitment of Tor Cuming and Ollie Pardoe from Avison Young and Cluttons respectively. Tor joins as an Associate and Ollie as a[...]

+ Read More

TURNSTONE ESTATES SELLS SAFFRON WALDEN SITE TO OWNER OCCUPIER

April 9, 2021 - 14:12

Turnstone Estates has sold a 1.3-acre development site on Ashdon Road, Saffron Walden to tool and plant hire company GR8 who intends to build out 20,500 sq ft of commercial space of which about 7,000 [...]

+ Read More

ROB TUDOR TO SET UP NEW BUSINESS

April 9, 2021 - 14:11

Rob Tudor, one of the most high-profile UK investment agents, has left the business he established 25 years ago to set up a new agency, Tudor Real Estate (TRE),  with his daughter Abigail Tudor and[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR