100 BRISTOL BUSINESS PARK
In December 2016 Abstract acquired from DuPont, this 7.3 acre site at the entrance to Bristol Business Park. Planning consent was obtained in August 2017 for three buildings in a phased office development of approximately 200,000 sq. ft. including approximately 8,000 sq.ft. of retail/leisure uses and 600 car parking spaces.
Phase 1, which provides approximately 86,000 sq. ft. of Grade A offices over five floors, with 240 car spaces, was pre-let to Babcock Integrated Technology Ltd and was completed and fitted-out to full Cat B specification providing virtually column-free floors of up to 18,219 sq. ft. with gym, canteen and breakout spaces in July 2019. The investment was sold to Aviva Investors’ Lime Property Fund for £30.06m.
In August 2020, Babcock Integrated Technology Ltd agreed a pre-let on the entire second phase of the development which, following a revision to the original planning consent, will now provide two further buildings of approximately 126,000 sq. ft. of Grade A offices together with 6,500 sq.ft. of retail/leisure space.
Car parking for the overall scheme will now provide a total of 744 vehicles (including 35 disabled spaces) with capacity to install electric vehicle charge points along with 38 motorcycle spaces and secure storage for 242 cycles.
Bristol Business Park is an established office park situated five miles north of Bristol City Centre with excellent transport links and within easy access of the M32, M4 and M5 Motorways. In addition, Bristol Parkway railway station lies within 10 minutes’ drive, providing a regular Inter City service to London Paddington, within 1hr 30 mins. Major occupiers on the Park include: ALD Automotive, Boeing, Motability Finance, QinetiQ, Thales and the University of the West of England.