South West commercial property firm Burston Cook reports that there has been noticeably more activity in the Bristol office market during the second quarter of 2014. They also report signs of improvement in the industrial, warehouse and retail markets.
Among the transactions the award winning firm has completed recently is the letting of 2,530 sq ft of office space at Yeo Bank Business Park. Acting on behalf of Unit 5 LLP, Burston Cook let the property at a rent of £25,300 per annum for a lease term of five years. The lease includes a tenant only break clause at the end of the third year of the term.
Acting on behalf of a private pension fund, Burston Cook also let 1,172 sq ft of office space on the first floor of Unit 3 Willcock House, Warmely (pictured) to an engineering services company. The property was let for a rent of £10,548 per annum. Once again, the lease is for a five year term and includes a tenant only break option following three years occupation.
In addition Burston Cook let ground floor space at 1 Pembroke Road and retail premises at 100 Whiteladies Road.
Burston Cook offers a wide range of property services including freehold or leasehold disposals, property acquisitions, investment advice and strategic lease advice. Together with Hollis Morgan, they also offer a commercial property auction service for Bristol and the South West.
Story: Neil Bird
Photo: Burston Cook
