Former Fire Station, Bristol

The Asset at a Glance

We plan to bring our strong local knowledge and track record of delivery in Bristol to speculatively develop our next sustainable office building of the same quality as Aurora, along with a series of apartment buildings likely to be aimed at the ‘build to rent’ market.
Investment Theme
Urban Asset Creation
Purchase Date
June 2018
Purchase Price
£18m
NIY
n/a
Fund
Palmer Capital Development Fund IV
Features
  • Business plan to demolish existing site and speculatively develop 116,000 sq ft of Grade A office space, along with c. 300 BTR units
  • Targeting BREEAM Outstanding rating
Purchase Rationale
  • Prime city centre regeneration location
  • Lack of Grade A new build supply
  • Strong demand for BTR with limited other available sites
Location
  • Temple Back Fire Station, Temple Back, Bristol BS1 6EU