Industrial unit for sale
Property description & features
- Tenure: Freehold
- 5 Acre Site
- Strong Bristol Location
- Mixed-use, Part-completed scheme
- Consent for 130,000 sq ft Commercial Space
- Consent for 71x Apartments
Set within a 5 acre site, the Printworks and Papermill Apartments is a mixed-use, part-completed conversion and development opportunity located in Speedwell, Bristol.
The consented proposals include 130,000 sq ft of industrial floor space (including mezzanine space) including eaves up to 17m high. In addition, consent has been obtained for conversion of the Tower and Podium areas to 71 apartments.
Both elements are implemented with conversion and newbuild development underway, with plenty of scope to alter the existing consents or deliver alternative proposals Subject to Planning.
The site is income-producing, with new tenants profiled to move into commercial units from March 2024. Set within a 5 acre site, the Printworks and Papermill Apartments is a mixed-use, part-completed conversion and development opportunity located in Speedwell, Bristol.
The consented proposals include 130,000 sq ft of industrial floor space (including mezzanine space) including eaves up to 17m high. In addition, consent has been obtained for conversion of the Tower and Podium areas to 71 apartments.
Both elements are implemented with conversion and newbuild development underway, with plenty of scope to alter the existing consents or deliver alternative proposals Subject to Planning.
The site is income-producing, with new tenants profiled to move into commercial units from February 2024.
Location
Commercially, the site lies within the Deep Pit Road/Rose Green Road Commercial Area, with tenants of ranging sizes and uses, including Bristol Transmissions, Fulton Ltd, Wolseley Plumbing, Absolutely Karting and Broadway Engineering, with vacancy limited to 24,000 sq ft across three buildings locally. Junction 2 of the M32 is just 1.2 miles to the west, while the A420 and A432 trunk roads are both less than 1 mile from the site.
The residential element of the scheme is located in the tower and podium area of the site on the southern boundary, adjacent to the mainly-residential to the south. The wider residential area contains mainly family housing, most recently by Persimmon Homes immediately to the south of the site that was completed in 2021, with a number of apartment schemes completed recently nearby, including the Speedwell Swimming Baths scheme by Crossman Homes and Barton Court by Gainsborough Properties.
Local Authority
Bristol, City of
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