Plans for a 168-bedroom Premier Inn hotel at Cubex Land’s Finzels Reach in Bristol city centre have been approved.
The Bush Consultancy-designed hotel has been forward purchased by AXA for £13.5m – a 4.8% yield.
Cubex has also submitted plans for the next 95,000 sq ft office phase of the scheme, which it bought from administrators in 2014.
Knight Frank and Savills are letting agents on the offices.