Richardsons Capital and Curtis Hall have submitted plans for a distribution unit after acquiring a six-acre site in Bristol from IDI Gazeley.
Under the plans, a 105,000 sq ft site will be built at Western Approach, one of the biggest industrial locations in the South West, scheduled to complete in 2018.
Neil Curtis from Curtis Hall said: “We are very excited about this rare off-market opportunity to buy a development site in a prime Bristol location.
“Our research suggests there is a very limited pipeline of high-quality warehousing to meet the number of requirements in the current market and therefore we feel confident in pursuing a speculative strategy in this location.”
Cushman & Wakefield and Russell Property Consultants have been appointed as letting agents on the scheme.
Richardsons and Curtis Hall were advised by Stonehill Partners on the sale.
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