100 BRISTOL BUSINESS PARK

In December 2016 Abstract acquired from DuPont, this 7.3 acre site at the entrance to Bristol Business Park. Planning consent was obtained in August 2017 for three buildings in a phased office development of approximately 218,000 sq. ft. including approximately 6,500 sq.ft. of retail/leisure uses and 600 car parking spaces.

PHASE 1:

Phase 1 provides approximately 86,000 sq. ft. of Grade A offices over five floors, with 240 car spaces. The building has been pre-let to Babcock Integrated Technology Ltd and was completed and fitted-out to full Cat B specification providing virtually column-free floors of up to 18,219 sq. ft. with gym, canteen and breakout spaces in July 2019. The investment has been sold to Aviva Investors’ Lime Property Fund for £30.06m.

PHASE 2:

The second and final phase of the development provides approximately 132,500 sq.ft. of of Grade A offices, in two buildings of 86,000 sq.ft. and 40,000 sq.ft. respectively plus 6,500 sq.ft. for retail/leisure use.

The development was completed in Feb 2023, having been pre-let to Babcock Integrated Technology Ltd in Aug 2020 and the investment was sold to Aviva Investors’ Lime Property Fund for in excess of £55m.