66 Queen Square

Bristol

The site was acquired in 2011 from a distressed seller and their lending bank prior to administration, encompassing ten leasehold interests over an entire island site situated on Bristol’s most prestigious office address. A new headlease and planning consent were agreed to deliver 60,000 sq ft NIA of Grade A offices. The site was then profitably sold to Skanska who commenced development speculatively and went on to secure KPMG as tenant at a record rent for the city in 2014. The completed development has twice set record low yields for the Bristol office market when sold to Aviva in 2015, and again to M&G in 2017.

Use: Grade A office
Size: 60,000 sq ft