Huge spec build planned for ex Rolls Royce site in Bristol

A funding deal commits all parties in the Horizon38 scheme to the development of nearly 600,000 sq ft of speculative warehouse and industrial space.

The site fronts onto the A38 in Filton, with detailed planning consent obtained for up to 1.2 million sq ft of commercial space in total.

Paul Baker of JLL who acted on behalf of BP Pension Fund said: “The Fund recognised this as a rare opportunity to create the largest single multi-let estate on the northern fringe of Bristol with superb access to both the motorway network and the City of Bristol. With the supply of good quality space at a low, rents growing and occupiers signing longer leases it is the perfect time for speculative development.”

It is anticipated that the first stages of the development will be completed early in 2017.