Access 18, Avonmouth
Acquired in September 2014 this standalone, modern distribution warehouse, constructed in 2007 and located in Avonmouth, one of the UK’s most established ports, 1 mile from Avonmouth Dock and Portbury Dock and benefitting from excellent transport links with the M4, M5 and M49 close by.
We have decided to the hold this property for the medium/long term. The lease has a good covenant of 15 years, albeit with a tenant break option in 2017. Bristol has a limited supply of modern, good quality industrial property and demand is growing for mid-sized units which all provides for good renewal / re-letting potential and rental growth prospects.