(In our best railway Tannoy voice): “The offices now sat at Bristol & Exeter House are for small and medium-sized businesses, calling at ‘Creativity’, ‘Innovation’, and ‘Boutique Working Spaces’.”
That’s right; this 16,000 sq. ft. building was originally the Grade II listed headquarters of the Great Western Train Company. All abooaard!
This amazing building had been vacant for a long time and needed a lot of TLC to bring it back to its former glory. As well as restoring original features like its flagstone flooring and the grand staircase, we refurbished the common areas throughout. Nine months after the project’s completion, the building was being let to over 15 businesses, and we had been awarded ‘Enterprise Zone Business of the Year 2013’ for it.
Because it was derelict and its listed status made re-use difficult, we bought the building at a low entry price. One creative refurbish later, we’d kept the project cost-effective while still reaping high impact results. Now Bristol & Exeter House maintains a high running yield and rapid capital value growth, and we continue to manage it, ensuring it remains the innovative engine we always knew it could be.