Two Glass Wharf, Temple Quay, Bristol
Salmon Harvester Properties Limited and NFU Mutual acquired the Two Glass Wharf, Temple Quay site (0.3 acres) in November 2011 from PwC and Lloyds Bank as part of the Castlemore Plc administration.
The Temple Quay site sits adjacent to Bristol Temple Meads Station and the Floating Harbour and has established itself over the last 15 years as Bristol’s main office centre.
The rationale for this purchase as part of SHP’s current landbank initiative is to secure well located commercial development sites to promote development at the appropriate time.
We completed the construction of some 100,000 sq ft of Grade A offices and entered into a building contract with Wates in July 2013. Approximately 50% of the building has been let to PwC and Arcadis. The leasing agents are Alder King and JLL. Quoting rents are £30 psf.
The property was awarded RICS South West Commercial Project of the year. The RICS commented:
"This building forms a landmark within the city of Bristol. Incorporating the highest standards of design, efficiency, engineering and ‘letability’. The £40 million development provides six floors of office space with retail and restaurant space on the ground floor. The project impressed the judges with the clarity of purpose of this commercial development which has managed to deliver a low carbon and aesthetically pleasing office building.
The judges said, “This development demonstrates how commercial office solutions can and probably should always be elegantly simple.”