Avonside, Bristol
Avonside, Bristol

Avonside
Bristol

The Client

Globally recognised, estate agents Savills, invited suitable contractors to tender for an internal and external refurbishment to an industrial estate unit. Savills and the property owners, a pension fund, took confidence in our bid, demonstrating our experience and technical knowledge. We were commissioned to survey, develop specifications and manage all aspects of the project, which consisted of a 20,000 square foot industrial unit, incorporating office space and storage.

  • 1,600m2 of asbestos roof overcladding
  • 10 week turnaround
  • Office and kitchen refurbishment
  • Full interior re-decorated
  • Roller shutter door replacement
  • Increase in the value of the property
  • Help to regenerate a marketable asset

£350,000

Value

10 Weeks

Duration

1,600m2

Area 

Challenges and Solutions

The main challenge around the project was the timescale, which was a 10-week turnaround, as there was a high level of work required to bring the property back to a desirable look, condition and facility for new tenants. We delivered an asbestos roof overclad, covering a roof area circa of 1,600m2, completed in January 2020. We brought further value for the client over the project with additional works, including; office and kitchen refurbishment, full internal decoration and the replacement of roller shutter doors.

Outcome

For pension fund groups, property assets provide a healthy investment portfolio opportunity and the possibility of good re-sale value at some point. What is critical throughout the property’s lifespan, is that it’s in a good and fit for purpose condition, that can be continually let, bringing regular revenue. Following our programme of works, the potential increase in value is positive for the pension group, as well as the fact that the property was quickly leased to new long-term tenants.