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Case studies

Phase 3, The Paintworks

Client: Verve
Services Provided:
Agency & Commercial Development   •   Office Agency

Alder King, sole agents for Verve on the Paintworks scheme in Bristol since its inception in 2004, have, over the past year, disposed of 15 out of the 16 units in the latest phase of this phenomenally successful regeneration project totaling over 55,000 sq ft.

Over 70% of the floor space was pre-let or pre-sold prior to practical completion.  All the remaining space has subsequently been let or sold, with the exception of one unit used as a temporary sales office by Crest Nicholson.

The largest single transaction was the sale of 20,738 sq ft in Blocks L and M to the Ethical Property Company.  Other new occupiers include the Royal Photographic Society and Crux Product Design.