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Bonus offered to let warehouse
07 September 2023
Mountpark is offering a fixed £750,000 commission to the party who first secures an occupier for its Bristol 360 cross-docked logistics facility in the southwest.
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By Liza Helps Property Editor Logistics Matters
THE PROPERTY has been on the market since 2021 and has as yet been unlucky not to secure an occupier. It was briefly thought to be under offer to retailer M&S in but the deal did not materialise.
The new marketing strategy LET IT – GET IT hopes to generate enough interest to secure an occupier. The unusual marketing approach has previously been proven by Mountpark in Spain where in 2021, an open commission helped secure an occupier for Mountpark Illescas, a 921,657 ft2 logistics facility on one of Madrid’s leading distribution parks.
The 360,926 ft2 Bristol 360 is situated at Central Park in Avonmouth and is a carbon net zero in construction, rated BREEAM Outstanding and certified as EPC A+. It has highly specified employee wellbeing features within the property that include an office roof terrace and garden, and extensive glazing to provide enhanced natural light. The 625 kVA photovoltaic supply and 118 kw batteries generates potential savings of £102,000 per annum (based on a 22.5p per kWh basis) by using the PVs to supply energy direct to the building.
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