A freehold residential development opportunity
The site is located to the south of the city centre. Parkview Campus is located on the south side of Whitchurch Lane and adjacent to the Bridge Learning Campus and City of Bristol Gymnastic Centre. The immediate surroundings have seen significant investment in recent years and are now occupied by a variety of use classes including offices, a healthcare centre, a community hospital, light industrial units, Cineworld, schools and a mixture of residential. The Imperial Retail Park is also located nearby along with green spaces including Hengrove Park. The site is exceptionally well connected by road via the new Metrobus service to the city centre and the recently completed south Bristol link road. The property forms part of a larger site totalling approximately 10 acres (4.047 hectares). The remaining part of the site is undergoing conversion to residential use, which commenced in November 2018 and will be retained by the owner as a rental/affordable product.
The site extends to approximately 3.57 acres (1,445 ha) bounded by Hawkfield Way to the west, William Jessop Way to the east and Whitchurch Lane to the north. Block 1 & 2, which do not form part of the sale are currently being converted into residential apartments providing 467 units. The conversion of these blocks commenced in November 2018. The vendor will retain Blocks 1 & 2 for their own rental/affordable products The subject site, Block 3, comprises a vacant part three / part four storey B1 office building totalling a NIA of approximately 8,090 sq m (87,080 sq ft) excluding the lower ground floor, which contains the services for the building. The site also includes 192 car parking spaces and a bike store.
The total consented proposed residential accommodation comprises 162 private apartments providing an approximate NSA of 8,040 sq m (86,542 sq ft). The scheme provides for 44 x one bed and 118 x two bed apartments. A full accommodation schedule and floor plans are included within the dataroom.
The Local Authority is Bristol City Council. The buildings are not listed, nor do they fall within a conservation area. The site benefits from planning consent for 162 units via two planning consents.