Market Quarter Studios, 13-21 Baldwin Street

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Key Points

Summary

Ground floor retail/leisure

Description

The unit makes up part of the ground floor of a five-storey student block. In 2022 Empiric Student Property PLC acquired the building to operate the 92 premium student studios with their in-house brand, Hello Student (www.hellostudent.co.uk/student-accommodation/bristol/market0quarter/). Empiric/Hello specialise in high quality student accommodation targeted at the premium market, and the scheme will include a gym, cinema, study rooms , and high quality communal space. The building is already full let for the 2022/2023 academic year.

Location

The premises occupy a prominent position on Baldwin Street close to Corn Street in an area of quality independent food and retail operators and in close proximity to key footfall drivers such as the Radisson Blue, Bristol Beacon and The Hippodrome.

The unit further benefits from proximity to a number of key operators such as O'Neills, Franco Manca and Honest Burger; and is opposite the new Alliance House project which will soon be home to a number of quality independent restaurants.

There is also a strong student residential population, along with proximity to the key central offices around St Augustine's Parade, Rupert Street and Queen Square.

Tenure

The property is available by way of a new full repairing and insuring lease for a term of years to be agreed.

Planning

We are advised that the premises has Class E planning consent and as such is suitable for retail, cafe and restaurant uses.

Legal Costs

Each party is to be responsible for their own legal costs incurred in this transaction.