Parallel 49, Severn Road, Avonmouth, BS10 7RNMake an enquiry
Atlas Real Estate has completed the speculative development funding of two primes distribution units in Avonmouth on behalf of Loc8 Developments Limited.
The property occupies a prime position off Severn Road, in close proximity to the new Junction 1 of the M49.
The property comprises two newly completed distribution units that have been constructed to a high specification. The units extend to 20,300 sq. ft and 35,000 sq. ft respectively and have been constructed to an EPC A rating and a BREAM rating of very good.
The property was funded by overseas private clients of Acre Capital at a price of £9,100,000 representing a capital value of £164 per sq.ft.
Atlas Real Estate represented the developer Loc8 Developments Limited and Acre Capital represented the private overseas funder.