Newcastle-based Silverstone Building Consultancy has completed a six-figure office refurbishment at a landmark building in Bristol’s premier office quarter on behalf of UK law firm, Bond Dickinson.
The specialist firm of building surveyors and project managers was brought on board to identify and undertake works to refurbish two sub-let floors of Bond Dickinson’s Bristol office, which have been vacated by the Royal Bank of Scotland.
The fully refurbished vacant suites now provide up to 17,000sqft of modern, open plan, Grade A office space, which is being marketed on a leasehold basis by JLL with a quoting rent of £27.50 per sqft.
Mark Coulter, associate director at Silverstone Building Consultancy said: “This is a great example of how we can work with a client throughout the life cycle of a property to get the best results. Having advised the client on what works were required to bring the office suites back into a marketable position we prepared a tender package, appointed a local contractor and managed the building works.”
“The offices are now on the market to let at a premium rent and we are currently negotiating the cost of the works with the former tenant under their obligations. This process is a way of the client crystalising the costs to underwrite the loss.”
Acting on behalf of Bond Dickinson, Silverstone previously carried out a series of UK-wide building surveys across its extensive property portfolio to provide an assessment of the dilapidations liabilities at the time.
Martin Hall, head of facilities management at Bond Dickinson said: “We have worked with Silverstone previously and the service has been delivered consistently and to a very high standard. We are delighted with the refurbished office space and given quality of the end product we anticipate there will be a high level of interest from potential occupiers.”
Silverstone, which has a head office on Grey Street in Newcastle city centre, announced plans last year to extend its services nationwide as part of a continued growth strategy, following a series of new contracts outside the North East.
Ben Hunter, director at Silverstone said: “This project demonstrates our ability to successfully deliver the same high level of service outside the region. Our aim is to become a long-term advisor to clients who can enlist our services on nationwide property portfolios. Now we are well established in the North East property market we are keen to apply our skills and knowledge on a larger-scale, across other regions.”
Silverstone has previously conducted building surveys on nationwide portfolios on behalf of Theakston Estates, One Stop & Sainsbury’s and within the last year has worked on major projects in Birmingham, York, Wrexham, Derby and Cumbria.