PROPERTY
intelligence
PROFESSIONAL EXPERTISE The proposed redevelopment of Newfoundland Road
Hipster hotspots aid regeneration
Once rundown areas of Bristol have made it into the top 10 Hipster Hotspot in the UK – but trendy accolades shouldn’t disguise the massive investment that has triggered the transformation. That’s according to Helm Construction Chief Executive
Gary Sheppard, who said he would far rather see hipster coffee shops and packed cafes than boarded up shops and derelict houses. “Once rundown streets in St Pauls, Montpelier and
Stokes Croft were once treated as virtual no-go areas by the majority of the population – now they are in demand as trendy community hubs creating a vibrant artisan spirit. “Business investment is making it all happen. With
‘There are still large numbers of semi-derelict sites around Bristol capable of being regenerated’
development land at a premium it is essential we make the most of
redundant space like this. There are still large numbers of semi- derelict sites around Bristol capable of being regenerated into effective housing.” Mr Sheppard was commenting on figures from property website Zoopla, which revealed that three of the top 10 districts in the UK which had seen the largest boost in property value due to gentrification were in Bristol. He added: “While some people in the city have dismissed the progress being made and derided the arrival
of the ‘Hipsters’ but they are helping to convert extensive areas of the city. “Many of the boarded up shop fronts in these areas are now thriving businesses once more, which has to be good news for
all residents.”
Office space available
Businesses attracted by Gloucester’s reputation as a ‘vibrant and prosperous’ commercial centre will find the quality office space they need at Goodridge Court, just two miles from the city centre and Junction 12 of the M5. Goodridge Court offers 3,446 sq
ft of modern office space on the first floor, which has been sub- divided to provide a flexible range of offices and meeting rooms. William Matthews, from Bruton Knowles, said Goodridge Court also offered allocated parking and was handy for the Orchard Retail Centre. “This is a well-located and sought-after location in the popular business hub at Quedgeley. The office provides access to the Southwest Bypass
and motorway and is available on a new lease for a term to be agreed.” Gloucestershire’s recovery has encompassed long awaited refurbishments for major destinations such as Gloucester Quays and has provided the vital spark for thousands of start-ups and SMEs – the lifeblood of the local economy. William added: “The region has
an enviable record as a nursery for start-ups and for small to medium firms which have survived their first years and are looking to step up to the next level. “Gloucester has benefitted from
the surge in internet shopping leading to increased demand for storage and distribution facilities with good transport connections, whether here in Quedgeley or at the local trade parks.”
NOVEMBER/DECEMBER 2017 insight 31
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