Merry Christmas !

'Bristol Res' Blog • 14 December 2018

On behalf of the team at The Bristol Residential Letting Co we would like to thank you for your support during 2018.

With the uncertain times we have experienced across the UK this year the Bristol rental market has generally remained robust.  The political landscape however for Landlords, Tenants and Letting Agents seems to be ever changing and it appears 2019 is set to be a tough year for the whole of the private rented sector. A shortage in supply of rental properties, an increase in rents and a rise in management fees are all anticipated in the new year.

Despite the challenges ahead The Bristol Residential Letting Co is committed to providing our Landlords, and our Tenants with a first class personal service which means Bristol is a great place to live and a great place to have an investment.

We hope you have enjoyed receiving the ‘Bristol Res Blog’ this year which will return again in the new year. Our offices are open most of the festive period  (details on the website) with a 24 hour emergency line always available for our if there is anything we can help you with please let us know.

We would like to take this opportunity to wish you a Merry Christmas and a  very Happy New Year.

Ed, Emma and all at The Bristol Residential Letting Co

Just lettings, just Bristol 

Plans for next phase of Finzels Reach are revealed

The Bristol based developers behind the very successful Finzels Reach development in the city centre have just revealed the plans for further regeneration of the area.   Cubex have recently acquired the site of the former Avon Fire and Rescue headquarters and are planning to include this in the Finzels Reach project.

Plans for the £140 million development include a 150,000sqft contemporary office building which will feature a unique corkscrew staircase rising up through a glass atrium to a rooftop terrace.  300 residential units including 20% affordable are planned with many of the buildings boasting co-working space at ground floor level for the increasing number of people working independently or running their own business.

Gavin Bridge, executive director at Cubex, said: “This year has been pivotal for Finzels Reach as it’s really come into its own with more residents and businesses moving in, the hotel opening, as well as the lively food market every Friday becoming an established part of the Bristol street food scene.”

Cubex is hosting a public consultation on the proposals before they are submitted to Bristol City Council next year. Subject to planning approval work on the site is likely to start in the summer of 2019,

In addition to this a number of projects at Finzels Reach are due to come to fruition next year with the opening of Left Handed Giant’s brewery and brewpub, a new restaurant by Peter Sanchez-Iglesias of Michelin Star restaurant Casamia, and a café by Spicer & Cole all set to open in 2019.

Just lettings, just Bristol 

Disappointment as Bloodhound project reaches the end of the road

The Bristol based project to race a supersonic car at more than 1,000mph has been shelved this week after it failed to secure a £25 million investment.

The Bloodhound Programme suffered a “funding setback” in May of this year and formally entered administration in October.  Administrators said the programme needed a £25 million cash injection in order to ensure its future, Despite having the car and racetrack already constructed administrators were unable to find an investor to inject the cash required.

Administrator Andrew Sheridan said  ”We have worked tirelessly with the directors to identify a suitable individual or organisation who could take the project forward.  Despite overwhelming public support, and engagement with a wide range of potential and credible investors, it has not been possible to secure a purchaser for the business and assets.”

Originally launched in 2007, Bloodhound initially hoped to break the world land speed record in 2011, but delayed the attempt once the scale of the project and costs began to mount.  In 2017 the project seemed back on track with a 200 mile an hour test run in Cornwall and news that a 18km-long, 1,500m-wide track at Haskeen Pan in South Africa was being prepared ready for the world record attempt.

This weeks news however seems to signal the end of the road for the Bloodhound project and the administrators tasked at selling off the assets of the company – including the car – reportedly available for £250k !.

Just lettings, just Bristol