One The Square, Bristol

News - 21/03/2022

RSM completes lease at One The Square

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RSM, a leading provider of audit, tax and consulting services to middle market leaders, globally have signed to take space at One The Square, Temple Quay located in Bristol. The letting, totalling 8,105 sq ft, achieved a rent of £32.50 per sq ft following a full refurbishment of the suite in early 2021.

The part second floor office suite has been let to RSM, one of the world’s largest accountancy professional services network on a new 10-year lease. This follows from the letting of 4,080 sq ft on the other part of the floor earlier in 2021 to Global Radio Services.

Owned by the Canal and River Trust, One The Square has been comprehensively refurbished to a high-standard throughout which now includes fully refurbished air conditioning units, full accessed raised floors and new metal ceiling tiles with recessed LED lighting while the property has been fully redecorated throughout. Communal areas such as WC’s have also been upgraded while new shower and bike facilities have been installed with further upgrades to the reception and main entrance areas due imminently.

Located in the heart of Temple Quay, a thriving business district in central Bristol, the property boasts excellent transport links and is within a two-minute walk of Temple Meads Railway Station.

LSH manage the property and have been surveyors for all the works and are joint letting agents along with CBRE. RSM were represented by Savills.

Richard Kidd, Senior Director, at CBRE said:

“We are pleased to welcome RSM to One The Square and this deal shows that the capital investment Canal & River Trust has put into the building in terms of enhancing the cycle parking, showers and common areas is what businesses require from their office space.  The excellent local amenities plus the buildings outstanding location immediately adjacent to Temple Meads will see it continue to attract more high calibre occupiers.”

Roxine Foster, Associate Director – Office Advisory at Lambert Smith Hampton said:

“This letting further demonstrates that tenants are keen to take high-quality spaces in good locations. The works that have been carried out to the building have been completed to a high-standard and provide tenants with excellent amenities”.

“There is now just one floor of 12,207 sq ft remaining which is available for immediate occupation on the first floor which has been fully refurbished to an excellent standard”.

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