Travis Perkins has announced that it has acquired the former Motus Commercials site in the St Philips area of Bristol in a multimillion-pound deal for the creation of a new flagship branch.
The site which was brokered by NG Chartered Surveyors, has been transformed into a new 20,000 sq ft stronghold.
The company, advised by Alder King, purchased the freehold of the 2.7 acre site on Days Road.
Will Moss of Travis Perkins said: “The acquisition of this site is an important opportunity to further strengthen our network of branches across Bristol, with the site occupying a high profile location in a well-established trade counter area. We hope to have this new branch open for trade by early 2022.”
Sunny Landa, director at NG Chartered Surveyors, added: “This has been a very satisfying deal for our client, with Travis Perkins stepping in quickly to secure a prime site in the centre of Bristol.
“Motus have now relocated to a new site in Avonmouth which better suits their requirements, so this has been a win-win transaction from start to finish. I wish Motus and Travis Perkins all the best in their new sites.”