Monarch House
  • Office & Student Accommodation
  • 15,000 sq. ft.
  • Freehold Acquisition
  • Acquired 2012
“Given the over supply of office space in Bristol, this opportunity was not immediately obvious. However, the TCN team had the vision to see how the market was evolving and we now find ourselves with a fully let, highly sought after asset in the heart of Bristol.”
Joint Venture Partner
Think

Our continued experience in Bristol has given us a unique insight into the city’s changing dynamics.  That’s how – in 2012 – we could see in Monarch House the perfect opportunity to develop a contemporary, cost-effective space to suit the modern needs of Bristol’s small to medium-sized market.

Create

When we bought Monarch House, it was clear that the mostly vacant building needed a good deal of refurbishment. A comprehensive and targeted marketing campaign ensured the vacant floors were pre-let, which provided funding for the thorough regeneration work we required throughout.

Grow

On completion of the refurbishment and letting the asset was refinanced. All equity has been returned to investors with an ongoing running yield of 12%, and capital appreciation has resulted in a doubling of equity for the investors.

monarchhousebristol.co.uk

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