Morton Property Consultants advised Daktronics, the world’s industry leader in designing and manufacturing electronic scoreboards, programmable display systems and large screen video displays on their relocation from their Thornbury offices. Daktronics are famous for remastering the Piccadilly Circus video displays that were remodelled and renewed recently. Phil Morton of Morton Property Consultants commented, ‘Our involvement enabled the business to focus on what was important to them, getting the Piccadilly project up and running… We looked after their property search and relocation, a top result for all involved.’
Author: Phil Morton
Morton Property Consultants Successfully Relocate Integreon to Tower Wharf
Morton Property Consultants worked closely with Integreon a legal, document, research and global business support services specialist to relocate the business from two locations in Bristol into Tower Wharf’s fourth floor of 10,719 sq ft at a passing rent of £28.50 psf pa. The business are delighted with their new accommodation which is full of natural light, open plan with maximum flexibility in one of Bristol’s prime office buildings close to the station. Phil Morton Director of Morton Property Consultants said ‘We are extremely pleased to have been part of the team to relocate Integreon into such great offices. With a tough deadline to meet we achieved a great deal for them, on time which will allow them to smoothly relocate’.
Morton Property Consultants sells Rare Long Leasehold Office
Extract from Bristol Magazine:
Morton Property Consultants Acquires new offices for BID
The Bristol City Centre Business Improvement District was created after a ballot of businesses in July 2017. It is working for the next 5 years to make significant improvements to the city centre area by:
- Improving the welcome
- Improving the safety.
- Improving the ‘look and feel’.
- Promoting success.
- Acting in the best interests of its levy payers.
Phil Morton, Director of Morton Property Consultants commented, ‘We are delighted to be part of the BID team in securing their second office move in 18 months into larger space in Bristol City Centre. The BID team, and their Ambassadors are enabling a partnership to evolve with organisations and ensure that high levels of services are developed and maintained throughout the city centre making the city cleaner, safer and ultimately more attractive for inward investment and tourism.’
Serviced offices are coming of age…
Serviced offices are coming of age as the modern way of working accelerates to complement the changing environment within the workplace. Serviced offices are being ranked using a star system in Bristol, with 5 Stars being the best. In total there are over 20 centres in Bristol City Centre being run as either pure serviced offices, or a mixture of shared working, managed working, coworking or virtual offices. This allows not only start ups and scale ups to successfully secure space regardless of their covenant status, but also larger corporates who want to maintain the ultimate flexibility in their occupation property portfolio.
Landlords are also becoming more and more interested in using a service office operators to manage buildings for them and benefit from an increased rent roll over upto 15% above the market rent. Some service office operators are achieving lease terms on average of 3 – 4 years on space as large as 2,000 – 3,000 sq ft.
Phil Morton, Director of Morton Property Consultants comments, ‘Serviced offices are here to stay and the quality of their offering is increasing to ensure they are at the top of the list when any applicants are scouring the market for space’.
Morton Property Consultants to sell rare long leasehold opportunity
Morton Property Consultants are pleased to bring a rare opportunity to purchase a long leasehold office in the heart of the city centre, close to local amenities, bars and restaurants. 8 Unity Street comprises an impressive period four storey terraced Georgian property with direct access off Unity Street, a basement and rear courtyard. Internally the property is arranged with various compartmentalised offices on each floor including male and female WCs and a kitchenette and is approximately 2,750 sq ft. Phil Morton, Director of Morton Property Consultants commented ‘This is an exciting rare opportunity to buy a commercial long leasehold in the city centre and we are already experiencing a high level of interest.’
Morton Property Consultants retained by leading corporate serviced office provider – Orega
Morton Property Consultants are delighted to have been retained by Orega, a privately owned serviced office provider for the South West and South Wales to acquire a number of offices throughout the South West and South Wales.
Operating in a variety of city centre locations both in the UK and Europe the business is expanding as corporate requirements change to a more flexible way of working. Offering the highest level of support services and professional environments the new offices will be carefully selected and equipped for the next generation of office occupiers
Phil Morton commented; ‘Orega are leading the way in high quality corporate serviced offices. With a caring attitude, neutral branding and innovative solutions, Orega provides a unique opportunity to work with expanding occupiers to enable a more flexible, cost efficient use of property for corporate occupation. I am delighted to be part of the team to deliver the new office hubs of circa 20,000 sq ft to enable the successful future growth of the business.’
Prominent Bristol Property Agent Launches independent consultancy
One of the most prominent property agents in Bristol, Philip Morton, has launched a niche independent consultancy.
Morton Property Consultants is a commercial property consultancy providing advice predominately on office agency, both transactional and advisory.
The new firm’s services cover office relocation services, workplace strategy, lease advisory, disposal, development, refurbishment, investment and portfolio services.
Philip has over 25 years’ experience in the South West property industry, most recently at CBRE, where he was a senior director, heading up the agency and development teams in Bristol.
Having qualified as a chartered surveyor in 1994, he has established a strong reputation for his agency experience, having worked for international property consultants in London such as Cushman & Wakefield, before moving to Bristol. He was head of office agency at Chesterton and DTZ in Bristol before joining CBRE.
During his career, he has advised a significant number of institutional funds, developers, property companies and private individuals, as well as a wide range of occupiers, including those in the technology, media and telecom and creative sectors.
He has worked on some of the most high-profile office schemes in Bristol, with his market experience enabling him to develop in-depth market knowledge and a diverse network of trusted industry contacts.
Phil Morton explains: “I saw a real opportunity in the market for a niche office specialist, so I decided to launch a new consultancy to meet that demand. We are keen to support all those involved in the workplace from start-ups and scale-ups to more established firms looking to relocate or become more efficient by adopting a modern way of working.
“We can offer bespoke, impartial advice gained from many years of experience at a senior level, combined with a friendly, personal service. When critical decisions need to be made to ensure the company business plan is aligned to the property strategy, or an investment purchase or sale is carried out, it is so important that businesses have on board a trusted consultant offering an in-depth knowledge of the local marketplace.”
Philip advised developer Commercial Estates Group (CEG) on the design and marketing of Aspire, one of Bristol’s most significant speculative office schemes, as well as advising on the masterplan for and letting of Bristol & Bath Science Park. He also advised PwC on the relocation of its Bristol offices from Clifton to the city centre.
Since setting up the business Aberdeen Asset Management have instructed Philip as the letting agent on 1 Redcliff Street, a high profile 15 storey office building in the heart of Bristol City Centre.
For further information, visit www.mortonpc.co.uk.
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