Downing purchased NCP’s Nelson Street Car Park in Bristol. The property is located on an island bound by Fairfax Street, The Pithay and All Saints Street. It is near St Nicholas Market, Castle Park, Queen Square, Cabot Circus, Finzels Reach and Bristol Temple Meads.
The car park occupies a total area of c. 2,590m2. It has 295 car parking spaces arranged over ten split levels at ground floor level, facing Nelson and Fairfax Street. Moreover, there are eight self-contained retail units on the site.
Paul Houghton, Director at Downing said: “The site on Nelson Street is a strategic acquisition for Downing to further expand its portfolio in the South West.Bristol is a city that boasts impressive retention rates, great green space and a thriving economy. We see it as a key growth area for Downing, as we look to build on our impressive investment portfolio.”
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