Statement from the owners of 74-78 Avon Street “The current lease for 74-78 Avon Street ends in July 2025 and the site owners, who are not professional landlords or developers, can confirm that their intention is to sell the site. Motion as current tenants have been aware of the date that their lease ends since signing in 2015, and are welcome to bid for the site as part of the sale process”.

74-78 Avon Street is up for sale

74-78 Avon Street, where Motion Events Ltd is currently a tenant is for sale, following the expiry of the current lease in July 2025. The property is being offered for sale because the company that owns it is neither a property developer nor a serial landlord.

The owners has been liaising with Motion Events Ltd on future plans for the site since 2019 and the club owners have been given the opportunity to put an offer forward for the building, along with other interested parties as part of the marketing process.

Background

The property is being offered for sale because the company that owns it is neither a property developer nor a serial landlord. The owner also recognises that they do not have the expertise or resources to invest in the realisation of the site’s evident development potential as will be necessary to complement the on-going regeneration of the surrounding area.

History

Since being used for the production of town gas, 74-78 Avon Street has had a wide range of purposes, including the manufacture of architectural precast concrete wall cladding panels, the dismantling of motor vehicles, the storage and valeting of cars, the distribution of roofing materials and even the hydroponic growth of plants. One of the property’s three main bays was set out with ramps for local BMX and skateboard enthusiasts, which then morphed from “SK8&Ride” into a music venue that subsequently expanded and become the Motion nightclub, as presently managed by Motion Events Ltd.

Community

The future use of the property will be determined by the selected purchaser, whether this is Motion Events Ltd or an alternative bidder. Once the use of the site is proposed, further assessment of the community impact would be anticipated and would be the responsibility of that third party. The landowner is committed to a transparent and fair marketing process, allowing the new owners to align the site’s future with community and wider city goals whilst meeting their own business requirements.

FAQs

1. Why is 74-78 Avon Street being put up for sale?
74-78 Avon Street is not owned by a professional landlord or developer and for the small business that does own the site, this is their only commercial property asset and they have decided that the time is right for them to sell. The site lies within a wider area of Bristol that is a central part of the city’s regeneration plans, designed to enhance both economic growth and community engagement.

2. When will the property be available for sale?
The property will be put on the market in November 2024.

3. Can Motion Events Ltd bid on the property?
Yes, Motion Events Ltd can participate in the bidding process along with other interested parties and has been directly encouraged to do so.

4. Have you refused to sell the site to Motion Events Ltd?
We have not refused to sell the site to Motion Events Ltd and encourage them to participate in the bidding process.

As with any sale, we require potential buyers to provide evidence of their funding before proceeding with a transaction. To date, Motion Events Ltd has not provided this evidence.

5. When does Motion need to vacate the premises?
There are a number of scenarios where Motion does not vacate the premises, including as the successful bidder for the site or as a lessee of a new landlord, but the end of the sales process is July 2025.

6. What will happen to Motion if they do not secure the property?
That is really a question for the owners of Motion Events Ltd, but as part of their current planning for their business, they would no doubt want to assess the alternative sites within the city as well.

7. How will the sale of 74-78 Avon Street benefit the local community?
Whether the site remains as a club or not, it has the potential to contribute significantly to economic growth, create job opportunities, and enhance community engagement.

8. Will the new owners engage with the community about the property’s future use?
The future owners, whether Motion Events Ltd or otherwise, will be responsible for engaging with the community about the property’s planned uses.

9. Why is early notice being given to Motion?
The owners and directors of Motion Events Ltd were first advised of the likelihood of owners looking to sell in 2019. Early notice was given to provide Motion ample time to engage with their customers and develop plans for their future and discussions have been ongoing.

10. How can the public stay informed about the sale and future developments?
The public can stay informed through official announcements and updates provided by the landowner and future owners.

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