Location: Abingdon, Oxfordshire
Size: 550,000 sq ft
Type: R&D/Industrial/Office
Partner: Royal London Mutual Insurance Society

Description

A 56 acre park providing 550,000 sq ft of laboratory, industrial and office space with a 1.4 development site.

Business Plan Objectives

  • Continue to modernise the park through a phased refurbishment programme. A total of 297,000 sq. ft. has been refurbished with a further 50,000 sq. ft scheduled for 2024.
  • Drive rental growth and capitalise on the Oxfordshire/A34 knowledge corridor.
  • Establish the park as a recognised Precision Engineering and Life Science location with over 49% of occupants from these sectors.
  • Pre-let of 58,000 sq. ft R&D unit to Oxford Nanopore Technologies.
  • Construction of 50,000 sq. ft. high office content R&D units.
  • Rolling reposition of office units to create lab enabled space.
  • Expansion of park to purchase the adjoining 77,000 sq. ft. Eyston Way estate in 2024.
  • Obtain planning on final development site for a 25,000 sq. ft. techbox unit.