Flurry of lettings demonstrates keen competition in Oxford's small industrial market
PUBLISHED: 16:34 16 February 2016 | UPDATED: 16:34 16 February 2016
A lack of existing and planned small industrial space available in the Oxford area, coupled with growing demand from industrial occupiers, has led to a marked increase in enquiries at Curtis Estate.
These latest lettings result in only three units remaining available at the site, which is made up of small industrial units ranging between 1,673 sq ft and 8,322 sq ft. It occupies a strategic location one mile from Oxford City Centre and just off the A34, providing easy access to the M40 to the north and the M4 to the south.
Lambert Smith Hampton’s Oxford office has secured four new lettings at Curtis Industrial Estate, Botley, West Oxford, comprising around 9,000 sq ft in total.
~ In The Spirit Events, a bar focused events company and venue operator, has taken 2,012 sq ft on a five year lease
~ Catwalk Wholesale, a wholesale clothing company, has concluded a deal for 2,872 sq ft on a five year lease
~ Always Easy Recycling has taken 1,989 sq ft of space on a five year lease
~ Oxford Bakery and Café has taken a 2,212 sq ft unit on a five year lease
Commenting on the latest lettings, Charlotte Brisbane from Lambert Smith Hampton’s Oxford office, said: “These lettings at Curtis Industrial Estate are a clear testament to the growing demand for industrial units sub 5,000 sq ft. Market sentiment is improving and there is a growing confidence in the industrial sector at this point. Our site provides a clear solution to this local demand and an attractive location from which occupiers can expand their businesses in the Oxford area.”