Major Development along London to Birmingham M40 Motorway - 'Link 9'
PUBLISHED: 10:57 20 April 2016 | UPDATED: 10:57 20 April 2016
The first large-scale industrial and warehouse scheme in Bicester for over 15 years has been announced by Developer Albion Land. Link 9 is to be located on the A4421 - just 1 mile from J9 of the London to Birmingham M40 motorway.
Cherwell District Council has approved planning permission covering distribution, manufacturing, R&D and offices. Buildings will range from 80,000 sq ft – 250,000 sq ft on a freehold or leasehold basis – created for individual occupier requirements.
Investment in the development is estimated to be in the region of £50 million and property developers Albion Land confirm the 36 acre site will accommodate up 520,000 sq ft of buildings. These will provide much needed employment opportunities for the expanding Bicester population and will satisfy strong occupier demand.
Simon Parsons, Director of Albion Land says: “With its Garden Town status and the new rail service from Bicester Town Station, this project will be implemented at a time when Bicester is enjoying a most exciting period in its evolution. The town is growing rapidly and the mix of an expanding population, excellent road communications and the buoyant Oxfordshire
economy is resulting in a high level of demand from companies wanting new premises in Bicester. When fully occupied Link 9 will provide some 1,000 high quality jobs and will be a significant contributor to Bicester’s growing economy.”
White Commercial Surveyors, VSL & Partners and Colliers International have been appointed jointly to market the site. Chris White, Managing Director of White Commercial Surveyors comments: ‘’This is excellent news for Bicester and the London to Birmingham M40. This part of the M40 is seeing substantial residential and commercial growth fuelled by constraints on development land and spiralling costs in Oxford whilst the M40 now also considered a rival with the M1 Corridor. Also this site is ‘ready to go’ unlike many similar sites in Bicester yet to move through the planning process.’’
Albion Land is a specialist commercial developer with a proven track record in delivering industrial and distribution space for occupiers around the South East. Recent schemes have included Network 401 at Brackley, Network 11 in Banbury and Network 9 in Bicesteer which was pre-let to Brita Water Filters and Stonebridge. www.albionland.co.uk
For further information please contact the joint agents:
Chris White, White Commercial Surveyors on 01295 271000 - email@example.com
Tom Barton, VSL and Partners on 01865 848488 – firstname.lastname@example.org
James Haestier, Colliers on 0207 344 6610 - James.email@example.com