Commercial property specialists VSL & Partners has agreed a letting in Kidlington to The Native Antigen Company (NAC) which specialises in the development and manufacture of viral and bacterial antigens.
NAC's antigens are used by pharmaceutical companies in vaccine research for viruses like Zika, and by in vitro diagnostic manufacturers preparing tests to identify infections in patients. NAC sell their products worldwide, offering both off the shelf antigens as well as bespoke product development.
2016 was an important year at NAC with the business expanding its product range significantly as well as their range of services. The business, which is currently based in Upper Heyford, required larger premises closer to the commercial science areas of Oxford.
VSL & Partners agreed a 10 year lease on 5,000 sq ft of office accommodation at Building B, Langford Locks. NAC are carrying out a comprehensive fit out of the building to convert the existing office accommodation into laboratory space.
Dr Nick Roesen, CSO of The Native Antigen Company says: “It is certainly an exciting time for our business; we have experienced significant growth and our new building at Langford Locks will provide us with the space to expand further. We will benefit from the healthy skills base in the area, excellent transportation links and being only five minutes away from Oxford Parkway station. Following a complete re-fit of the building we are looking forward to taking occupation in May and are delighted VSL completed the deal in such a short time frame.”
Richard Venables, director at VSL & Partners explains: “We agreed the terms of the letting at the end of 2016, with an arrangement to complete by the 1st February 2017 which we achieved. Building B Langford Locks is an excellent base for The Native Antigen business and we are pleased to have pulled this together within such a short transaction period for them. This deal further underlines the continued demand within the technology and innovation sector, which is the real driver of the Oxfordshire economy at present.”
On Thursday, 27th April 2017 local businesses and guests celebrated the opening of Phase 2 of Three Michaels Yard industrial and warehouse development in Carterton.
Carterton Town Mayor, Lynn Little cut the ribbon on the development’s second phase which is now ready for occupation providing space for entrepreneurial businesses in the area. The high specification industrial scheme provides 15,000 sq ft across ten units of accommodation and is notably the first new industrial scheme in West Oxfordshire to be completed in nearly a decade.
Three Michaels Yard is on the established Carterton Industrial Estate, accessed from Black Bourton Road, and provides the only Grade A industrial and warehouse accommodation in the area.
Three of the four units of Phase 1 of the development are occupied by RA Jones Ltd Funeral Directors, Factory 33 Ltd, CNC Machining Specialists and BZN Box, operators of a specialist gymnasium. The fourth unit is under offer.
The first of the six units of Phase 2 is already occupied by One Planets Consultants Ltd, specialists in renewable energy technologies. This reinforces and emphasises the depth of demand and interest in the new scheme.
Mayor of Carterton Lynn Little says “I am very pleased to see new businesses opening in the town particularly here on the South Industrial Estate. We already know that Carterton offers affordable housing, so with the opening of these units we can also offer much need employment opportunities and a boost to the town’s economy.”
Three Michaels Yard owner and developer Michael Bennett said: “Thank you once again to Carterton Town Mayor, Lynn Little, who came to cut the ribbon and support our launch event. We are pleased to have completed the project on time and on budget and are delighted to be able to assist a range of both startup and established entrepreneurs with the creation of this new development.”
Tom Barton, director of commercial property consultants VSL & Partners says: “The Oxfordshire commercial property market has been thriving and with industrial supply at unprecedented low levels this has been a highly sought after scheme. We look forward to announcing new occupiers at Three Michaels Yard in the near future.”
VSL & Partners has been appointed jointly with Benedicts to market Three Michaels Yard on a long leasehold sale or tenancy basis. Units are available individually or in combination ranging in size from 1,528-7,640 sq ft.
Reciprocate is a collaboration of businesses who meet to discuss corporate social responsibility, its social impact, and charitable giving.
Adlens will move from three Oxford City locations to consolidate their headquarters, sales and marketing operations and state-of-the art R&D facility into one location. They will occupy two ground floor office suites at Chilbrook at Oasis Park comprising 8,479 sq ft with 33 parking spaces.
Construction work at MEPC's Park Drive East development at Milton Park has commenced.
Abingdon Business Park announces a series of
lettings following major regeneration and extensive building refurbishment.
Oxbotica, the award-winning Oxford-based autonomous vehicle software company that is challenging Silicon Valley tech giants, has today announced its plans to open a new office in the heart of the vibrant community of Summertown, Oxford
MEPC is pleased to announce the appointment of Knight Frank and VSL and Partners as letting agents for its new speculative development at Park Drive East, Milton Park.
The development was one of the first to secure planning permission since the EU referendum and will be the largest in Oxfordshire’s recent history, accommodating for the continued demand for quality office, laboratory and high-tech space across the county.
Robert Peston, political editor for the ITV News, appeared at the Blavatnik School of Government as special guest speaker and was interviewed by journalist Tim Harford and Professor Ngaire Woods. The event was chaired by Richard Venables, director of VSL & Partners, who also is a Board Member of Experience Oxfordshire and OxLEP (Oxford Local Enterprise Partnership).
The VSL & Partners commercial property market report shows 2016 was a record year for the industrial market but with stock at the lowest ever recorded levels, this could stifle growth prospects for some businesses in the year ahead.
The flexible office market has, for over 30 years, provided growing businesses with an effective alternative to the traditional office
The scheme at Park Drive East will be the Park's biggest ever speculative scheme of its kind and designed to be flexible and to appeal to science and technology companies.