VSL Complete Eynsham Site Sale to Clockwork Components

19/08/2016
 

Leading commercial agents VSL & Partners has completed a site sale of land and buildings at Stanton Harcourt Road, in Eynsham to Clockwork Components.

Clockwork Components, the UK’s leading supplier of components to the upholstery and bedding industries, has purchased the 2.44 acre development site to house a new 47,000 sq ft facility.  

Construction of the new headquarters building is hoped to be underway later this year and will provide the company with almost double the amount of warehousing space that it has at its current base at Network Point in Witney.  

Chris Plews, Finance Director at Clockwork Components says: “We needed a new home to accommodate the significant growth we are enjoying and our new building will provide us with the space we require to expand. Our initial aim was to expand the business in Witney, but with the critical lack of land supply we extended our search just 6 miles further into Eynsham.”  

Acting on behalf of the landlords, VSL & Partners agreed a sale price of £1,376,000 for this rare land opportunity.

Tom Barton, director at VSL & Partners explains: “The site is located to the south of Eynsham in close proximity to the A34, which is important for the distribution side of the Clockwork Components business, but also perfectly accessible for their people and will enable the business to continue to benefit from the healthy skills base in the area. With land availability in West Oxfordshire in short supply and high demand from Oxford companies wishing to build their own premises, Clockwork Components have secured a rare opportunity and we wish them every success with their expansion plans.” 

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