Graven Hill site sale expected to drive ‘significant job creation’ in Oxfordshire

Graven Hill Village Development Company (GHVDC) has sold a circa 76-acre employment site to a US-based real estate developer.

The Oxfordshire site, which could support more than 1,000 new jobs, has outline planning permission for 104,000 sq m of storage and distribution space alongside open space and sustainable drainage systems.

It also has separate access from the Pioneer Road roundabout without running through any residential areas.

Adrian Unitt, operations director at GHVDC, said: “Graven Hill is a sustainable development, offering a wide variety of choice in terms of housing.

“It’s set in expansive green spaces and supported by community facilities such as the new primary school, Market Square Dental’s state-of-the-art practice, Wine Rack and Wine Valley Cocktail Bar and new coffee bar.

“The sale of the employment site further enhances the development’s sustainability credentials creating new job opportunities alongside a thriving community.”

Knight Frank and White Commercial Surveyors supported GHVDC on the sale.

White Commercial continues to provide commercial property advice on the commercial space at Graven Hill, as well as marketing the site available for a pub restaurant at the front of the development.

Chris White, managing director of White Commercial, added: “The sale of the strategic commercial development site at Graven Hill is excellent news for Bicester and the Oxfordshire region, which is witnessing both residential and commercial property expansion.

“There’s significant interest in the area from both manufacturing and distribution companies wishing to locate to modern facilities in Central England close to Oxford and along the excellent London to Birmingham M40.

“This Investment will provide both quality employment opportunities and also additional economic investment and growth for the region.”

Graven Hill is the UK’s largest self and custom build residential development, located close to the Bicester Village Designer Outlet in Oxfordshire.