Abingdon: Tech companies show interest in R&D development

Construction of a high-tech/R&D development at Abingdon Business Park is nearing completion. The framework and cladding on four units covering a total of 49,317 sq ft is in place at the Foxcombe scheme with contractors on target to be finished by May.

The development is being constructed to a high specification with a target BREEAM ‘very good’ sustainable rating. It is generating considerable interest from technology companies looking to cement a place in Oxfordshire’s thriving knowledge economy.

Foxcombe is owned by Rockspring Property Investment Managers LLP with XLB appointed as asset and development management partner.

Kim Sardar, European director at Rockspring, said: “Delivering the Foxcombe industrial development is a significant step in our management of Abingdon Business Park and we fully expect these units to be occupied in short order by the cutting edge research and development companies which are helping power the local economy.

“The facilities and access to road networks are second to none and will provide the perfect platform for growth as the occupiers evolve.”

The units will provide flexible accommodation including high quality offices with glazed entrances, LED lighting, air conditioning and ample parking. The warehouse space will have sectional loading doors and an eight metre clearance height.

The units, of 10,000 sq ft upwards, will be available on a full repairing and insuring basis.

Abingdon Business Park is a 50-acre mixed-use scheme comprising 360,000 sq ft of R&D, industrial and office property. With over 2,000 people employed on the site it is home to prestigious companies including UK Mail, Orchid Cellmark, Taylor Wimpey, Howdens and Gigaclear.