Bicester: VSL to market major development
Albion Land has unveiled major £50 million plans for the immediate development of the first large-scale industrial and warehouse scheme in Bicester for over 15 years. The development is to be called Link 9 and will be located on the A4421 perimeter road on the north-east side of the town. VSL & Partners (VSL) has been appointed, jointly with Colliers International and White Commercial, to market the site to occupiers.
As part of the Cherwell Local Plan, which seeks to deliver jobs-led growth, the development is the first in Bicester to achieve planning consent for large distribution and manufacturing buildings in addition to offices and R&D.
The 36-acre site will accommodate up 520,000 sq ft of buildings. Albion Land envisages buildings ranging from 80,000 sq ft – 250,000 sq ft, provided on a freehold or leasehold basis in response to individual occupier requirements.
Tom Barton, director at VSL & Partners, commented: “We are really excited to be involved in such a major instruction. Link 9 is well placed to capture the strong demand from both local and national businesses.”
Simon Parsons, director of Albion Land, said: “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.”