County Councillor officially opens lab-enabled facility at Oxford Technology Park
A new landmark, three-storey lab-enabled facility in Oxfordshire has been unveiled by Cllr Nigel Simpson.
This prestigious building, now known as Building One at Oxford Technology Park offers 34,125 sq.ft. of Grade A flexible space, available to let in suites from 4,140 sq.ft for office, laboratory and R&D use, with bespoke office and laboratory fit-out packages available to suit the needs of spin-outs, start-ups and to those companies who require grow-on space.
During the visit, Cllr Nigel Simpson had a tour of Building One to explore the facilities, including automatic movement and daylight sensitive lighting, and electric vehicle charging points along with raised access floors, suspended ceilings, mixed mode mechanical ventilation with heat recovery and an energy monitoring system.
Building One, situated on the entrance into Oxford Technology Park, fronting Langford Lane and the Oxford London airport is conveniently located at the commercial centre of innovative activity with the high-tech/life-science hubs of Oxford all in close proximity.
Angus Bates, Developer of Oxford Technology Park, said: “We have already signed a number of pre-lets and received strong interest from regional operators across the life science sector. We are working with these companies to design bespoke fit-outs to meet their exact needs and looking forward to welcoming them to the park in the coming months. To secure space, we are encouraging interested businesses to get in touch now.”
Earlier this month it was announced that Life Science REIT, the real estate investment trust focused on UK life science properties, had acquired Oxford Technology Park in a deal that could reach up to £183 million.
The 20 acre science and technology park which, once fully developed, will comprise up to 450,000 sq ft of mixed-use life science space and amenity assets.
The park, the first buildings of which have already been completed, is located less than 2 miles from Oxford University’s Begbroke Science Park campus, seven miles north of Oxford city centre and adjacent to London Oxford Airport.
OTP was acquired for a purchase price of £120.3m from Angus and Alicia Bates, who have owned and developed the park since 2007.
