Catalyst Bicester’s first three units let with phase 2 construction due to start


Catalyst Bicester’s first three units let with phase 2 construction due to start

The first three units at Catalyst Bicester, the new, under construction, £100 million advanced manufacturing and technology business community in Bicester, Oxfordshire, have been let to a soon to be announced pioneering company.

The company has taken units 1 to 3 for its new HQ which are interconnected and total 38,000 sq ft (3,530 sq m).

Catalyst Bicester is under construction to the town’s south, just off the A41 adjacent to the Bicester Avenue retail centre and the new Holiday Inn and under two miles from J9 M40.

Unit 4, a stand-alone building totalling 21,365 sq ft (1,985 sq m), is available for immediate occupation either on either leasehold or freehold terms.

Phase 2, with units 5 to 9 ranging from 20,000 sq ft to 110,000 sq ft, is due to start construction in autumn 2022 with five, state of the art technology buildings due to be ready in autumn 2023.

When completed, Catalyst Bicester will total circa 300,000 sq ft (27,870 sq m) and provide workspace for up to 1,750 new jobs. The new David Lloyd Health and Racquets Club is under construction and due to open later in 2022.

Simon Parsons, Albion Land explained: “When we started this project, our third major investment in Bicester, it was in response to demand from technology, advanced manufacturing and high-performance engineering companies to create many new jobs and help to reduce out-commuting from the town. Our recent letting is exciting news for Bicester and due to the high demand, we are progressing our plans to speculatively build phase 2.”

The letting agents are Brown & Co, Colliers International and VSL.