RARE SOUTH EAST MULTI LET TRADE COUNTER INVESTMENT OPPORTUNITY OXFORD NUFFIELD TRADE PARK, OXFORD, OX4 6JS INVESTMENT CONSIDERATIONS • Opportunity to invest in a globally renowned university • Opportunities in the short to medium term to add • Oxford benefits fromexcellent road, rail and public city in the south east of England famous for its bio- substantial value. Asset management initiatives include transport communications which are set to improve science and automotive sectors. undertaking lease re-gears, driving rental performance further with the completion of the East West Railway across the estate and pro-actively targeting life science line and the Oxford to Cambridge Expressway by 2030. • Oxford forms a key component of the Arc, home to and tech occupiers. world leading universities, science and technology • Nuffield Trade Park is located on the south side of companies globally renowned for innovation. The new • The site extends to 4.58 acres (1.85 hectares) Oxford’s Eastern By-Pass ring road approximately housing and transport infrastructure planned for the providing a low site coverage of 44%. 3.2 miles (5.1 km) south of Oxford city centre and is Arc will be a catalyst for future growth, delivering one considered one of the primary trade counter locations million new homes and 700,000 additional jobs in • Freehold. with a cluster of notable occupiers including Travis the area by 2050. Perkins, BSS, Speedy Hire, The Electric Centre and City • Strong income profile with 96.7% of the income Plumbing Supplies. • The property comprises 18 industrial / trade counter secured against ‘lower than average risk of business units providing a total GIA of 88,117 sq ft (8,186.34 failure’ covenants or better. • The COVID-19 pandemic has highlighted how vital sq m) with individual unit sizes ranging from 2,879 the trade and industrial sector is to end consumers sq ft (267.47 sq m) to 17,608 sq ft (1,635.84 sq m). • Prime rents are projected to continue on an upward and supply chains. Trade and industrial has remained trajectory, largely due to a lack of supply of quality resilient throughout the last 12 months, largely down • Multi let to 11 tenants generating a total rental income industrial stock. to surges in e-commerce, food delivery services and of £814,178 per annum which reflects alow average home improvement. rent of £9.24 per sq ft. • Average rental growth forecasts in the south east currently stand at 3% per annum over the next 5 years. • Offers sought in excess of£16,060,000 (Sixteen Million • Attractive AWULT of 6.1 years to expiry and 3.4 years and Sixty Thousand Pounds) subject to contract and to break. exclusive of VAT. This reflects anet initial yield of 4.75%, after deduction of purchase costs of 6.73%, equating to a low capital value of £182 per sq ft. OXFORD I NUFFIELD TRADE PARK, OXFORD, OX4 6JS Northampton Bury St Neots St Edmunds CAMBRIDGE Stowmarket Stratford upon Avon Bedford M11 M1 Biggleswade Haverhill Newport Pagnell Evesham Sudbury Royston MILTON KEYNES Saron Walden M40 Letchworth Hitchin Stevenage Braintree Colchester Cheltenham Luton STANSTED Bicester Dunstable Bishop's LOCATION 9 A1(M) Stortford LUTON Welwyn Aylesbury Garden Witham Oxford is a historic and globally renowned university Kidlington City Hertford A40 Tring M1 M11 Witney Hemel St city in the South East of England located approximately Hempstead Albans Hatfield Harlow Chelmsford Maldon 56 miles (90 km) north west of London, 26 miles Thame Berkhamsted Cirencester (42 km) north of Reading, 63 miles (101 km) south OXFORD Amersham M25 of Birmingham and 68 miles (109 km) north east of Abingdon Watford Barnet High Wycombe Enfield Brentwood Chigwell Bristol. M40 Beaconsfield Rickmansworth M11 Rayleigh Didcot Basildon Southend-on-Sea Marlow Harrow Swindon M25 A34 Henley-on-Thames Maidenhead Slough Uxbridge CITY ROAD LONDON Canvey Island M4 Woolwich READING Richmond Tilbury Sheerness Oxford benefits from excellent road and public transport M4 Windsor HEATHROW Gravesend Chippenham Rochester communications. The A40 (dual carriageway), provides Bracknell Staines Kingston Swanley Newbury upon Thames Gillingham Sittingbourne direct access to the M40 at Junction 8 approximately 5 Melksham M3 Sutton M20 Chatham Faversham miles (8km) to the east and Cheltenham approximately Camberley Epsom Woking Trowbridge 42 miles (68 km) to the west. In addition, the A34 (dual Leatherhead Sevenoaks Maidstone carriageway) provides direct access to both the M40 Basingstoke Aldershot Guildford Dorking Redhill Oxted Reigate at Junction 9 approximately 11 miles (18 km) to the Andover Farnham Tonbridge north east and the M4 at Junction 13 approximately 22Warminste r M23 miles (36km) to the south. GATWICK Crawley Oxford also benefits from the “Oxford Tube” coach Haslemere Horsham service, which provides a 24-hour bus service to The EastSalisbury West Rail WinchesteLine ris a major transport project Crowborough Haywards London Victoria with a journey time of circa 1 hour 40 which will establish a direct railway link between Heath Romsey minutes. Petersfield Uckfield Oxford and Cambridge viaEastleigh Bicester, Milton Keynes The Oxford to Cambridge Expressway is a planned and Bedford. The Oxford to Bicester Village segment grade-separated dual carriageway between Oxford became operational in 2016 (fastest journey time of 14 (A34) and Cambridge (A14) via Milton Keynes which minutes) and engineering works are in progress on the will further enhance connectivity. Completion of the Bicester-Bletchley western segment. The line is due to project is expected by 2030. be completed by 2030 and will further improve the connectivity of the city. There are plans to re-open the Cowley Branch Line for RAIL passenger use, connecting local communities and key employment areas into Oxford and the wider railway Oxford railway station provides direct, frequent network. services to London Paddington with a fastest journey time of 50 minutes. At peak times, there are five direct AIR services per hour. London Heathrow Airport and London Gatwick Town/City Journey Duration Airport, the UK’s two busiest airports are located Reading 22 minutes approximately 44 miles (71 km) and 74 miles (119 km) south east of Oxford respectfully. Oxford International London Paddington 52 minutes Airport is located approximately 7 miles (11 km) north of Birmingham 60 minutes Oxford and offers services to around 250 destinations worldwide. Oxford International Airport is the fastest growing airport for business aviation in the UK. RARE SOUTH EAST MULTI LET TRADE COUNTER INVESTMENT OPPORTUNITY OXFORD - CAMBRIDGE ARC Oxford forms a key component of the Arc - an abbreviation for the Cambridge, Milton Keynes and Oxford Knowledge Arc. The Arc, home to world leading universities, science and technology companies is renowned globally for innovation and is of major importance to the UK. Home to the world-class universities of Cambridge and Oxford, the Arc has innovation and R&D embedded within its core, providing strong foundations for future growth. The Arc is already home to a large number of market leading global firms and is as an important incubator for new start-ups given the exceptional talent pools. The new housing and transport infrastructure planned for the Arc will be a catalyst for future growth, delivering one million new homes and 700,000 additional jobs in the area by 2050. This combination of dynamic business growth and extensive house building will underpin future demand and rental growth for industrial and trade counter units within a supply constrained market. THE FACTS Oxford has a growing and robust economy, catalysed by its world- renowned University and thriving tourism industry. Oxford University contributes approximately £5.8 billion per annum to the UK economy and supports more than 50,000 full time jobs. The University is also an important regional contributor, adding £2.3bn a year to the Oxfordshire economy and supporting 33,700 jobs in the county. Oxford is home to approximately 42,500 students split between Oxford University and Oxford Brookes, with c.43% coming from overseas. As one of the fastest growing cities in the UK, Oxford has a diverse and resilient economy and a highly qualified workforce, largely due to its highly regarded university, dominant bio-science sector and traditional manufacturing base including its renowned automotive industries where the iconic Mini is manufactured. A third of the population is between 18 and 29 and over 32,000 students attend its two universities. In terms of employment, over 4,500 businesses provide over 115,000 jobs in the local economy with the majority working within the health, education, research and technology sectors. Furthermore, Oxford is the tourism gateway to the rest of Oxfordshire and the Cotswolds, attracting approximately 7 million visitors per annum, generating £780 million of income for local Oxford businesses. In terms of overseas visitors to the UK, Oxford is the eighth most visited city for staying visits. OXFORD I NUFFIELD TRADE PARK, OXFORD, OX4 6JS Oxford Science Park To M40 DESCRIPTION Nuffield Trade Park comprises 18 industrial/trade counter units arranged across four terraces on a self contained site. Oxford Business Park The estate provides a total GIA of 88,117 sq ft (8,186.34 sq m) with individual unit sizes ranging from 2,879 sq ft (267.47 sq m) to 17,608 sq ft (1,635.84 sq m). Eastern Bypass The buildings are of steel portal frame construction with full height brick elevations A4142 and profile sheet roofing with translucent roof lights. The units benefit from the following institutional specification: • Full height level access loading doors Network Oxford • Hardstanding loading area to the front of each unit Track City • Dedicated staff / customer car parking bays • Eaves height of 4.9 metres • Ancillary office accommodation Internally the units have concrete floors and various tenants have constructed SUBJECT PROPERTY mezzanine floors, trade counters, display areas and other alterations within the buildings in order to suit their individual requirements.