White Commercial Surveyors and Colliers International have agreed a simultaneous surrender for their clients Vodafone to Dematic Ltd.
Dematic Ltd are to take the 43,000 sq ft Balliol House office building on the ex-Church Commissioners/Oxford and Cambridge Estates Development at Banbury Business Park – developed in 1988.
White Commercial Surveyors and Colliers are also acting for XLB Properties, the owners of Pembroke House, (Vodafone Retail previous UK Headquarters) – a 40,000 sq ft standalone office building. A new letting has just taken place to Bibby Financial on the first floor with the ground floor to be refurbished and providing quality office suites of 6,000 – 18,000 sq ft.
Chris White comments: “There are few large quality office buildings along this strategic section of the London to Birmingham M40 motorway”.
White Commercial are also instructed by the Church Commissioners and JLL on the sale of the last 5.8 acres of the Business Park – which is suitable for office, industrial or technology style occupiers.
