ABC Guide-JAN2012.cdr - Bankier Sloan

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INTRODUCTION I am delighted to report that the last few months of 2011 has seen the start of the long awaited development adjacent to the M40, with plans recently announced for further expansion of this site. Some of the jobs being created are new to the area. Some are as a result of the relocation of existing companies who will leave behind, in one case, a number of medium sized industrial units on Thorpe Way Industrial Estate. Banbury is not a reflection of the UK economy as portrayed by many national newspapers, parts of the local economy are progressing well. I was interested to read in the autumn of 2011 the plans for Prodrive, one of the regions great success stories. Their plans to take over the former Hella building can only be applauded. On a personal note however I was saddened to read of the plans to re-develop their existing site for retail use. Their move could leave behind a considerable number of small factory units, developed as they were in the mid 1980's to support local enterprises. The site was not developed with a single user in mind, as even a casual observer will appreciate. It is nearly 10 years since any developer has constructed small workshop units within the town, and maybe a way could be found to create a local enterprise zone on the current Prodrive site to encourage start-up industry. I appreciate the proposed plans for the site show nearly 700 jobs in the retail sector, but would it not be better to have 350, or even 250, involved in industry, creating added-value and therefore maybe a greater benefit to the local economy? The Castle Quay Shopping Centre and the Banbury Retail Park already provide major retail th outlets. I wonder whether the town really wants, needs, or is even geared to have the 9 largest M & S in the th country. Do we want, or need, even the 59 largest such store? It must by its very nature be aiming to be a regional pull. With everyone looking at the environmental impact of such developments do we want to encourage motorway travel to a shop? I would like to see a serious debate asking whether a new industrial job zone would not be more beneficial for the town. I hope those in authority will take-up this debate. It would in my opinion, be sad to see the demise of some exceptional small industrial units that are less than 25 years old. The last decade has seen the loss of much local manufacturing industry. Many local skills are in place. Here is an opportunity to support and encourage small scale enterprise. January 2012 BANKIER SLOAN Chartered Surveyors Centrepoint, Chapel Square, Deddington, Banbury, Oxon, OX15 0SG Tel: 01869 338866 email:reception@centre-p.co.uk www.centre-p.co.uk PRIME INDUSTRIAL LOCATION Thorpe Way, Banbury OX16 4SP. 10,000 sq ft Workshop & Offices plus 2,000 sq ft Mezzanine Floor. Offers in the region of £700,000 plus VAT. Unit 20, Thorpe Place. 1,500 sq ft Workshop and Offices. New Lease. £11,000 per annum. Ian B <strong>Sloan</strong> FRICS BANKIER SLOAN 11,200 sq ft Storage Unit. Secure location within 4 miles of Banbury Town Centre. New Lease. Rents between £2.50 / £3.75 per sq ft per annum.
BANBURY o TOWN CENTRE BANBURY OFFICE VILLAGE DEDDINGTON CHERWELLBUSINESS VILLAGE TESCO HORTON HOSPITAL HARDWICK BUSINESS PARK POWERPARK MIDDLETON CLOSE Reproduced with the permission of BANKIER SLOAN, the longest established Chartered Surveyors / agents in North Oxfordshire dealing exclusively in office, industrial and retail property....established in 1984. Tel: 01869 338866 Fax: 01869 337146 Mobile: 07831 338111 www.centre-p.co.uk o o o CENTRAL M40 BUSINESS PARK Cotefield Business Park is approximately half a mile south of the Horton Hospital
Page 1: INDUSTRIAL ESTATES BANBURY A-B-C GU
Page 5 and 6: TOWN CENTRE INDUSTRIAL LOCATIONS MO
Page 7 and 8: BEAUMONT ROAD INDUSTRIAL ESTATE AND
Page 9 and 10: THORPE WAY INDUSTRIAL ESTATE & OVER
Page 11 and 12: WILDMERE ROAD INDUSTRIAL ESTATE ___

ABC Guide-JAN2012.cdr - Bankier Sloan

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