Carter Jonas secures major letting on last phase of Witney scheme
Date of Article
Nov 08 2023
Commercial sectors

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@ Jon Silversides
Jon Silversides
Business Space Agency - Oxford
01865 404458 email me about Jon

Three career highlights:
Over a career spanning nearly 30 years involving all forms of property from a nuclear bunker through to the vast majority of the County’s main business schemes, it is difficult to choose just three highlights; the following are certainly are worthy of note:

Letting acquisition, for SkyCaddie, at Haddenham: 
I have chosen this as we were presented with a challenging brief by our client but I was able to use my market knowledge to unearth an off market opportunity that we subsequently acquired on very favourable terms.

Sale of Foxcombe Hall, Oxford: It is not often you get to market a University Campus and, as such, our disposal of the former Open University Campus at Boars Hill has been a highlight, working alongside our residential team on this high profile instruction.

Letting Instruction, Silverstone Park: I am currently leading this letting instruction on behalf of MEPC, where we have been responsible for over 200,000 sq ft of lettings in the past 12 months and I enjoy helping guide the park’s future development form, alongside the wider team.   

I can provide advice on:

Acting on behalf of NFU Mutual, Carter Jonas has let the first and largest building on the last phase of the Tungsten Park scheme in Witney.

Totalling 74,000 sq ft, Unit 12 has been let to a local long-standing company to facilitate their growing occupational needs. 

Phase 3 at Tungsten Park comprises four buildings jointly totalling 169,000 sq ft, comprising high-quality warehousing and industrial accommodation. The scheme completes the overall 24-acre site, which has a combined development total of 469,000 sq ft of space.

Anne Hurrell, Property Asset Manager at NFU Mutual, said: “We are delighted to welcome our first tenants to Tungsten Park. As a top 10 UK insurer, we are passionate about making long-term investments in communities that will benefit local economies for years to come.

“Tungsten Park provides a quality space for businesses to grow and thrive. We look forward to filling the remaining units, helping provide sustainable profitable growth for our members while benefiting the local economy in Witney and the surrounding Oxfordshire area.

Jon Silversides, Head of Commercial Agency, Carter Jonas Oxford, added: "Given the shortage of industrial opportunities in West Oxfordshire, it is imperative that we can facilitate the growth needs of a major, long-established Witney businesses such as this.

Tungsten Park