Banbury Point was owned by a major institution who had been promoting the site for Car Showroom use; yet Minns Network Developments saw the potential to attract a major high profile corporate occupier, on the 6.5 acre site adjacent to J11 of the M40.
Minns Network Developments approached AC Lloyd who supported the purchase of the site. Working closely with AC Lloyd, Minns Network Developments orchestrated a fresh employment planning consent and then together with the retained agents promoted the site. This resulted in securing a £10m pre-sale to Kärcher UK of a mixed use building of Offices, Academy, Retail and Warehouse uses totalling 85,000 sq ft.
The project is being constructed on a design and build basis with the anticipated completion date of Spring 2016. The project is currently out to tender and a start on site anticipated in June 2015.