(Bicester, UK – Wednesday 18th November 2020): Specialist property experts Lee Baron are to provide property and facilities management services for Phase One at Axis J9 Bicester.
Phase One consists of five distribution and production units ranging from 23,000 sq ft to 65,000 sq ft located just 3 miles from J9 M40 and 1 mile from Bicester Village. With close to 10,000+ planned new homes, the units have been built to a high specification and include large loading bays with up to six docks, dedicated parking areas, office space, solar power and passenger lifts.
As part of its remit, Lee Baron has assisted with the drafting of the service charge provisions of the proposed leases and the preparation of the vacant and occupied service charge budgets. The firm will continue to supply health and safety compliance regulations, as well as maintenance, 24/7 security and energy provision services.
Planning permission for Phase One is for B1, B2 and B8 uses without hour of use restrictions. Units 1 to 5 will be offered to lease whilst units 8 to 14 of Phase Two are now all occupied via freehold or leasehold arrangements. Phase Three will be built to match individual occupier requirements with units ranging from between 100,000 sq ft and 250,000 sq ft and will be available freehold or leasehold.
Robert Hobson, Director, Lee Baron, said: “We feel privileged to have been granted this opportunity to provide our expertise and service delivery for this major distribution and production development. We look forward to working closely with Ergo Real Estate, the asset manager on this ongoing project, to deliver a state-of-the-art facility in what will serve as a key regional production hub. We certainly hope to continue our working partnership following the completion of Phase One”.
Leigh Burnett, Asset Manager, Ergo Real Estate, said: “Bicester is ideally located just off the M40 and Axis J9 provides high-spec buildings at excellent value occupational costs. We look forward to working with Lee Baron to ensure that this important new facility at Bicester is managed to the highest standard for the benefit of our tenants going forward”.