Prodrive, Banbury

Size
Approximately 12 acres.

Location
The site occupies a prominent position fronting the M40 at Junction 11.

Tenant(s)
M&S have signed to anchor the shopping park.

Contact
Jon McCarthy
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Details

Prodrive, the world leading motorsport and technology group, is looking to significantly grow its business over the next three years, but has run out of space at its current site by the M40 on the Wildmere Industrial Estate. LXB have purchased The former Hella site in Banbury for Prodrive to relocate to subject to securing a retail planning consent on the company’s current headquarters.

LXB’s purchase of Hella will facilitate Prodrive’s relocation to a much larger site within Banbury. The former Hella manufacturing facility (the Hella site) which is currently vacant was acquired by LXB for £8.35m excluding costs. Prodrive will acquire the Hella site from LXB on completion of the latter’s purchase of the existing Prodrive site.

A resolution to grant planning permission was given on 22 March 2012.

Please see the link below for more information on the site:

http://www.prodrive.com/level2.html?id=78