January 2021
Croudace Properties has acquired the multi-let office, retail and leisure investment at Oxenford House, 13-15 Magdalen Street, Oxford.
Oxenford House is located in the heart of Oxford, close to the Ashmolean Museum and Balliol College. It comprises a basement nightclub, ground floor restaurant and café premises, and 4 floors of offices above, comprising approximately 17,000 sq ft in total.
‘’The property provides an immediate opportunity to add value through refurbishment or change of use of the vacant upper floors’’ said Aaron Glover, Director of Croudace Properties. “Oxford offers occupiers a whole host of world class amenities and infrastructure and is set for significant rental growth. Usually a very constrained investment market, we believe we have capitalised on a brief window of opportunity in a market disrupted by the COVID pandemic. We are delighted to have secured this opportunity for long term investment in central Oxford.”
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