Sale of Kingfisher Court
The property comprises a two storey office pavilion of 14,300sq.ft on a business park to the north of Oxford and is let to the Thames Valley Police on a lease expiring in February 2017.
As the property forms part of their HQ location as it was felt that they would be likely to stay, albeit discussions to re-gear the lease met with limited success.
Subsequently, to assist in establishing the tenant’s intentions, the property was openly marketed for sale, jointly by Capita and Cordatus in late 2011 and this succeeded in bringing forward the tenant, who has now completed the purchase the freehold of the property at a figure significantly above business plan expectations.
