DEMOGRAPHICS

Manufacturing and distribution are well established in Cherwell District. There is good employment demand in the area with approximately 4,800 residents seeking job opportunities.

The area benefits from above-average employment levels in skilled trades, sales and customer service sectors. Process plant and machine operatives and technicians are also well represented.

POPULATION

Number of residents

149,200

Population aged 16-64
Male 46,000 (49.9%)
Female 46,100 (50.1%)

92,100

Average annual income
(median pay for full time workers)

£31,876

AFFORDABLE LABOUR SUPPLY

The average weekly pay for a full time worker in Banbury is less than other comparable South East locations.

This equated to an average saving of £3,432 per employee per annum in comparison with Watford, and would therefore show an annual saving of £343,200 per 100 employees.

AVERAGE WEEKLY PAY (2018)

PLANNING

Detailed consent has been granted for B2 and B8 uses on FP210 (210,000 sq ft) and Plot B (142,000 sq ft).
Plot C benefits from an outline consent for up to 165,000 sq ft of B2 and B8 uses.

LOCATION

Frontier Park, Banbury is perfectly situated to serve the East & West Midlands, London and the home counties. It offers occupiers an unrivalled location adjacent to J11 of the M40 Motorway whilst providing excellent roadside frontage to one of the busiest UK Motorways.

Banbury is home to a number of major national occupiers including DHL, Amazon, The Entertainer, Bidvest, HelloFresh, Kraftfoods and Prodrive.

Frontier Park comprises a prime opportunity within an established employment location.

SPECIFICATION