Detailed designs for three new interconnected buildings which will be YASA’s new UK headquarters at the 444-acre Bicester Motion development in Oxfordshire have been approved by Cherwell District Council.
YASA, a spin-out from the University of Oxford and wholly owned by Mercedes-Benz Group, is pioneering new electric drive technology. It has agreed a 15-year lease to prelet its new HQ, which will total 88,000 sq ft.
A reserved matters application, with bespoke detailed designs, layout and landscaping to enable YASA to continue its R&D and growth strategy, have been approved. Construction is now due to start on-site in July, with practical completion targeted for spring 2025.
Daniel Geoghegan, chief executive at Bicester Motion, said: “YASA has impressive plans to continue accelerating its business in Oxfordshire, the unrivalled home of world-leading automotive technology and mobility brands. We look forward to progressing with construction to deliver for YASA. We continue positive discussions with a range of future mobility and advanced technology companies for our remaining new buildings.”
Adalta Real represented Bicester Motion on the deal; Adalta Real and Bidwells are letting agent on the estate.
Send feedback to Samantha McClary
Follow Estates Gazette
