Oxford Trust finds new home at Blue Boar Court

The Oxford Trust has agreed a new 10-year lease on Blue Boar Court in Oxford city centre. The trust, established by co-founders of Oxford Instruments, the late Sir Martin and Lady Audrey Wood, has taken 13,000 sq ft in the building to house its Oxford Centre for Innovation. Average office rents in Oxford are around £40 per sq ft, according to EG Radius Data. The centre, which aims to support the growth and development of local science and tech start-ups, is relocating from Macclesfield House. Steve Burgess, chief executive of The Oxford Trust, said: “This is a pivotal moment for us and the growing community of entrepreneurs in Oxford. The new location of the Oxford Centre for Innovation will not only provide start-ups with the space they need to scale but also strengthen Oxford’s position as a world-class hub for science and technology innovation. “We are proud to play a role in fostering this ecosystem and excited to welcome a dynamic group of start-ups to our new centre.” He added: “The move aligns with The Oxford Trust’s mission of supporting Oxfordshire’s innovation economy, driving high-quality job creation, and contributing to the UK’s leadership in research and innovation. “With proximity to the University of Oxford and other key academic and research institutions, the new location of the centre will enable collaboration between start-ups and world-leading researchers, creating opportunities for cutting-edge breakthroughs.” The new centre is expected to be ready for occupation from March 2025. CBRE advised on the deal. See lettings information for Oxford >> Photos © The Oxford Trust