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A tale of two submarkets: Oxford’s industrial market faces diverging trends as Cherwell vacancies surge

Accessibility and cost emerge as the key drivers of supply and demand around the city of dreaming Spires
CoStar Analytics
October 29, 2025 | 7:47 AM

Industrial property performance across Oxfordshire is increasingly defined by a tale of two submarkets. While Cherwell, anchored by Banbury and Bicester, is grappling with rising vacancies amid a wave of new development, Oxford Core remains one of the tightest and most expensive industrial locations in the UK, constrained by land scarcity and competing uses.

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News | A tale of two submarkets: Oxford’s industrial market faces diverging trends as Cherwell vacancies surge