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ROBORACE ELECTRIFIES BANBURY & THE M40 CORRIDOR
W
hite Commercial Surveyors, in yet a further transaction exemplifying their involvement and expertise in the automotive technology sector, have just let the ex-Manor F1 headquarters to Roborace.
Manor F1 went into administration in 2017 with the loss of 212 members of staff. Roborace
www.roborace.com, the cutting edge technology business and creator of the world’s first driverless electric racing platform, have just moved into the premises which is situated at junction 11 of the London to Birmingham M40. The building, comprising 39,000 sq.ft (incorporating over 9,000 sq.ft of offices) will act as Roborace’s new HQ.
The platform will see teams competing using their autonomous software in Robocar - designed by Daniel Simon the automotive futurist who has previously created vehicles for Tron Legacy and Oblivion. Simon, Roborace’s Chief Design officer, commented: “Roborace opens a new dimension where motorsport as we know it meets the unstoppable rise of artificial intelligence (AI)”. The car uses a number of technologies to drive itself including radar, lidar, ultrasonic sensors and AI cameras. Roborace partner with Formula E and have run demonstrations of autonomous technology on city street circuits around the world using their development “DevBot” cars. Chris White, Managing Director of White Commercial, comments: “The M40 and this region continue to be a world leader in the automotive technology field following Mercedes Petronas’ and Red Bull’s recent dominance of F1. The area provides a hub for the automotive and motorsport industry and boasts exceptional talents and skills in a variety of industries from engineering to specialist materials. Roborace is to add a further dimension to the development of the industry”.
CHICHESTER T
he RO is pleased to announce that they have completed the purchase of 31-33 East Street, Chichester, for £4 million from M&G Real Estate. The property comprises two prime retail units over ground and basement levels, with three self-contained residential flats and a maisonette above, which are all fully let on assured shorthold tenancies. This property is located in an extremely desirable prime pitch on the north side of East Street, within Chichester’s pedestrianised retail core Nearby occupiers include Marks & Spencer, Next, Topshop, H&M, New Look, Clarks and River Island. The retail element is let to respected
high end women’s fashion retailer Gerry Weber and award winning chocolatier Hotel Chocolat. Access to the residential elements of the property is provided via Little London which is home to a number of boutique shops and cafés. Chichester is a historic cathedral city
situated on the south coast of England. The city is a popular retailing and tourist destination and benefits from excellent road and rail communications located adjacent to the A27 dual carriageway and close to the A3(M) and M27 and with a frequent direct train services to London.
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COMMERCIAL PROPERTY MONTHLY 2017
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