Retail Space FOR RENT in Magdalen Street Northgate Quarter, Oxford, Oxfordshire

Property Description

Magdalen Street Northgate Quarter – 119,350 sq ft Department Store To Let – Price on Application
Magdalen Street in Oxford’s Northgate Quarter, OX1 3AA, offers a highly prominent opportunity: a 119,350 sq ft department store, available to let under Use Class E(a). Positioned at the junction of Magdalen, George, and Cornmarket streets, the site is anchored on the ground and basement levels by strong national occupiers including Sainsbury’s (7,476 sq ft), Tesco (27,872 sq ft), Wendy’s (3,733 sq ft),Turtle Bay (2,303 sq ft), and Cosmo Restaurants (10,207 sq ft), ensuring a well-established retail catchment and dynamic consumer environment.
Consisting of approximately 170,000 sq ft spanning multiple buildings that also accommodated Debenhams in upper floors. Proposals are now progressing to convert much of the upper floors into life science and innovation space, demonstrating significant added-value potential.
Oxford's retail market remains robust, with prime pedestrian pitch zone A rents at Cornmarket commanding circa £235–£260 per sq ft and Queen Street around £200–£220 per sq ft. The average asking rent of standard retail units across Oxford is approximately £33–£35 per sq ft. Given the unique scale and location of this department store, it will be marketed on a Price on Application basis, with precise rent levels available upon enquiry.
This vacant department store offers an exceptional opportunity for an anchor retailer, entertainment-led operator, or mixed-use developer seeking a flagship presence in Oxford’s prime shopping district. Its scale, prominence, and flexibility combine to provide a highly strategic acquisition or letting opportunity.
Size: 119,350 sq ft (Ground and Basement)
Use Class: E(a)
Price: Price on Application
All areas and figures are approximate and subject to contract. Interested parties should verify all details through formal due diligence.
Please contact Fraser Bond for access to full leasing information, rental benchmarks, site plans, and to discuss tailored occupation strategies, including multi-level use.