Oxford City Council owns the freehold of 1 Floyds Row and Old Mortuary adjacent (“the Properties”). 1 Floyds Row is currently being used for file storage to support the Archive Scanning Project until Spring 2027. The Old Mortuary is leased to Oxfordshire Council for Voluntary Action on a 25 year lease expiring in January 2027. The Properties are held for investment purposes.

In anticipation of the Archive Scanning Project ending in Spring 2027 and 1 Floyds Row becoming vacant, options have been considered against the objective of maximising the return to the City Council as soon as possible. After an off market approach some market testing was done to understand the likely market interest. A number of parties showed interest and a best bids process was run in January 2026 in order to capitalise on strong initial interest.

An attractive offer has been received and it is recommended that the City Council accepts the offer and proceeds with the sale of the Properties.