Lateral and the Devonshire Group unlock value at Trinity House, Oxford Business Park

Lateral, in partnership with DG, has successfully realised value from Trinity House, a 1.7-acre site at Oxford Business Park, through its innovative repositioning for life sciences. The site has been sold to Breakthrough Properties for £41 million, enabling the next phase of development in one of Oxford’s leading science and technology clusters.

Originally an office-led location with no laboratory facilities, Trinity House lacked a clear pathway into life sciences. Lateral, working on behalf of DG, developed a demand-led business plan and feasibility studies that demonstrated the potential for science-led development, unlocking both value and liquidity for its partner.

Rob Beacroft, co-founder of Lateral, said:

“Trinity House was a complex site with significant untapped potential. Our work for DG proved the case for science-led development, creating a clear pathway to unlock value. We are pleased to see the next phase of the site’s transformation underway.”

Through detailed research, feasibility testing, and design work, Lateral mapped occupier requirements and outlined how the site could evolve to deliver high-quality laboratory and R&D facilities. The work provided DG with confidence to realise the value of their asset, while setting the stage for Oxford Business Park’s ongoing evolution into a science and technology hub.

The Trinity House project illustrates Lateral’s expertise in unlocking underutilised assets for science and technology, demonstrating how research-led planning can create both strategic and financial value for partners.

Image: Trinity by Breakthrough Properties