The construction of Spencer Court comprises 19 fully furnished flats housing 91 hospital staff, and forms part of a wider transaction to provide accommodation for approximately 440 members of NHS staff, located across two hospital sites.

The remaining part of the scheme is currently under construction and on completion in 2025 will provide a further seven apartment buildings with a variety of unit sizes and communal spaces. 

The project, a collaboration between Oxford University Hospitals NHS Foundation Trust, Oxford Hospitals Charity and A2Dominion, provides hospital staff with quality rental homes within walking distance of their work. 

The accommodation provides staff with affordable rents and helps with the recruitment and retention of staff. The flats have added to the overall amount of staff accommodation provides and is part of a wider and ongoing initiative by the Trust to deliver more affordable homes to its staff. 

Carter Jonas advised on long ground lease terms in respect of the transaction which is based on an agreement for lease triggering the long-term ground lease on completion with an initial premium sum paid. We also assisted the Trust with delivering vacant possession of the Spencer Court site through the successful relocation of previous storage uses.