Thames Tap understands an 11-acre retail and office park in Oxford has gone under offer to Brockton Capital.

Seacourt Tower in Botley, owned by British Aerospace Pension Fund Trustees, represented by London-based Morgan Williams, is believed to be under offer of around £75 million to £80m.

The 80,000 sq ft of retail where occupiers include Decathlon, Sports Direct and Dreams, and neighbouring 90,000 sq ft of offices known as Midland House, whose occupiers include Knights plc and Optical Express, has been promoted as a potential development opportunity.

On the retail park, one unit was vacated by Homebase and a plan has been submitted to Vale of White Horse District Council to split it into five.