The Phoenix Trail is a 7-mile (11 km) footpath and cycleway which runs between the market towns of Thame in South Oxfordshire and Princes Risborough in Buckinghamshire, passing through the villages of Towersey and Bledlow.

The line through Thame remained open until 1991 to serve an oil depot based in the town.

As well as cyclists and walkers, the route is suitable for wheelchair and pushchair users, as it is flat and surfaced with seating every 500 metres.

The first 2.5 miles (4.0 km) out of Thame are surfaced with tarmac and the remainder with compacted limestone dust.

There is a collection of 30 sculptures built by Angus Ross and six furniture students from Thame's Rycotewood College, which draw on the trail's railway heritage and the landscape towards the Chiltern Hills.