Today, Friday, 23rd November 2018, James Batterbee, Senior Project Manager at Readie Construction handed over two new warehouse units at Suffolk Park, Bury St Edmunds to Ben Oughton, the Development Director of Jaynic.
The two units of 147,241 sq ft and 206,491 sq ft respectively, on a 19-acre plot at Suffolk Park, are available for immediate occupation.
The BREEAM excellent development has a 12.5 m clear height, 50m deep service yards, level access and dock loading together with high quality ancillary offices. These units are the first to be constructed on the 114-acre park that has planning consent for 2m sq ft.
Ben Oughton, development director at Jaynic, said: “this is a great opportunity for a company needing immediate warehouse facilities right on the A14 with its fast connections into the UK motorway network. There are no other developments in the region of this size and quality for companies to move into straight away and, already, we are having conversations with potential occupiers and are meeting with a very positive response.”
Suffolk Park has already secured local companies Treatt, to develop a new 200,000 sq ft global headquarters complex, and Sealey to take a 7.5-acre site for expansion. An added benefit is that 37-acres of the park are within New Anglia’s Enterprise Zone. Qualifying occupiers can obtain up to £55,000 per annum of business rates relief for five years totalling £275,000. This is a major plus for Suffolk Park and a great incentive for expanding companies in the region to consider.
The development is part of a broader multi-partner initiative with St Edmundsbury Borough Council and housebuilder Taylor Wimpey to support a range of new and existing businesses in the Bury St Edmunds area and to continue to create jobs and prosperity.
Jaynic has appointed Bury St Edmunds based Hazells Chartered Surveyors as agents for the scheme and interested parties should contact either Jonathan Lloyd or Richard Pyatt on 01284 702626. Hazells are joint agents with Cambridge agents Bidwells with Patrick Stanton as agency lead tel: 01223 841841. Savills London’s logistics department are working alongside Hazells and Bidwells on the logistics development. John Madocks Wright can be contacted on 0207 4098151. For further information www.suffolk-park.uk
ENDS
FOR FURTHER INFORMATION:
Richard Aylwin
ACL
Mob: 07966 018252 Tel: 0207 832 6450
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