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News

1st June 2018

Jaynic appoints major East Anglia agency as joint agent to continue marketing success at Suffolk Park, Bury St Edmunds

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Jaynic Properties, the developer of the 114-acre Suffolk Park scheme at Bury St Edmunds has appointed major East Anglian property agency Bidwells as joint agent to continue its current marketing success.

Bidwells will work alongside existing retained global real estate consultancy Savills and local Bury St Edmunds agency Hazells. 

Ben Oughton, development director of Jaynics, said: “We are delighted to have Bidwells on board with its strong reputation in East Anglia and to continue the excellent work of Savills and Hazells. We have had a tremendous start with site sales to Treatt and Sealey and the commencement of construction on two new speculative logistics warehouses which the agents are now actively marketing.”

Patrick Stanton, Head of Bidwells Logistics & Industrial Team, said: “We are thrilled to have been appointed on this exciting new development at Suffolk Park. East Anglia has an enduring shortage of good quality larger warehouse accommodation which Jaynic is addressing with these two speculative units. 

“The remaining land is capable of delivering a single ‘mega-hub’ of up to 800,000 sq ft together with a further 37 acres which has been designated as an Enterprise Zone which will provide occupiers with substantial savings on their business rates,” adds Stanton.

Suffolk Park which is adjacent to the A14 with its excellent links into the national motorway network and the port of Felixstowe has outline planning consent for up to 2m sq ft of logistics, manufacturing and business space. Treatt has bought a 10-acre site on Suffolk Park’s enterprise zone for its global headquarters, with Sealey purchasing a further 7.5 acres. 

The new major estate road and landscaping have recently been completed and Jaynic, in partnership with major global financing institution PGIM, is developing two major speculative logistics units, a 147,000 sq ft and a 206,000 sq ft to cater for known demand in the region. 

The development is part of a broader initiative with St Edmundsbury Borough Council and housebuilder Taylor Wimpey to support a range of new and existing businesses in the popular Bury St Edmunds area and to continue to create jobs and prosperity.

Agents for Suffolk Park are global real estate advisors Savills, Cambridge agents Bidwells and local agent Hazells.

www.suffolk-park.uk

ENDS

For further information:

Richard Aylwin

ACL

Mob: 07966 018252 Tel: 0207 832 6450

29th May 2018

Sealey the major Bury St Edmunds employer buys 7.5-acre site for expansion at Suffolk Park, Bury St Edmunds

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Sealey, one of the largest suppliers of garage and workshop equipment in the UK, has bought a 7.5-acre site at Suffolk Park, Bury St Edmunds, Suffolk, for expansion.

The company employs 400 people and already occupies in excess of 440,000 sq ft of property around Bury St Edmunds. It has made this strategic acquisition to facilitate future growth and will be working up a planning application for a new facility in the near future.

Ben Oughton, development director at Jaynic the developer of Suffolk Park, said: “The Sealey acquisition is good example of the strong interest being shown by both local, regional and national occupiers, in Suffolk Park, which is adjacent to the A14 with its excellent links into the national motorway network.”

Mark Sweetman, managing director of Sealey, said “We are focused on continuing the growth of our business and this acquisition will enable us to expand our property footprint in line with our strategic plans. We are excited about what the future holds and the additional employment opportunities that will be created locally.”

Councillor John Griffiths, Leader of St Edmundsbury Borough Council, said: “It is great to see that our work to secure the Eastern Relief Road and with it the availability of land to expand, has meant that another one of our successful local businesses is able to not only plan for its future growth, but in so doing, is also able to further strengthen its commitment to this wonderful part of West Suffolk. In the long term this is about helping businesses grow and create new jobs, new skills and greater opportunities for the communities that we represent. So we welcome news of this sale and we look forward to looking at the detail of the planning application in due course.”

Suffolk Park already has planning consent for up to 2m sq ft of logistics, manufacturing and business space. Treatt another major Bury St Edmunds company has bought a 10-acre site on Suffolk Park’s enterprise zone for its global headquarters, the new major estate road and landscaping have been completed this month and Jaynic, in partnership with major global financing institution PGIM, is developing two major speculative logistics units totalling 350,000 sq ft to cater for known demand in the region.

The development is part of a broader initiative with St Edmundsbury Borough Council and housebuilder Taylor Wimpey to support a range of new and existing businesses in the popular Bury St Edmunds area and to continue to create jobs and prosperity.

Agents for Suffolk Park are Global Real Estate advisors Savills and local agent Hazells.

www.suffolk-park.uk

ENDS

For further information:

Richard Aylwin

ACL

Mob: 07966 018252 Tel: 0207 832 6450

21st May 2018

Construction starts on two speculative logistics units totalling 350,000 sq ft at Suffolk Park, Bury St Edmunds, Suffolk

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Councillor John Griffiths, Leader of St Edmundsbury Borough Council, today, 21st May, dug the first trench to commence construction of two speculative warehouse buildings at Suffolk Park, Bury St Edmunds, totalling 350,000 sq ft.

The £13m construction contract has been awarded to Readie Construction Ltd for the two units of 147,241 sq ft and 206,491 sq ft respectively on a 19-acre plot which will be ready for occupation in November this year and Jaynic is ready to talk to potential tenants.

The BREEAM excellent development has a 12.5 m clear height, 50m deep service yards, level access and dock loading together with ancillary offices. These units are the first to be constructed on the 114-acre park that has planning consent for 2m sq ft. www.suffolk-park.uk

Councillor Griffiths, said: “These two new units will help provide a range of opportunities both for existing local businesses looking to expand, and for businesses outside of the area wishing to relocate to West Suffolk. This will in turn help to create new jobs and new opportunities for our residents and continue to ensure that West Suffolk remains a great place both to live and to work.”

Ben Oughton, Development Director with Jaynic, comments: “This is a big day for us at Suffolk Park. Having just completed development of the infrastructure, we are now starting construction of the first two units on site giving potential occupiers the opportunity to move in at the end of this year. This means we are ahead of the game and believe we are the only scheme in this region that will have warehouses ready to occupy in 2018,” adds Oughton.

Paul Stephens MD of Readie Construction said: “We are extremely pleased to be undertaking the construction of the two new units at Suffolk Park and understand the significance of the scheme to our client Jaynic and the surrounding stakeholders. We look forward to delivering the project and engaging with the local community however and wherever possible”.

Jonathan Lloyd of Hazells Chartered Surveyors, the Bury St Edmunds based retained agents for Suffolk Park, said: “We have already completed one significant deal at Suffolk Park with a large local company and another one just about to be announced, and these two new speculative units are the next step in its development. We now move onto the next stage of reaching out to the big logistics and other business occupiers seeking representation in the eastern region. These units will be ready for occupation by November 2018 and we are keen to speak to occupiers now about their requirements,” added Lloyd.

Global real estate advisors Savills in London are appointed alongside Hazells as letting agents for the scheme. 

The development is part of a multi-partner initiative with St Edmundsbury Borough Council and housebuilder Taylor Wimpey to support a range of new and existing businesses in the popular Bury St Edmunds area and to continue to create jobs and prosperity.

For further information contact retained agents:

Savills 0207 4098817 Hazells 01284 702626

ENDS

For further information:

Richard Aylwin

Mob: 07966 018252 Tel: 0207 832 6450

14th May 2018

St Edmundsbury Borough Council leader, John Griffiths, opens main estate road at Suffolk Park, Bury St Edmunds

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Today, Monday, 14th May 2018, Councillor John Griffiths, the leader of St Edmundsbury Borough Council, opened the new main estate road at Suffolk Park, Bury St Edmunds which has been completed along with all water, electricity, gas, drainage and telecoms services together with landscaping at the 114-acre park.

The road opening will be followed shortly by the start on site of two  major speculative units totalling 350,000 sq ft which will be completed before the end of 2018 to cater for the strong demand in the area.

Also, a deal for the sale of a 7.5-acre site to a local employer to accommodate expansion is shortly to be announced.

Ben Oughton, development director at Jaynic, said: “the opening of the main estate road, infrastructure services and landscaping brings Suffolk Park a step closer to creating a complete working environment for occupiers and, in addition to local company Treatt who will be building its new global HQ on the park’s enterprise zone, negotiations are progressing well with other companies. 

“The quality of the environment is very important to us. We believe that this investment will appeal to potential occupiers and their employees,” adds Oughton.

Councillor Griffiths, said: “I am delighted that St Edmundsbury has been able to support this key part of the development at Suffolk Park, a new road and landscaping which in time will serve both the expansion of existing successful local businesses, and help attract new ones to this wonderful part of West Suffolk. This will enable the creation of new jobs and new skills all of which will help both the economy and the prosperity of our local communities and help ensure that West Suffolk continues to be a success story for generations to come. It is great to hear that negotiations are progressing well with other companies and I look forward to more announcements over the weeks and months ahead.”

The estate road contract was undertaken by Jackson Civils and the landscaping contract by Aspect Landscape to designs by Indigo Landscape Architects which includes 500 trees, 1.25 miles of hedge, 500 saplings and 22,000 route shrubs.     

Picture attached:

L-R: Jason Newman, Cllr John Griffiths, Ben Oughton, Nic Rumsey

FOR FURTHER INFORMATION:

Richard Aylwin

ACL

Mob: 07966 018252 Tel: 0207 832 6450

Jaynic and PGIM real estate partner to develop two logistics units totalling 350,000 sq ft at Suffolk Park, Bury St Edmunds, Suffolk

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Construction of the first two warehouse buildings at Suffolk Park, Bury St Edmunds is set to start at the beginning of May following the signing of a partnering agreement between the developer Jaynic and PGIM Real Estate acting on behalf of institutional investors.

A £13m contract has been awarded to Readie Construction Ltd for the two units of 147,241 sq ft and 206,491 sq ft respectively on a 19-acre plot which will be ready for occupation in November this year and could bring a jobs bonanza to Bury St Edmunds.

PGIM is providing the majority of the loan finance for the site acquisition and development. Forecast rental values are £5.95 per sq ft based on standard FRI lease.

The BREEAM excellent development has a 12.5 m clear height, 50m deep service yards, level access and dock loading together with ancillary offices.

Ben Oughton, Development Director with Jaynic, comments: “We are delighted to have partnered with PGIM Real Estate for this project. These units will form the only speculative development in this area currently being undertaken. It will provide much needed stock that can be delivered before the end of 2018 and setting the scheme apart from other development sites in the vicinity, where lead in and occupation lags by anywhere between 12 – 24 months,” adds Oughton.

John Griffiths, leader of St Edmundsbury Borough Council, said: “I am pleased to see that there is market confidence to invest in and build these units. Alongside Treatt which is expanding onto Suffolk Park, these two new units will help provide a range of opportunities both for existing local businesses looking to expand, and for businesses outside of the area wishing to relocate to West Suffolk. All of this will of course create new jobs and new opportunities for our residents and continue to ensure that West Suffolk remains a great place both to live and to work.”

Jonathan Lloyd of Hazells Chartered Surveyors, the Bury St Edmunds based retained agents for Suffolk Park, said: “The speculative build of these two units is a truly significant investment into the local and regional commercial property market and underlines strong confidence in Bury St Edmunds as a place to do business. We are confident that with this forward thinking initiative by the developer and their funder, these units will help satisfy some of the underlying demand for logistic and warehouse space within the region.”

Global real estate advisors Savills in London are appointed alongside Hazells as letting agents for the scheme.

The development is part of a multi-partner initiative with St Edmundsbury Borough Council and housebuilder Taylor Wimpey to support a range of new and existing businesses in the popular Bury St Edmunds area and to continue to create jobs and prosperity.

For further information contact retained agents:

Savills 0207 4098817

Hazells 01284 702626

www.suffolk-park.uk

Treatt plc gains detailed planning permission for its new building on Suffolk Park

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Treatt plc has been granted detailed planning permission for its new 10-acre site on Jaynic’s Suffolk Park.

The Bury St Edmunds company, which makes and supplies ingredient solutions for the flavour, fragance and beverage market, will be bringing its current six separate sites under one purpose built roof on Suffolk Park – a £35 million investment. The contemporary design incorporates a curved glass frontage where state of the art laboratories will be showcased. The scheme also includes a light and spacious open plan, centralised, office space, manufacturing and warehousing facilities.

Daemmon Reeve, chief executive officer, said: “This is just the beginning of an exciting new chapter for Treatt. “Our results are showing substantial progress year on year and the new premises are an important plan for driving further growth. “They will enable greater collaboration and innovation as our scientists work even more closely with our customers and there will be many more efficiencies just by everyone being under the same roof and on the same site.”

Building work on the new facility will start this summer and will be ready to move into towards the end of next year. Mr Reeve added: “As one of the biggest employers in the area and a significant contributor to the region’s economy, the new site will also bring opportunities for new jobs and apprenticeships locally.” The new site will include sustainable travel encouraging staff to cycle to work with secure parking and shower facilities. There are also electric charging points and a car share scheme.Trees and woodland planting as well as landscaping with a sensory garden and barbecue area for staff are also included.

Treatt, which recently won the Business Weekly Awards ‘Business of the Year’ title, moved to Bury in the early 1970s and employs almost 200 people in the UK. Suffolk Park has Enterprise Zone status, secured by St Edmundsbury Borough Council and New Anglia LEP, offering business rates incentives. Cllr John Griffiths, leader of St Edmundsbury, said: “It has long been our ambition to create opportunities for local companies such as Treatt to expand and develop within West Suffolk, to create new employment and offer the chance for young people to learn new skills.”

St Edmundsbury borough council leader, John Griffiths, plants first tree at Suffolk Park, Bury St Edmunds

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Today, Wednesday, 17th January 2018, Councillor John Griffiths, the leader of St Edmundsbury Borough Council, planted an English Oak as the first tree in the £175,000 landscaping contract at the 114-acre business, distribution and manufacturing project at Suffolk Park, Bury St Edmunds.

The planting which started this week is being undertaken in two phases. The first phase includes planting along the estate road boundaries including Rougham Tower Avenue and Lady Miriam Way, and will take eleven weeks up to the end of March.

The second phase of planting, along the estate’s main road, will follow in November and December 2018 giving each phase of planting the best opportunity to establish and thrive before the dry warmer months set in.

Councillor Griffiths, commented: “This tree is symbolic of the roots that we have planted over several years all with the purpose of attracting inward investment and business growth here in West Suffolk while protecting our environment. We have worked and invested to achieve the Eastern Relief Road, Suffolk Business Park and with it Enterprise Zone status which makes it an even more attractive proposition to expanding or relocating businesses. Now we are investing in securing a high quality environment which will help attract the right mix of businesses to safeguard the growth of our economy now and into the future. That in turn will help to achieve greater level of skills, pay and opportunities for young people as they leave education, creating greater wealth, prosperity and better living conditions for all of our local residents.”

The contract is being undertaken by Aspect Landscape to designs by Indigo Landscape Architects and will include 500 trees, 1.25 miles of hedge, 500 saplings and 22,000 route shrubs.

Zeb Hoffman of Indigo commenting on the first tree planting said: “the English Oak is the quintessential British tree which can live for a 1000 years or more growing 20-40 metres. While we enjoy oaks for their rugged beauty, they also provide a variety of resources for local birds insects and wildlife, supporting more life forms than any other native tree,” he adds.

Nic Rumsey, managing director of Jaynic, said: “The quality of the environment is very important to us. We believe that this investment will be appealing to potential occupiers and their employees.”

Jaynic has benefited from an innovative agreement with St Edmundsbury Borough Council who provided a £3m loan facility agreement towards the road infrastructure and landscaping.

Jaynic wins detailed consent for two major distribution units totalling 352,402 sq ft (32,739 sq m) at Suffolk Park, Bury St Edmunds, Suffolk

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Building on the success of securing Treatt as an anchor occupier, and as part of a wider vision to provide a mix of high quality business space which appeals to cutting edge and innovative companies, developer Jaynic, has now secured detailed planning consent for two major distribution premises at its 114-acre Suffolk Park.

Jaynic intends to develop the two units, totalling 352,402 sq ft (32,739 SQ M) which it intends to develop speculatively as a show of confidence in the East Anglia distribution market and against the current lack of available supply of Grade A space in the market.

The reserved matters consent is for two units of 205,829 sq ft (19,122 SQ M) and 146,573 sq ft (13,617 SQ M)  respectively with 12.5 metre eaves heights, 50 metre-deep service yards, level access and dock loading together with ancillary offices.

Simon Wilson, Suffolk Park project director at Jaynic, says: “We have consulted in detail with St Edmundsbury Borough Council’s planning department to agree a scheme which will appeal to forward thinking warehousing businesses, who we anticipate will also help stimulate growth and create a range of jobs by using new technologies.

“Jaynic intends to develop the units speculatively to capture unsatisfied demand from occupiers wanting to lease large distribution space along the A14 corridor. This will enable us to have units ready for occupation in Quarter 3, 2018, comfortably ahead of anything comparable in the East of England Region,” he adds.

Cllr John Griffiths, Leader of St Edmundsbury Borough Council said: “This is the next step towards enabling the successful growth of our local businesses, as well as attracting new enterprises to West Suffolk and the Suffolk Business Park. We want to attract the mix and types of businesses who are innovative and contribute to growing skills and expertise across West Suffolk and with it levels of pay. This will create new opportunities for younger people as they leave education, and with it even greater wealth, prosperity and better living conditions for our local residents.” 

Jonathan Lloyd of Hazells, local agents on the scheme, comments, “We believe that these units will prove very popular with occupiers who want to move quickly. There is approximately 3.5m sq ft (325,158 SQ M) of demand in the region, with Bury St Edmunds being in the centre of that region but with a historically low supply.”

Richard Sullivan, Savills’ national head of industrial and logistics, who are retained to seek occupiers on a national basis adds: “While strong levels of take-up will continue in core national markets, for an increasing number of occupiers, there is continued pressures to operate economically and efficiently which will result in a move towards regional locations with good transport links, a plentiful supply of labour and competitive operational costs. Bury St Edmunds fits all these criteria,” he comments.

“The supply of large, good quality industrial and distribution units in the UK is at an all-time low. The ability to deliver units of this size and specification into the region offers an excellent opportunity to attract new occupiers to Bury St Edmunds as demand from a wide-range of logistics operators remains at an all-time high.”

The development is part of a multi-partner initiative with St Edmundsbury Borough Council and housebuilder Taylor Wimpey to support a range of new and existing businesses in the popular Bury St Edmunds area and to continue to create jobs and prosperity. It is envisioned that the development will have a mix of businesses.

Suffolk Park is adjacent to the new Rougham Tower Avenue leading to Junction 45 of the A14. The infra-structure and landscaping contracts for Suffolk Park have been let and are under construction with completion due in the 1st Quarter of 2018.

The project includes a 36-acre Enterprise Zone where business rates savings of up to £55,000 per annum and is being developed in parallel with Taylor Wimpey’s adjacent 500-home Moreton Hall scheme.

Bury St Edmunds based Hazells Chartered Surveyors are local agents for the scheme and interested parties should contact either Jonathan Lloyd or Richard Pyatt on 01284 702626. Savills, Industrial and Logistics’ department in London has been instructed to advise on the Big Shed potential – Contact Richard Sullivan 0207 409 8125. For further information www.suffolk-park.uk                                                  

ENDS

For further information:

Richard Aylwin

Mob: 07966 018252

Tel: 0207 832 6450

Email: richard@aylwincom.co.uk

Jaynic invests in top quality landscape at Suffolk Park

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Jaynic, the developer of the 2m sq ft Suffolk Park scheme in Bury St Edmunds, attaches significant importance to the park’s natural environment and has awarded a £175,000 landscaping contract to Aspect Landscape which will start on site in January 2018.

Advised by landscape designers Indigo Landscape Architects, Aspect is going to landscape the border areas around the park to include 500 trees, 1.25 miles of hedge, 500 sapling trees and 22,000 root shrubs. 

Jackson Civils is currently building a 200m long and 30m wide landscape bund along the A14 to shield the park from this east-west trunk road.

Zeb Hoffman of Indigo says that the project is seeking to establish the landscape infrastructure for the long-term development of the park with an attractive landscape along the estate roads together with woodland buffers in wildlife corridors along the outer edge of the estate. Occupiers, who will be responsible for their own landscaping, will be guided by a landscape strategy document to help create a consistent appearance throughout the park.

He adds: “We are primarily using native plants that provide habitat and foraging for local wildlife.  This includes 30m landscape buffers that will ultimately develop into woodland belts, sheltering the park and creating connectivity routes for wildlife to move around the countryside.

Installations will also include bat and bird boxes as well as reptile hibernacula, 2m round mounds of earth, stones and branches that provide winter hibernation sites for reptiles.

The substantial landscape buffers will also provide routes for hedgehogs and badgers so that they don’t have to cross major roads.

Jaynic has benefited from an innovative agreement with St Edmundsbury Borough Council who provided a £3m loan facility agreement towards the road infrastructure and landscaping.

Cllr John Griffiths, Leader of St Edmundsbury Borough Council said: “By providing a higher quality environment, West Suffolk can attract the inward investment and the right mix of businesses to safeguard the growth of our economy both now and into the future. We are keen, and are acting, to help deliver a greater level of skills, pay and opportunities for young people as they leave education, in turn enabling greater wealth, prosperity and better living conditions for all of our residents.”

In recognition of the site’s historic links with the World War 2 Rougham Airfield there will be two information boards installed along the site’s cycleways for viewing by members of the public. The information boards were designed in close coordination with Rougham Control Tower Aviation Museum to raise awareness of the site’s historic significance.  Stainless steel markers will also be installed throughout the park marking where the historic airfield runways crossed today’s roads.

ENDS

For further information:

Richard Aylwin

ACL

Mobile: 07966 018252

Tel: 0207 832 6450

E.mail: richard@aylwincom.co.uk

Jaynic awards infrastructure contract at 114-ace Suffolk Park development in Bury St Edmunds to Jackson Civils

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Hot on the heels of the opening of the new Eastern Relief road from Junction 45 of the A14, Jaynic, the developer of the 114-acre business, manufacturing and distribution project at Suffolk Park, Bury St Edmunds has awarded the main infrastructure contract to open up the development to Ipswich-based Jacksons Civils. Construction starts in early October and is due for completion in March 2018.

The contract includes earthworks and the creation of the main estate road from Lady Miriam Way to the Sybil Andrew’s School roundabout on Rougham Tower Avenue that opened on the 25th September, as well as the installation of utilities with foul and surface water drainage into the site. A separate landscaping contract will be let shortly. The total cost of the two contracts is more than £3m.

Jaynic Project Director Simon Wilson said: “We are delighted to have Jacksons on board. They are regionally based but part of a national group and we chose them because they are very professional and totally understand infrastructure.

“Jaynic’s proactive approach to constructing the spine road so soon after the link to the A14 has been completed brings key infrastructure and servicing into the wider 114-acre site enabling early development of the whole site for a range of uses from 2,000 sq ft to 750,000 sq ft far faster than competing sites in the Region,” he added.

Jaynic has benefited from an innovative agreement with St Edmundsbury Borough Council who provided a £3m loan facility agreement towards the infrastructure.

Cllr John Griffiths, Leader of St Edmundsbury said: “This loan by the Council has helped enable Jaynic to bring forward these vital infrastructure improvements, and are part of our commitment to remove barriers to jobs growth, and bring forward land and services for our existing firms here, as well as attracting new business to the area. We are keen, and are acting, to help deliver a greater level of skills, pay and opportunities for young people as they leave education, in turn enabling greater wealth, prosperity and better living conditions for all of our local residents.” 

ENDS

For further information:

Richard Aylwin

ACL

Tel: 07966 018252

Jaynic seeks reserved matters consent for two major distribution units totalling 350,00 sq ft at Suffolk Park, Bury St Edmunds, Suffolk

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Developer Jaynic, as a major show of confidence in the Bury St Edmunds industrial and logistics property market, is seeking detailed planning consent for two major distribution sheds totalling 350,000 sq ft at its 114-acre Suffolk Park scheme.

The development is part of a multi-partner initiative to support a range of new and existing businesses in the popular Bury St Edmunds area and to continue to create jobs and prosperity. It is envisioned that the development will have a mix of businesses.

The reserved matters application submitted to St Edmundsbury Borough Council is for one unit of 205,000 sq ft and one of 150,000 sq ft. Jaynic plans to develop them speculatively to capture unsatisfied demand from occupiers seeking to lease large distribution space along the A14 corridor.

Simon Wilson Suffolk Park project director at Jaynic says “We are aiming for a decision by Autumn 2017. A positive outcome would enable us to have units ready for occupation in Quarter 3, 2018, comfortably ahead of anything comparable in the East of England Region.”

Richard Sullivan, Savills’ national head of industrial and logistics adds: “The supply of large, good quality industrial and distribution units in the UK is at an all-time low. The ability to deliver units of this size and specification into the region offers an excellent opportunity to attract new occupiers to Bury St Edmunds as demand from a wide-range of logistics operators remains at an all-time high.”

Jonathan Lloyd of Hazells, local agents on the scheme, comments, “there is strong de-mand for business and distribution space in Bury St Edmunds and these two units would come at a time where there is very little currently available in the region.”  

Suffolk Park is adjacent to the new Eastern Relief Road leading to Junction 45 of the A14 which can accommodate up to 2 m sq ft of business, distribution and industrial space. Also, it provides a unique opportunity for a “regional hub” single distribution warehouse of up to 750,000 sq ft.

Earlier this year St Edmundsbury Borough Council granted Jaynic, as development pro-moter, outline consent for B1 (office, research & development and light industrial) and B8 (warehousing, storage and distribution) development for the whole 114-acre site. The park includes Enterprise Zone status on 35 acres. 

A 10-acre site has already been presold to Treatt – a leading beverage ingredients manu-facturer for a new 200,000 sq ft global headquarters facility to be constructed within the Enterprise Zone. 

Jaynic is finalising a construction contract for the infrastructure works with the intention that the main estate road between the Eastern Relief Road and Lady Miriam Way and associated infrastructure works will be completed by the end of this year.

Bury St Edmunds based Hazells Chartered Surveyors are local agents for the scheme and interested parties should contact either Jonathan Lloyd or Richard Pyatt on 01284 702626. Savills, Industrial and Logistics’ department in London has been instructed to advise on the Big Shed potential – Contact Richard Sullivan 0207 409 8125. For further information www.suffolk-park.uk                                                                

ENDS

For further information:

Richard Aylwin

Mob: 07966 018252

Editor’s Notes:

Enterprise Zone status, which was secured by New Anglia LEP and St Edmundsbury Borough Council, means that any qualifying company taking new accommodation within it will be eligible for relief of up to £55,000 pa against the rates payable for five years amounting to a saving of £275,000 over that period.

The project is being developed in parallel with Taylor Wimpey’s 500-home Moreton Hall scheme.

St Edmundsbury council signs loan facility for infra-structure costs at Suffolk Park, Bury St Edmunds

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Plans to help boost the local economy and jobs has taken a major step forward thanks to an innovative agreement between Jaynic Suffolk Park Limited and St Edmundsbury Borough Council.

The Council has signed a £3 million loan facility agreement with the promoter of the 114-acre Suffolk Park commercial scheme in Bury St Edmunds adjacent to Junction 45 of the A14. 

This enables Jaynic to borrow up to £3m towards infra-structure costs to make sure facilities are in place to attract business and help create jobs in the area.

Jaynic can use the loan facility for up to two years, repayable in full, towards the main estate road together with two spur roads, drainage, distribution of mains services, internet provision and landscaping.

The loan agreement is part of the joint public and private sector initiative to boost the local economy and maintain St Edmundsbury as a successfully growing area that supports current and new companies.

Simon Wilson, project director of Jaynic, says: “We are delighted to have the continued support of St Edmundsbury Borough Council in this. The loan facility together with the monies realised from selling 10 acres to Treatt PLC, means that the infrastructure for the whole site, covering the current and all future phases is now fully funded.”

“With the infra-structure in place we can provide fast track occupation for companies planning to move to Suffolk Park that will benefit the whole Bury St Edmunds economy,” adds Wilson. 

Cllr John Griffiths, Leader of St Edmundsbury Borough Council said: “This further emphasises our commitment to bringing economic growth to  west Suffolk, removing the barriers so that existing businesses can expand and succeed, as well as attracting new ones to the local area. We invested in the Eastern Relief Road which has opened up the employment land on Suffolk Park and the wider Suffolk Business Park. We also worked with New Anglia LEP to establish the site as part of its Space to Innovate Enterprise Zone

“All of this will lead to thousands of new jobs, the development of new skills, expertise and opportunities, particularly for younger people as they leave education. That in turn will lead to greater wealth and prosperity which brings better living conditions for all our residents.” 

The development masterplan, which received outline planning consent in April, provides for up to 2m sq ft of business, distribution and industrial space at Suffolk Park and includes a potential 750,000 sq ft ‘big box’ distribution warehouse on the east side of the site.

Enterprise Zone status on 14 hectares of Suffolk Park, which was secured by New Anglia LEP and St Edmundsbury Borough Council, means that any qualifying company taking new accommodation within the zone will be eligible for relief of up to £55,000 pa against the rates payable for five years amounting to a saving of £275,000 over that period.

Bury St Edmunds based Hazells Chartered Surveyors are local agents for the scheme and interested parties should contact either Jonathan Lloyd or Richard Pyatt on 01284 702626. Savills London’s logistics department are working alongside Hazells on the potential logistics development. John Madocks Wright can be contacted 0207 4098151 for further information or www.suffolk-park.uk.

ENDS

For further information:

Richard Aylwin at ACL

Tel: 0207 832 6450 or Mob: 07966 018252

Jaynic investments appoints Jason Newman as construction director to handle growing property development portfolio

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Jaynic investments has appointed Jason Newman as Construction Director to oversee the company’s expanding construction portfolio.jason@jaynic.co.uk

Newman will manage all future construction projects undertaken by Jaynic Developments Ltd including its two flagship schemes at Haverhill Research Park, Haverhill, and Suffolk Park, Bury St Edmunds, Suffolk, ensuring delivery targets are achieved.

Newman joins Jaynic following senior positions at Regal Homes, Bowmer and Kirkland and Kier.

Nic Rumsey, founder and managing director of Jaynic Investments Ltd, said “We are delighted to welcome Jason to the team. He has extensive experience of delivering major projects and his appointment will be a vital part of delivering our growing portfolio of development projects.”

Newman, says: “I look forward to progressing the projects that Jaynic already have under development and further schemes that are under negotiation. The key to successful and profitable projects is delivering them on time and on budget which my record shows that I am able to do.”

Haverhill Research Park can accommodate up to 450,000 sq ft of business space while Suffolk Park can take up to 2m sq ft of business, distribution and industrial space.

ENDS

For further information:

Richard Aylwin

Tel: 0207 832 6450 or Mob: 07966 018252

Jaynic secures outline planning consent for 114-acre Suffolk Park, Bury St Edmunds, Suffolk

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This morning St Edmundsbury Borough Council granted outline planning consent for the major 114-acre Suffolk Park business scheme at Bury St Edmunds, adjacent to the new Eastern Relief Road leading to Junction 45 of the A14 which will accommodate up to 2 m sq ft of business, distribution and industrial space.

The St Edmundsbury Development Control Committee granted Jaynic, as development promoter, outline consent for B1 (office, research & development and light industrial) and B8 (warehousing, storage and distribution) development, together with reserved matters approval for the main internal road linking the Eastern Relief Road with Lady Miriam Way South plus site-wide framework landscaping. The site has Enterprise Zone status on 35 acres.

The outline consent includes some B2 (manufacturing) space on the 10-acre site presold to Treatt at the beginning of this year, which will be the subject of a separate reserved matters application shortly. Treatt, a leading beverage ingredient solutions manufacturer, has been located in Bury St Edmunds since 1971. The company is currently located across seven acres and six separate units in Northern Way and will consolidate its operations into a new 200,000 sq ft global headquarters facility to be constructed within the Enterprise Zone. Further B2 development may be possible for named occupiers, subject to planning.

Nic Rumsey of Jaynic, says: “We are grateful for the active support and assistance of St Edmundsbury that has enabled us to present a planning application that could be granted planning consent within only three months. This consent proves that Suffolk Park is a reality. It is currently the only major allocated employment site in Bury St Edmunds with an outline planning permission We have already sold a substantial site to major local company and talks are progressing with other interested parties. The site is unique in the town and region for the scale of buildings it can offer. Occupiers requirements for buildings from 10,000 sq ft up to 700,000 sq ft can now be accommodated within 12-15 months from now.”

A spokesman for St Edmundsbury Borough Council said: “This is a significant step in successfully bringing forward this major employment allocation on the east side of Bury St Edmunds.  The Council has worked hard to achieve this, loaning money to developers to design the Eastern Relief Road, investing money in the road itself and negotiating the land deals. We then worked with New Anglia LEP to secure Enterprise Zone status for 14 hectares of the Suffolk Business Park offering Business Rate incentives over a 25-year period, to encourage both the expansion of existing businesses that previously may have been considering locating away from the area in order to find the space to grow, and to entice new businesses to the St Edmundsbury area. All of this is part of our strategic priority to enable economic growth, lifting skills and expertise across West Suffolk and with it levels of pay, creating new opportunities for younger people as they leave education.”

Chris Starkie, Managing Director of New Anglia Local Enterprise Partnership, says: “Suffolk Park offers enormous potential for inward investment and economic growth – that’s the reason the LEP invested £10m to link the site directly to the A14 and selected it for Enterprise Zone status. Planning consent takes the site to the next stage, allowing more businesses to benefit from discounted business rates, simplified planning and Superfast broadband and from the excellent infrastructure Suffolk Park will soon have.”

Daemmon Reeve, Treatt’s Group CEO comments, “We are very excited about the  development of our new global headquarters.  Our results are showing substantial progress year on year with new business wins and a strong performance across all our categories.  We employ around 200 staff and having operated here for nearly 50 years we were very keen to remain in Bury St Edmunds, particularly in view of the commitment to business growth by St Edmundsbury Borough Council, the New Anglia LEP and other stakeholders.  The planned investment of between £21 and £31 million (net of disposing of the current site) will enable us to have facilities which are not only very impressive but are also fit for purpose for the future.”

Jonathan Lloyd of Hazells, agents on the scheme comments that “there is strong demand for business and distribution space in Bury St Edmunds being that it is located on the strategically important A14 east/west cross route into the UK motorway system.”

The adopted masterplan for Suffolk Park provides for a high quality, well landscaped business park with careful consideration given to building design and outside storage.  A key element of the consent is landscaping. The existing landscape features, including the principal trees and hedgerows will be substantially retained and within the development plots planting will be used to soften the frontages and provide enclosure for parking areas. A landscaping strategy is to be formulated to ensure consistency in the planting and in the species used. Native species will be used where possible. This will ensure that landscape is an integral part of plot design and result in a consistent appearance throughout the development.

Also, sustainability plays an important part in the plans including a requirement that facilities are installed in all new premises that allow for staff to walk and cycle to work. A new cycle/footway link will be created from the A14 underpass along the western boundary of the site to the Sybil Andrews Academy. This includes widening and resurfacing the cycleway along Lady Miriam Way South and introducing a new section linking the underpass to the southern section of Lady Miriam Way South.

Jaynic has already gone out to tender for the infrastructure works with the intention of having the chosen contractor on site so that the main estate road between the Eastern Relief Road and Lady Miriam Way and associated infrastructure works are completed by the end of 2017. Individual occupier’s buildings, subject to reserved matters approval can commence whilst the infrastructure works are ongoing. This means companies could be in occupation and operational early in 2018.

ENDS

For further information:

Richard Aylwin

Tel: 0207 832 6450 or Mob: 07966 018252

Editor’s Notes:

The development masterplan providing for up to 2m sq ft at Suffolk Park includes a potential 750,000 sq ft ‘big box’ distribution warehouse on the east side of the site.

The whole park is within a larger area allocated as employment land as an extension of the established Moreton Hall business area by St Edmundsbury Borough Council in its ‘Vision 2031’ local plan.

Enterprise Zone status, which was secured by New Anglia LEP and St Edmundsbury Borough Council, means that any qualifying company taking new accommodation within it will be eligible for relief of up to £55,000 pa against the rates payable for five years amounting to a saving of £275,000 over that period.

Being developed in parallel is Taylor Wimpey’s 500-home Moreton Hall scheme. The new Sybil Andrews Academy School opposite has just opened and it’s gym is available for use by the Public.

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 for further information or www.suffolk-park.uk

Jaynic submits outline planning application for whole 114 acre Suffolk Park, Bury St Edmunds, Suffolk

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And sells first 10 acres to Treatt

Jaynic, as development promoter has submitted an outline application for B1 and B8, together with detail for the main infrastructure and landscaping on Taylor Wimpey’s 114 acre site at Bury St Edmunds. Suffolk Park, which has Enterprise Zone status on 37 acres, and will accommodate up to 2 m sq ft of business, distribution and industrial units.

Simultaneously it has sold a 10-acre site to Treatt – advised by agents Carter Jonas – which will finance the cost of the park’s initial infrastructure. Treatt, is one of the world’s longest established solutions providers for the flavour, fragrance and personal care industries, and has been located in Bury St Edmunds since 1971. The company is to consolidate from several locations in the town into a new 200,000 sq ft global headquarter facility to be constructed within the Enterprise Zone. The purchase price has not been disclosed.

The outline planning application for B1 and B8 sets out a development masterplan providing for up to 2m sq ft at Suffolk Park including a potential 750,000 sq ft ‘big box’ distribution warehouse on the east side of the site. The whole park is within a larger area allocated as employment land as an extension of the established Moreton Hall business area by St Edmundsbury Borough Council in its ‘Vision 2031’ local plan.

It is hoped that the outline application which is policy compliant will gain approval in March 2017. Jaynic intends to have contractors on site to undertake all necessary infrastructure works as quickly as possible. This will create a fully serviced attractive landscaped environment to meet the needs of modern businesses.

Nic Rumsey of Jaynic, said: “We are grateful for the active support and assistance of St Edmundsbury that has enabled us to get this major planning application submitted within only six months, and are delighted with the swift sale of the first site on the park to Treatt before we have obtained planning. This augurs well for the future of the project. Suffolk Park is in a prime location next to the established Moreton Hall area. Accessed from the new Eastern Relief Road due for completion in the Summer 2017, it equidistant between Junctions 44 and 45 of the A14 giving direct access to the whole of the UK motorway network.”

Dean Taylor, Director of Operations at Treatt, said: “Treatt is delighted to announce the exchange of contracts at Suffolk Park. This will be one of the most significant company developments in the last 50 years and will revolutionise almost every aspect of the business. It will enable Treatt to excite its customers even more, improve efficiency and further accelerate its growth,” added Taylor.

Cllr John Griffiths, Leader of St Edmundsbury Borough Council, said: “After so many years of very hard work by St Edmundsbury and many others, I am delighted that Suffolk Park is now rapidly moving from plans on paper to reality on the ground, alongside a new school, new community facilities, new homes and better transport links through the eastern relief road.

“The very real prospect of new jobs and inward investment is also great news and it is perhaps particularly pleasing that Treatt are looking to build their new global headquarters here. This really is an excellent next step in delivering this ambitious project, not just for Bury St Edmunds but West Suffolk and beyond, and I would like to thank Jaynic and everyone else involved.”

Bespoke properties from 10,000 sq ft upwards will be available to let or for sale. It is intended that, subject to planning, occupiers’ new properties will be built in parallel to the surrounding work so that occupation can be given as quickly as possible.

Enterprise Zone status, which was secured by New Anglia LEP and West Suffolk County Council, means that any qualifying company taking new accommodation within it will be eligible for relief of up to £55,000 pa against the rates payable for five years amounting to a saving of £275,000 over that period.

Being developed in parallel is Taylor Wimpey’s 500-home Moreton Hall scheme. The new Sybil Andrews Academy School opposite has just opened and it’s gym will soon be available for use by the Public.

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 for further information or www.suffolk-park.uk

ENDS

For further information:

Richard Aylwin

Tel: 0207 832 6450 or Mob: 07966 018252