Tuesday 15th October 2019
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Suffolk Park

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It has been a hive of activity at Suffolk Park, in Bury St Edmunds over the last 12 months with all the infrastructure installed, further occupiers signed up and two new logistics units completing this Autumn ready for prospective occupiers to move into.

The park located close to Junction 45 of the A14 linking the project to the port of Felixstowe, Cambridge, the M11 and the UK motorway system, has consent for 2m sq ft of business, manufacturing and distribution space and is attracting plenty of interest from potential occupiers for units of all sizes.

Ben Oughton, development director of Jaynic, the park’s developer, says: “the main estate road, Fortress Way, has been opened, all the mains utilities are installed, and the landscaping has been created making it a very attractive destination for companies wishing to move in rapidly.

Sealey, one of the largest suppliers of garage and workshop equipment in the UK, have secured a 7.5-acre site at Suffolk Park and we are in discussions with potential occupiers for both of the two speculative warehouse units of 250,000 sq ft and 105,000 sq ft each.

There is little or no supply of top quality space in the region that is currently available which makes Suffolk Park the ideal location for expanding East Anglian companies with the added benefit that 37-acres are within the Cambridge Compass enterprise zone.

Qualifying occupiers can obtain up to £55,000 pa of business rates relief for five years totalling £275,000.

The Sealey deal follows on from last year’s transaction with local company Treatt that secured a 10-acre site within the enterprise zone to create a new 200,000 sq ft global headquarters.

Oughton, says: “The enterprise zone designation is a major plus for Suffolk Park and a great incentive for expanding companies in the region to consider.

“Suffolk Park is currently the only major allocated employment site in Bury St Edmunds with planning consent. Occupiers’ requirements for buildings in a range of sizes from 2,000 sq ft up to 750,000 sq ft, in a single building, can be accommodated within 12-15 months from now,” adds Oughton.

Councillor Griffiths, Leader of St Edmundsbury Borough Council,  said: “This activity at Suffolk Park is helping 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.”

Housing and education infrastructure is well provided for adjacent to the park. Taylor Wimpey’s 500-home Moreton Hall scheme is being developed in parallel and the recently opened Sybil Andrews Academy School opposite includes the Skyliner Sports Centre which offers discounts to corporate occupiers.

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 popular 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