Just one site remains to be built at Jaynic’s Suffolk Park.
The developer had expected to spend a decade building and filling its two million sq ft logistics park in Bury St Edmonds but now looks set to do so years ahead of schedule.
The last remaining 5.32-acre site has planning permission for a 78,100 sq ft warehouse building which can be constructed quickly
Development director Ben Oughton said: “Because the site has reserved matters planning consent, an occupier can have the warehouse developed and ready for fit out within nine months of start on site.
“We had expected Suffolk Park to take 10 years to develop out when we obtained outline planning consent and started construction of the park’s road infrastructure in 2017, but because of its prime location adjacent to the A14, the lack of supply and strong demand we could achieve it well within that time frame.”
Bury St Edmunds’ Greene King brewery leased a 160,000 sq ft warehouse on the park last year and in recent months has committed to moving its historic brewery out of the town centre to an adjacent plot at Suffolk Park.
In addition, the park has signed up a variety of production and distribution occupiers including Bleckmann, Skechers, M H Star UK Ltd, Unipart, Sealey, Treatt, and the East of England Ambulance Trust.
The park is close to both J44 and J45 of the A14, the main arterial route for the region, linking the Port of Felixstowe in the East with Cambridge, the M11 and the wider motorway network in the West.
Agents for Suffolk Park are Savills, Hazells and Bidwells.
© Eastern Echo (powered by ukpropertyforums.com).
Sign up to receive our weekly free journal, The Forum here.