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Posted by Richard on December 12, 2019
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DEVELOPERS JAYNIC SUBMIT PLANNING APPLICATION FOR A 367,000 SQ FT SECOND PHASE OF WAREHOUSES AT SUFFOLK PARK

Jaynic, the developer of Suffolk Park in Bury St Edmunds, Suffolk, have submitted a detailed planning application to West Suffolk Council for a second phase of warehouse units totalling 367,000 sq ft.

The application is for four “Big Sheds” of 37,000 sq ft, 80,000 sq ft, 100,000 sq ft and 150,000 sq ft, respectively. The 114-acre Suffolk Park already has outline planning consent for 2 million sq ft of business, distribution and industrial space.

This follows on from the first phase where Jaynic developed two warehouse units totalling 357,000 sq ft. The 147,000 sq ft building has been successfully let to Unipart acting as the provider for the NHS Supply Chain, and we are in discussions with occupiers on the second unit which provides 206,000 sq ft.

Ben Oughton, Jaynic development director commented that “Buoyed with this level of demand we believe the time is right to further increase the supply of speculative warehousing space at Suffolk Park.”

The two existing units SP147 and SP206 represent the only speculative development of large logistics units in the East Anglia and the first speculative warehouses delivered in the region for over a decade.

Richard Pyatt commented, “The success of the first phase and letting of SP147 to Unipart underlines our belief in Suffolk Park and Bury St Edmunds as a key logistics location in the heart of the Eastern region. The second phase of speculative development will provide much needed supply in the market and we are pleased to be in conversations with a number of parties already”.

Hazells are the appointed local agents for the scheme and interested parties should contact either Jonathan or Richard on 01284 702626.  For further information visit www.suffolk-park.uk

 


Richard Pyatt MRICS

Director – Commerical Property