Carter Jonas is the agent instructed on the sale or lease of a substantial site offering bespoke office, industrial/ distribution warehouse opportunities between 10,000 sq ft and 800,000 sq ft (929 sq m to 74,320 sq m) on a design & build basis. This new commercial development is located within one of the eastern region’s busiest transport corridors
The 54 acre (21 ha) site is close to Junction 50 of the A14 road, on the eastern edge of the market town of Stowmarket which, itself is mid-way between Ipswich and Bury St Edmunds. With the port of Felixstowe to 25 miles to the east and Cambridge 45 miles west of the land, the agent advises the site is in a prime location with excellent access to and visibility from the A14.
The development of this new commercial location – to be known as Stowmarket EAST is being led, in conjunction with the landowners, by Building Partnerships a developer with a proven track record in the region and who specialise in developing cost-effective but energy efficient, sustainable buildings.
The 54 acre site has been allocated by the local authority for B1, B2 & B8 use and the formal planning application is due to be submitted imminently.
Land to the west of the site comes under the Stowmarket Development Area which has seen large scale residential development in recent times as well as planning permission granted earlier this decade for five trade counters and a warehouse on 2 hectares of associated employment land.
With the first phase of planned redevelopment of Felixstowe docks completed to increase the container port’s deep-water capacity by 25 per cent, increased throughput from the port will increase demand off-site employment land. Stowmarket EAST, advises Carter Jonas, provides an opening for development and commercial opportunities to meet this need.