Industrial pressure powers new-build demand for 2022 estates
Demand for industrial unit space continues apace in Peterborough, reports the local office of Eddisons, with 12 out of 27 available new-build units at the Eagle Business Park development in Yaxley already reserved a full year ahead of their scheduled occupation date of summer 2022.
The three schemes are the latest new-build additions to be offered to let or for freehold sale at Eagle Business Park which fronts on to Broadway in Yaxley and is now a well established business location.
Eddisons confirms that of the 12 out of the 27 units under offer, eleven are freehold sales. Firecrest, Razorbill and Ravens Courts form the main part of an estate which will complete the final phase of Eagle Business Park which has been successfully developed by Barnack Estates UK Ltd for whom Eddisons has been – and remains – the sole agent under instruction of the new-build units.
Ranging in size from 84.1 sq m to 157.9 sq m (905 sq ft to 1,700 sq ft) on a fenced and gated estate, all the units are of steel portal frame construction with eaves height of six metres.
Units on each scheme have fibre connections in place, LED lighting and electric loading doors and are offered with what the agent describes as good levels of parking.
There is also the option to include additional offices on the remaining available industrial units, subject to build stage.
With almost half of the 27 units under offer twelve months ahead of being ready for occupation in summer 2022, Eddisons points to the pace of take up in urging potential investors, owner occupiers or tenants to register serious interest as early as possible in the remaining months of this summer (2021).
Richard Jones of Eddisons’ Peterborough office said, “Interest in these, some of the final units at Eagle Business Park, reflects the national commercial property market.
“Demand for industrial units by investors and occupiers alike continues to fuel a very active and fast moving market.
“However, the pace of reservations and offers this spring on these schemes which will form part of the final estate – so far ahead of scheduled readiness for occupation next summer – has been remarkable, even for Eagle Business Park which has always been a popular development.”
Adding to comment about the ongoing popularity of Eagle Business Park, Rob Facer, Managing Director of developer Barnack Estates UK Ltd, added, “The success of the latest stage of Eagle Business Park has been exceptional, especially considering the impact of the pandemic.
“Prospective owner occupiers tell us that they value providing employment close to the conurbation of Yaxley as it allows for walkable, bikeable and brief commutes for themselves and employees that make for a positive work life balance.”
For more information on the remaining units available at Firecrest Court, Razorbill Court or Ravens Court, Eagle Business Park, Yaxley, contact Richard Jones, tel 01733 897722, [email protected] or through eddisons.com/barker-storey-matthews.