Record take up of warehouses at Eagle Business Park

Eagle Business Park

Record take up of warehouses at Eagle

The final phase of development at Eagle Business Park continues to break records.

Planning consent was granted by Huntingdon District Council in the summer for four new estatesof Condor, Firecrest, Razorbill and Ravens Courts which comprise the final phase at Eagle Business Park and in total 37 units. Units ranging from 900 to 2,895 sq ft and all are available for sale or to let.

Developer Barnack Estates (UK) Ltd are due to commence construction on site at the end of September.

Richard Jones from sole agents Eddisons commenced marketing the estates in late May 2022 and over 20 units have been reserved.

Richard Jones commented ‘ In a normal market place we might sell or let a hand full of units a month or so before practical completion, but to have reserved so many units without breaking ground is incredible.’

Alwalton Hill new builds has provided all the takeup to the larger logistics operators, the Peterborough land market has provided little new space to the SME market where second hand stock levels are at an all time low.

Some units have sold to investors but by far the majority are being reserved by owner occupiers, taking advance of cheap money and the opportunity to move away from renting.

Take up also continues to show approximately 30% of occupiers coming from further afield which is great for the growth of the City moving forward.

For more details on the final phase of units available at Eagle Business Park please contact the sole agent Richard Jones from Eddisons on 01733 5564397 or email [email protected]

New development of Light Industrial, Warehouse and Office units in Peterborough

Parigan Business Park Eddisons

New development of Light Industrial, Warehouse and Office units in Peterborough

Eddisons is the sole agent on a new development of light industrial/warehouse units and office suites at Parigan Business Park in Peterborough.

The development comprises nine high quality light industrial/warehouse units and two office units located adjacent to the A1(M) and Peterborough Parkway system. The buildings are being constructed to a high specification with the warehouses incorporating high quality offices with kitchen facilities, full height roller shutter doors and three phase power. The office units are to be fitted out to a high standard including air conditioning, suspended ceilings with LED lighting, and carpeting throughout.

The site benefits from CCTV and security barrier access, as well as ample car parking and an electric vehicle charging point is provided for each unit.

The available units range in size from 122sq m (1313sq f) to 834 sq m (8998 sq ft).

Parigan Business Park is the first new build scheme in Orton Southgate for over 10 years and is situated within Peterborough’s premier industrial and distribution location.

The development is located just off Bakewell Road and is well connected being directly adjacent to the A1(M) offering easy access to the national road network. In addition, Peterborough offers excellent rail services with a journey time to London of just 49 minutes.

Julian Welch, Director at Eddisons dealing with this instruction commented “this is the first new development in Orton Southgate for some time, and will provide much needed high quality new-build small light industrial, warehouse and office premises in this premier location. We are already seeing strong interest in the scheme and expect a number of units to be reserved prior to completion of the development in December this year”.

To arrange a viewing or for more information on units available at Parigan Business Park, contact Julian Welch on 01733 556496 or [email protected] or see https://eddisons.com/properties/parigan-business-park-jacob-way-orton-southgate-peterborough-pe2/.

Thetford warehouse sold as demand continues to soar

Unit 7 Brunel Way Thetford

Thetford warehouse sold as demand continues to soar

The sale of a 34,966 sq ft (3,248 sq m) warehouse unit in Thetford has been confirmed by the Bury St Edmunds office of Eddisons.

Eddisons acted as the sole agent in the sale of 7 Brunel Way, Thetford – a mixed-use commercial property comprising a steel portal frame warehouse, single-storey office block and secure access loading yard.

The premises has been sold to local business for occupation and investment purposes.

Brunel Way is in one of the town’s main industrial and warehouse areas, located close to the Norfolk/Suffolk border with excellent access to the A11.

Eddisons’ Simon Burton comments, “We are delighted to have completed the sale of Brunel Way, which demonstrates the continued popularity of Thetford as a commercial hub.
The demand for warehouse and industrial space continues to soar in the second quarter of 2021 and we expect to see this trend continue.”

For more information on freehold opportunities or premises to let in Bury St Edmunds, contact Simon Burton at the agent’s office in the town, on 01284 702655 or [email protected].

Eddisons let period retail unit to bespoke furniture retailer

Unit 1 The Lexicon

Eddisons let period retail unit to bespoke furniture retailer

Eddisons, acting with joint agent GCW, has let Unit 1 The Lexicon in Bury St Edmunds to a bespoke furniture retailer.

Sofas & Stuff has taken over the empty period building in Cornhill, formerly occupied by Laura Ashley, on a long term lease.

The new occupier secures ground floor and first floor space totalling 3840 sq ft (356sq m), with return frontage to the popular Traverse and Cornhill shopping areas. Neighbouring occupiers include Boots, Halifax and Harriet’s Team Room.

Sofa & Stuff plan to open its 18th showroom later this month.

For more information on retail units to let in Bury St Edmunds, contact Simon Burton on 01284 702655 or [email protected].

Industrial estate in Norfolk sold to owner occupier

Coughtrey Industrial Estate in Norfolk

Industrial estate in Norfolk sold to owner occupier

Eddisons has completed the sale of the freehold of Coughtrey Industrial Estate in Norfolk to industrial equipment supplier, Eastern Attachments Ltd.

Totalling 60,700 sq ft (5,639 sq m) and set on a site of 4.2 acres, Coughtrey Industrial Estate provides a mix of industrial buildings, storage and office space and benefits from a large surfaced car park.

The rural village of Griston is located equidistant from Thetford and Norfolk, approximately 8 miles north of the A11.

Eastern Attachments Ltd has acquired the premises as part of the firm’s expansion plans.

For more information on freehold opportunities or premises to let in Bury St Edmunds, contact Simon Burton at the agent’s office in the town, on 01284 702655 or [email protected].

Neighbouring light industrial lettings in St Ives industrial estate

Burrel Road St Ives

Neighbouring light industrial lettings in St Ives industrial estate

Latest industrial instructions for Eddisons see its Huntingdon office as sole agent on two neighbouring light industrial units on the Somersham Road Industrial Estate in the Cambridgeshire market town of St Ives.

Recently let to a European electronics manufacturer, Unit 6 Burrel Road is a semi-detached, 353 sq m (3,806 sq ft) unit with clean warehouse and adjacent offices across two floors.

The neighbouring premises, 8 Burrel Road is a detached light industrial unit with a substantial office element. At 781.29 sq m (8,410 sq ft), the workshop/warehouse section is accessed through roller shutters.

The two sets of 193.85 sq m offices are a mix of open plan and individual offices arranged across the ground floor and the first floor. Each floor has cloakroom facilities.

Unit 8 Burrel Road is offered to let with two good sizes areas for access and parking, with approximately 33 vehicle spaces.

Somersham Industrial Estate is St Ives’ principal trading location in the town which is 13 miles north west of Cambridge and five miles east of Huntingdon.

The southern edge of the town gives access to the upgraded A14 trunk road and compass points to the East Coast ports and M11 in one direction and onward links to the A1(M) and M6.

In addition, St Ives is well placed on the local road network which connects villages and other market towns in Cambridgeshire.

Viewing of 8 Burrel Road, Somersham Rd Industrial Estate, St Ives is strictly by appointment through Eddisons as the sole agent.

To arrange a viewing or for more information on industrial units to let in the St Ives and Huntingdon areas, contact Eddisons on 01480 451578.