The dualling of the A11 through Thetford has opened up a new corridor of commercial property opportunities between Cambridge and Norwich and it’s one which occupiers would do well to explore, according to Steven Mudd of Barker Storey Matthews’ now part of Eddisons Bury St Edmunds office.
Thetford: Dual fuelled
In the world of commercial property in Cambridge, it is difficult to avoid enterprise parks and campuses, innovation hubs, clusters and corridors so it’s no surprise that the A14/A11 road route has been designated as the ‘Cambridge Norwich Tech Corridor’.
But don’t just take our word for it.
The Cambridge Norwich Tech Corridor is a joint initiative between ten county, district and borough local authorities spanning the territory and the two enterprise partnerships whose interests are at the corridor’s boundaries. All are working together with a pump-priming £500 million development growth fund.
The ‘tech’ is not exclusive to the kind for which Cambridge is internationally renowned. The corridor initiative is profiling research, manufacturing and production in the agriculture and food sectors, the automotive and energy industries as well technologies in the fields of digital, manufacturing and advanced engineering.
It is a 60-mile corridor in which Thetford is situated right in the middle – equidistant from both fine cities by dualled road or rail. Thetford is a rapidly expanding market town and the Cambridge Norwich Tech Corridor is giving it a chance to shine.
As the agent under instruction on what is a potential head office level property in Thetford, Barker Storey Matthews is showcasing The Limes which is on the edge of town closest to the new leisure and hotel complex.
Although a Grade II Listed building set in landscaped gardens and dating back to the 1760s originally, The Limes has been in office use for a number of years before its recent extensive refurbishment and upgrading to modern office standards.
The Limes is an exception at present given the limited supply of quality office accommodation in Thetford. The commercial property view is that this should be changing as the town raises its development profile to become a key business location at the centre of the Cambridge Norwich Tech Corridor.
For more information about The Limes or available commercial property in Cambridge, contact Steven Mudd 01284 702655, [email protected]