Sunny

Sunny

max temp: 12°C

min temp: 6°C

ESTD 1874 Search

West Suffolk: Work starts on 20,000sq ft unit on Newmarket Business Park

06:00 05 February 2014

Allan Carr, director of Parkway Construction (MK) Ltd; Rachel Kindred of Cheffins; Daniel Hopes of Hamilton Land; and Mike Gregory, project manager at CS2 Ltd on site at the Newmarket Business Park.

Allan Carr, director of Parkway Construction (MK) Ltd; Rachel Kindred of Cheffins; Daniel Hopes of Hamilton Land; and Mike Gregory, project manager at CS2 Ltd on site at the Newmarket Business Park.

Archant

Work has started on a 20,000sq ft warehouse/industrial building on the Newmarket Business Park.

shares

The speculative development by Hamilton Land Ltd reflects hopes that the local economy will benefit from the £100million-plus scheme to dual the final nine miles of the A11 just north of the A14 junction, work on which is halfway through its two year timetable.

Philip Woolner of the letting agents Cheffins says the development on the business park is a sign of improving confidence in the industrial property market and in the strength of the local economy.

“With faster access from the M11 and A14 and north along the A11, in the next 12 months, there is a strong economic argument to locate regional distribution facilities in the Newmarket-Thetford area. There have been no new developments like this in the last five or more years,” he said.

“Newmarket is already well-established as a cost-competitive centre, with Newmarket Business Park and the surrounding industrial areas maintaining high levels of occupancy throughout the downturn, and with strong prospects for growth in the years to come.

“This new building - Unit 8 - will be completed by July this year and is available either on a leasehold or freehold basis, on competitive terms.”

shares

0 comments

Stage 5 of the Womens Tour passes through Onehouse on their way to Bury St Edmunds last year

Schoolchildren will also be involved in an evening of activities in Bury St Edmunds ahead of the start of a major women’s cycling event.

Paul Rous, of Bruisyard Hall, has launched a tech startup venture with Mark Pearson

A Suffolk entrepreneur has teamed up with a top technology investor, who made millions from a website he created with just £300, to help finance new ideas.

Cloud telecoms company X-on has launched Cuube, a new online communications services platform.

Cloud telecoms company X-on, based at the Framlingham Technology Centre, has launched Cuube, a new online communications services platform.

Jeremy Goulding, front, left, chief executive of Wheatley, is congratulated by Innovatioin Martlesham chair Ian Buxton on winning the first Innovationi Martlesham competition. Also pictured, from left, are Paul O'Brien of BT, Jane Bromley of Wheatley, Mike Ward of Wheatley and Mohamed Abdel-Maguid from University Campus Suffolk.

Software company Wheatley has been named winner of a new competition staged by Innovation Martlesham, the cluster of hi-tech companies based at BT’s Adastral Park research site, near Ipswich.

Total unemployment in the UK has reached a near seven year low, official figures showed today.
Photo: Philip Toscano/PA Wire

Unemployment in the UK has continued to fall and a record 31million people are in now work, according to the final labour market figures before the General Election.

The Nestle Purina plant in Sudbury.

KitKat, Nescafe and Shredded Wheat maker Nestlé said today that first quarter sales had been boosted by an earlier Easter, but with growth dented by currency changes after the Swiss central bank’s shock decision to lift a cap on the franc.

The B&Q store on the North Quay Retail Park in Lowestoft which is closing in January 2016. Picture: James Bass

DIY chain B&Q has announced its Lowestoft store will close at the start of next year, with reportedly 40 jobs being lost.

Suffolk cider and vinegar maker Aspall was named Business of the Year at last year's EADT Business Awards.  From left, Tom McGarry of EDF Energy, Barry Chevallier Guild of Aspall and Sarah Howard,  of SuffolkChamber.  	
Picture: Lucy Taylor

There is now less than a week to go to enter the 2015 East Anglian Daily Times Business Awards.

The team at Ipswich-based software company IJYI.

A start-up software business in Suffolk has secured a place on a Government panel allowing it to bid for the delivery of cloud technology services across the public sector.

Most read

Most commented

Topic pages