New business park scheduled to open next year in Suffolk
- Credit: Archant
Work on a new major business park is set to begin in the spring.
Work on a new business park in West Suffolk is set to begin in the spring.
The Granary Park, as it will be called, is to be developed in Woolpit between Ipswich and Bury St Edmunds, at the junction 47 of the A14.
The park will be well connected, as it is located at junction 47 of the A14 which links Felixstowe in the East and the M11, A1 and M1 in the West.
Full planning permission has been granted for two commercial buildings accommodating nine industrial units, ranging in size from 15,000 sq ft to 5,500 sq ft, providing light industrial, storage, distribution and general industrial uses.
The units all have parking and a modern contemporary design to suit a range of industrial and commercial occupiers.
It is hoped the first units will become available in Autumn 2019.
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Matthew Jewers, whose family owns the site, will be director of Granary Park and is currently the managing director of Jewers Grain, which is adjacent to the site.
Being on a slip road means the land wasn’t used for anything prior to being earmarked for the development.
Mr Jewers explained: “We are trying to create employment opportunities in the area.
“There are a lot of houses going into the local area and I feel we need more employment opportunities.
“It’s also a great location, because it keeps traffic on the main roads and off the local roads.”
Although it’s still early days - estate agents have only just started advertising it - Mr Jewers revealed that there have already been a few expressions of interest in the site. “We are quite excited about it,” he added.
Merrifields have been appointed by the developer as letting agents for the site, and Gordon Ellis, managing director of Merrifields, said: “The new development of smaller industrial and business units shows confidence in the regional commercial property market and the potential for growth in the region”.
Rowan Mason, a chartered surveyor with Merrifields, said he thought the new occupants would probably be regional firms, as opposed to national companies. “This is going to provide employment to the local area, as opposed to jobs moving to Cambridge or Essex,” he said.