New UK HQ strikes ground at Suffolk Business Park

Written by

Construction of the new 32,000 sq ft headquarters of Avant Tecno UK is now well underway at Suffolk Business Park, Bury St Edmunds.

Eddisons acted as the sole agent on behalf of the park’s developer, Churchmanor Estates, in helping secure the deal that will see Avant Tecno UK Ltd as the owner-occupier and relocate its HQ operations from Norfolk to Suffolk Business Park.

Avant Tecno UK, which provides multi-functional articulated loaders to the construction and agricultural sectors, is scheduled to move in to its new purpose-built premises this summer.

Suffolk Business Park is a new commercial gateway location in the county being developed at Junction 45 of the A14.

Churchmanor Estates’ development masterplan for the park sees development in four distinct business zones, one of which is allocated for industrial occupiers and is where Avant Tecno UK’s new headquarters premises is located.

Speaking as construction of Avant Tecno UK’s new headquarters got underway, Matt Cloke, Develoment Director at Churchmanor Estates, said, “Avant Tecno are the acknowledged market leader in their sector, and so we are delighted to be asked to work with them to bring their vision for a new bespoke UK HQ, warehouse and showroom.

“This is an important investment not just for Suffolk Business Park but for West Suffolk as well, and we’re looking forward to seeing the project progress over the next nine months.”

For more information about commercial opportunities still available at Suffolk Business Park, Bury St Edmunds, contact Simon Burton, [email protected], tel 01284 702655.

New warehouse instructions on key east ports corridor

Written by

Eddisons’ Bury St Edmunds office has been instructed to market two separate warehouse instructions to let in Thetford, Norfolk.

14 & 14a at Lodge Way on the town’s Fison Way Industrial Estate provide 24,710 sq ft of modern warehouse and office accommodation across two companion buildings. The property sits on a secure site with a large concrete surfaced yard area with separate visitor car park.

Available to let by way of sub lease or assignment, the property is strategically located for access to the A11 and would be suitable for regional and national logistics operators.

To the south of the town at the popular Burrell Way Industrial Estate is Unit 10a Burrell Way, where warehouse and ground & first floor office space totals 22,011 sq ft on a site of just under an acre, including surfaced yard for loading and parking.

The open plan, 17,695 sq ft warehouse has four level access shutter doors to the front.

Burrell Way is on the London Road Industrial Estate where national occupiers include Howdens Joinery, Screwfix and Lidl. Acting jointly with Innes England, Eddisons are offering Unit 10a to let, available immediately by way of assignment or sub lease.

Thetford is an established industrial location in Norfolk whose commercial appeal has grown over the past decade, according to Eddisons’ local agency.

Simon Burton, Director, based at the Bury St Edmunds office, explained, “While Thetford always was an established industrial location on the Norfolk/Suffolk borders, the dualling of the A11 in 2014 raised the profile of the town’s commercial offer to investors and occupiers looking for accessibility to a road network connecting the Cambridge-Norfolk corridor with the East Coast ports of Suffolk and Essex.

“It’s a town with which we have had a long business association and is a key strategic commercial location within the region.

“These units to let on the Fison Way and the London Road Industrial Estates are just the latest industrial instructions on which we are acting in the town.”

Viewing of either unit is strictly by appointment through Eddisons as the sole agent.

For more information or to arrange a viewing, contact Simon Burton or Steven Mudd at Eddisons in Bury St Edmunds on 01284 702655, at [email protected], [email protected], or through eddisons.com.

Eddisons leads the way as the East of England’s most active property agent

Written by

Eddisons has been rated as the most active property agent operating in the East of England with specific agents identified as the top dealmakers in the region too.

That’s the verdict of property research platform EG Radius who has just published its annual deals competition results in which agencies and individual agents are ranked by the volume of space & the number of deals transacted in the previous year.

The firm, whose Eastern regional offices are in Peterborough, Huntingdon, Cambridge & Bury St Edmunds, occupies the top slot in the East of England, having transacted 1,333,491 sq ft of commercial space across 282 deals.

And, within the regional rankings, it was also judged as the most active in Cambridgeshire too, having completed over 232 individual transactions in 2023.

Featuring in the individual dealmakers listings for Cambridgeshire, Eddisons agents occupy six out of the top ten slots – with Julian Welch ranked as the most active agent in the county and colleagues, Gavin Hynes & Matthew Hunt in the second and third slots.

These three top Cambridgeshire dealmakers feature in the top six rankings for the whole of the East of England too.

The annual EG Radius competition is open to all commercial agents, with the Eastern region covering property transactions in Cambridgeshire, Suffolk and Norfolk and is assessed on the volume of deals done for lettings and sales across all commercial property sectors.

Commenting on the firm’s achievement in the competition, Stephen Hawkins, Regional Managing Partner, Eddisons, said, “The fact that we occupy the top slot once again is a great achievement in what, across twelve months, was a tricky market.

“To have so many of our agents in the highest rankings as dealmakers is a real fillip to the firm, as well as a testament to the individuals themselves.

“These competition wins recognise Eddisons’ prolific presence on the ground in the Eastern region, and the insider knowledge, expertise and focus of our agents when it comes to their markets and pushing deals through for our clients.”

Freeholds holding their own in Lincoln commercial market

Written by

The commercial freehold market in Lincoln is holding its own due to the resilience of local SMEs and a limited supply of available stock.

That’s the view of Eddisons incorporating Banks Long & Co whose industrial agency has just confirmed that a manufacturer, supplier & retailer of e-liquid vaping products has acquired Jarvis House, Sadler Way, Lincoln.

The 22,905 sq ft Jarvis House workshop with offices, on a 3.75 acre site, was offered either to let or for freehold sale through Eddisons.

William Wall, Director, Eddisons, was the lead agent in the sale of Jarvis House on behalf of his client. Announcing the completion of the sale, he said, “There is a squeezed supply of freeholds in this part of the East Midlands.

“This means that our clients can remain confident in achieving local agents’ quoting prices where the acquiring business is as robust and focused as the new occupier of Jarvis House.”

For any press queries, please contact William Wall, Eddisons incorporating Banks Long & Co on 01522 544515 or at [email protected].

 

Cambridge CB1 office let to private healthcare operator

Written by

The first city centre office letting reported by the Cambridge agency of Eddisons so far this year is that of a self-contained, 1,700 sq ft (158 sq m) newly refurbished office in the exclusive CB1 postcode area.

The new tenant of 52 Mawson Road is a private healthcare operator who has taken a new lease on the end of terrace, open plan office premises.

The office, while centrally located, is in a quiet, mainly residential location yet less than one mile from Cambridge’s historic city centre and just an eight minute walk from Cambridge railway station.

In confirming the letting, Ben Green, Director, Eddisons, said, “We are pleased to let this building so quickly for our investor client, having acquired the freehold for them last year and advised on its comprehensive refurbishment.

“Cambridge’s central CB1 district is more usually known for its brand new, ‘shiny’ office buildings that are part of the transformation of the Station Road area in the past decade.

“However, what might be considered by onlookers as ‘side streets’, often offer one-off office, workshop or clinic-style opportunities.

“Such properties will often meet the requirements of operators looking for a central, accessible location, but who want their own front door and self-contained building in which to stamp their identity.”

For more information on the availability about offices to let in central Cambridge, contact Joe Berry at Eddisons tel, 01223 467155 [email protected] or through eddisons.com.

Office space available at the historic Cams Hall Estate, Fareham

Written by

Fareham Borough Council has appointed Eddisons as letting agents on Suite 3, Faretec – a 819 sq ft ground floor office suite situated at the stunning 400-acre business park.

Part of an award-winning conservation area and surrounded by a 9- and 18-hole golf course, the park boasts the grand Cams Mansion as its centre piece.

Overlooking Portsmouth Harbour, the land at Cams Hall is steeped in history. The land was first registered to Earl Godwin, according to a 1086 entry in the Domesday Book.

Today, the neighbouring majestic home farm buildings have been refurbished for office use, resulting in a picturesque business park with fantastic fibre data connectivity due to two on-site internet providers.

Cams Estate is occupied by a number of tech businesses including the experienced data centre ServerHouse, award-winning IT service providers Cobweb, and IT solutions Matrix IT – a testament to the perfect working environment for digital companies.

Agent on the property, Nick Holtby commented, “These offices are a fantastic opportunity for a small business to operate from a scenic location to both work and relax in, especially for golf lovers.”

“Stationed just a mile from Junction 11 of the M27 and a 10-minute drive away from a direct connection to London Waterloo at Fareham Train Station, this office is in a prime location for potential occupiers.”

The property is accessed through a shared reception and provides shared kitchen and toilet facilities as well as four allocated parking spaces.

For more information contact Nick Holtby at Eddisons in Fareham at [email protected], 01329 221199

 

Eddisons appointed as local agent for former Wilko store in Bury St Edmunds

Written by

The Bury St Edmunds office of Eddisons has been appointed to market the former Wilko retail store & site in Risbygate Street, in the historic town centre.

Eddisons is acting as joint sole agent with London-based agent StQ2 in promoting the premises and site on Risbygate Street to let on a new lease or for freehold sale with interest expected for continued retail or redevelopment for alternative uses, subject to planning permission.

The 39,000 sq ft premises stand on a 1.236 acre site close to Bury St Edmunds prime town centre shopping centre with plentiful parking of a number of tenures nearby.

With retail frontage onto 88-89 Risbygate Street, a small section of the property sits within the town centre conservation area, with the bulk of the site outside.

Risbygate Street is a mixed-use location in the heart of Bury St Edmunds. There are other retailers & restaurateurs, a care home operator and the recent addition of new retirement living accommodation opposite the available site.

Simon Burton heads up Eddisons’ Bury St Edmunds office. Commenting on being appointed agent on this instruction, he said, “Independent and regional retail operators are underpinning the retail resilience of the town in bucking the trend of the national picture.

“Equally, the town continues to see continued residential development and regeneration of older sites for alternative uses.

“This is a prominent site in the town centre and will be of strong appeal to occupiers and developers alike, with strong early interest already received.’’

Viewing of the premises and site is strictly through the appointed agents.

For more information contact Simon Burton at Eddisons in Bury St Edmunds, at [email protected], on 01284 702655 or Mike Harris at StQ2, [email protected], on 020 7399 1949.

Delivering a Christmas gift to scene-stealing set builders

Written by

Unit 3, Innovation Square

 

On the western outskirts of Pontefract, we were delighted to sell Unit 3 of the successful Innovation Square at the end of 2023.

A modern industrial unit in the popular Green Lane Industrial Park, Featherstone, the single storey development was perfect for scenic construction contractors J Foster Construction. The company, who has worked on productions for ITV and BBC, needed extra space for building their creations as well as storing and displaying them too.

We were able to sell the property to J Foster Construction, after renting for some time, over the asking price for our client, P&W Site Fixing. The stainless-steel fabrication designer was the owner occupier but decided to relocate to Castleford.

Getting the sale through just before Christmas would have been enough cause for celebration and it was the cherry on top of a fantastic year for our Bradford team, and associate director Matt Jennings in particular was singled out by our client for his services.

Kay Wilson from P&W Site Fixing exclaimed: “both [Matt] and Eddisons have been extremely professional and easy to deal with. I would not hesitate in recommending both of [their] services.”

For information on commercial and industrial property agency, get in touch with Matt Jennings on 07970 013852 or at [email protected].

Agent looks to Vision Business Park success

Written by

Eddisons is taking a positive view of its success this year at Vision Business Park – a set of three courtyard schemes of new-build business units for small & medium scale industrial occupiers.

The schemes were officially launched by Eddisons’ Huntingdon office at the beginning of the summer, following earlier pre-let instructions.

As the year ends, Eddisons has confirmed that, as the sole agent, all 27 of the brand new units at Vision Business Park, near Biggleswade in Bedfordshire, have been sold with many going under offer at early stages off plan.

Eddisons has also confirmed being successfully re-instructed by many of the investor purchasers as the appointed agent on the letting of five of the units already, with another pending.

The units at Vision Business Park range in size from 1,410 sq ft (131 sq m) to 11,896 sq ft (1,105 sq m) individually although some occupiers have taken a combination of units.

Vision Business Park is the third and newest phases of the Woodlands Business Park – a new commercial location but, according to the agent, one rapidly establishing its profile among operators because of its proximity to this part of the country’s road and mainline & commuter rail transport connections.

With nearby centres of population including Bedford, Milton Keynes, Stevenage & Cambridge, Matthew Hunt, who led Eddisons’ agency at Vision Business Park, believes the location has been key to unlocking the success of the units.

He explained, “The lack of quality new-build industrial schemes in the direct area and its wider satellite region, as well as Vision Park’s proximity to the A1 and, via Bedford & Milton Keynes to the M1, has given the units a distinct advantage in attracting investors, tenants and owner-occupiers, alike.

“Our agency business has been brisk at Vision Park and we not only captured early interest but also converted it swiftly to the satisfaction of all parties. To be re-instructed in the letting of units by new investor owners is a further endorsement of our agency.”

The latest of these re-instructions is Unit 9, a 1,810 sq ft (168.15 sq m) workshop/warehouse with offices.

For more information, contact Stephen Power or Matthew Hunt at the Huntingdon office on 01480 451578, [email protected], [email protected] or through eddisons.com.

Contrasting units represent St Ives’ retail offer

Written by

Two lettings instructions on which Eddisons is the sole agent represent the contrasting retail offer of the Cambridgeshire market town of St Ives, according to the firm’s Huntingdon agency.

As a growing market town in the county’s Huntingdonshire district, St Ives has a market square in the town centre with a retail mix of established names – such as Waitrose, WH Smith, Boots, Superdrug, Holland & Barrett – and independent operators. The town centre offer is boosted twice a week by traditional market stalls & traders that bookend the week on Mondays and Fridays.

In that part of the town, 15 Crown Street is available to let.

It’s a conventional, ground floor retail unit totalling 1,466 sq ft (136.25 sq m), of which 1,329 sq ft (123.4 sq m) is the sales trading area. There is loading access to the rear. Nearby occupiers are Mountain Warehouse, Poundland and Costa Coffee.

Formerly occupied by the clothing store Fat Face, 15 Crown Street is offered to let with vacant possession.

In contrast, on the outskirts of St Ives, Eddisons is instructed to let 3 Joiners Court – a modern trade counter unit of 3,960 sq ft (367.89 sq m) across ground and mezzanine levels.

The St Ives Trading Estate on Nuffield Road is long established location for the town’s industrial occupiers, but Joiners Court is a relatively new addition of terraced units at the front of the estate.

Unit 3 is in a prominent location with forecourt parking and is between Screwfix and Parker Rose Kitchens & Interiors. With a glazed entrance to the front, there is a roller shutter loading door to the rear. The unit has an eaves height of 6 metres.

Recent commercial development on this side of the town has seen the addition of an Aldi supermarket to the north of Morrisons on Harrison Way, as well as a food & beverage park with a number of drive-thru operators including Eric’s Fish & Chips, Costa Coffee, and McDonalds.

Viewing of either 15 Crown Street or Unit 3 of Joiners Court is strictly by appointment through Eddisons in Huntingdon.

For more information or to arrange a viewing of either retail unit, contact Stephen Power on 01480 451578, [email protected] or through eddisons.com.