Jaynic agrees pre-let of 76,822 sq ft unit to Hermes and announces plans for two speculative units at Suffolk Park

Jaynic continues the success of its 2m sq ft Suffok Park logistics and business scheme at Bury St Edmunds, Suffolk, with the pre-letting of a 76,822 sq ft warehouse to parcel delivery company Hermes.

At the same time it will be submitting a detailed planning application for phase three of Suffolk Park, comprising the Hermes unit and two further warehouse units of 160,000 sq ft and 47,000 sq ft respectively.

Ben Oughton, development director of Jaynic, says: “The unit to be occupied by Hermes further endorses Suffolk Park as a distribution location with its immediate access to Junction 45 of the A14. This further letting highlights the strong and sustained demand at Suffolk Park over the last couple of years, and has hastened our decision to submit the detailed application for phase three of the development,” adds Oughton.

Companies taking space at Suffolk Park to date and within the last three years include Weerts Group, MH Star UK Ltd, Unipart Logistics, Treatt, Sealey and The East of England Ambulance Trust amounting to over 1.75m sq ft of space.

Suffolk Park offers prospective occupiers bespoke buildings on a design & build basis alongside a rolling programme of speculative development.

It is located within one hour of the Port of Felixstowe, the UK’s largest container port dealing with 42% of Britain’s containerised trade. In 2015 it was ranked as the 37th busiest container port in the world and Europe’s 6th busiest.

Bury St Edmunds is located on the strategically important A14 corridor, linking Felixstowe to the Midlands and London via the M11. The town boasts a variety of production and distribution occupiers including major national operators such as Greene King, British Sugar, Century Logistics, Atalian Servest, Mizkan and Taylor Wimpey.

Major residential development is underway in the town with over 5,000 new homes allocated and construction commenced, to help the town’s continued economic growth and to accommodate an expanding workforce.

Marketing agents for Suffolk Park are Hazells, Savills and Bidwells.