Newmarket urban warehouse approved

By Liza Helps Property Editor Logistics Matters

DEVELOPER CHANCERYGATE secured approval for the 10-unit shceme recently and intends to start development shortly.

Called Nucleus, the development will comprise units ranging from 3,595 ft2 to 6,685 ft2 available on both a leasehold and freehold basis with the ability for occupiers or investors to acquire multiple units.

The 2.48-acre site, which formerly housed an electronics and displays manufacturer, is located on Exning Road two miles south of the A14.

The scheme is targeting an EPC A and BREEAM Excellent rating as a minimum and units will benefit from EV charging points, rooftop PV and have enhanced roof lighting to increase levels of natural daylight

Employers will also benefit from a wellness area located at the rear of the development providing a dedicated relaxation space to support employee wellbeing.

Chancerygate senior development director, George Dickens said: “We have worked closely with West Suffolk Council and local stakeholders to secure this consent. The scheme will provide Grade A accommodation supporting a range of industrial uses, including R&D. There is strong demand for high specification accommodation in the region.”

Joint agents are Cheffins and Cushman & Wakefield.