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PROPERTY DEVELOPER JAYNIC AGREES LAND PROMOTION DEAL ON 25-ACRE SITE IN BURY ST EDMUNDS, SUFFOLK

PROPERTY DEVELOPER JAYNIC AGREES LAND PROMOTION DEAL  ON 25-ACRE SITE IN BURY ST EDMUNDS, SUFFOLK

Land promoter and developer Jaynic has entered into a land promotion agreement on a 25-acre site off the A134 Bury St Edmunds to Thetford Road at Fornham St Martin, Suffolk.

The site on Fornham Road is adjacent to the Suffolk Waste Partnership’s recycling centre on the outskirts of Bury St Edmunds and has potential for about 340,000 sq ft of employment development.

The developer will be seeking to have the site allocated in the West Suffolk Local Plan Review, the first draft of which is expected shortly.

Nic Rumsey, managing director of Jaynic, said: “There is huge demand for employment land along the A14 corridor and we believe that this site can satisfy some of that demand. West Suffolk and Suffolk County Council both recognised the attractiveness of this location and this site benefits from the same advantages. West Suffolk’s recent Employment Land Review identified the land as having potential”.

Jaynic has already had great success at its Suffolk Park site adjacent to the A14 on the south side of Bury St Edmunds where occupiers include Weerts Group (Skechers/Bleckmann), MH Star UK Ltd, Unipart Logistics, Treatt, Sealey and The East of England Ambulance Trust accounting for approaching 1.75m sq ft of space.

 

Bury  St Edmunds 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.

 

Article by Jaynic

JAYNIC is an established property company that specialises in promoting land for residential and employment development through the planning process, the implementation of pump-priming infrastructure and development of buildings on a speculative and bespoke basis.

Jaynic has recently been appointed by Mid-Suffolk Council’s development company as joint venture partner on its Gateway 14 site with potential for 2m sq ft of business, warehousing and high-tech innovation space on the A14 at Stowmarket.

Jaynic’s Suffolk Park major employment site in Bury St Edmunds, is now well established. Global flavour and fragrance solutions company Treatt plc recently moved into the 112,000 sq ft first phase of its HQ there. Also, logistics companies are locating on the park with Unipart taking  a 206,000 sq ft warehouse and an 870,000 sq ft warehouse is being built for Belgian logistics group Weerts as its first location in the UK. This follows on from garden furniture import company M H Star taking a 105,000 sq ft warehouse in 2020.

Jaynic has developed the EpiCentre innovation centre for young entrepreneurial and biotech companies on its Haverhill Research Park and is working on a further 1.75m sq ft business park at the former RAF airfield in Shepherd’s Grove near Stanton, Suffolk.

On the residential side, acting on behalf of a landowner, it won a planning consent for a 125 unit residential scheme with 30% affordable housing at Red Lodge on the A14 and sold the site to Barratt Eastern Counties.

Its development activity over the last 25 years has been predominantly focused on East Anglia with schemes in the early years including Cambridge Research Park, Buckingway Business Park at Swavesey, the University of Essex’s, Knowledge Gateway, and Haverhill Business Park.