At Unit 8A and 8B on the Newmarket Business Park, a 20,000 sq ft modern industrial unit has been let to Mr Fothergills Seeds Ltd. Acting on behalf of the landlord, Mayfair Capital, Cheffins negotiated the deal at £8.75 per square foot.
Mark Drummond, Associate, Cheffins, said: “The letting demonstrates there is demand for good quality and well-located industrial stock. Modern industrial units continue to be in short supply in the region. There will shortly be around 70,000 sq ft also coming available at the Park and we would encourage any potential occupiers looking for industrial accommodation to make their interest known.”
Newmarket Business Park is an established commercial location, with current occupiers including Tristel, Cosentino and Harley Davidson. On the nearby retail park, occupiers include Homebase, Asda, Halfords, Pets at Home and Carpet Right. The Park is in a strategic location only half a mile from the A14 with good access to the M25, Cambridge, Ipswich and East Coast Ports.
Mr Fothergills Seeds is a Suffolk-based major supplier of seeds, plants and trees to garden centres.