Chancerygate has put in a planning proposal to build a speculative industrial development on a two-and-a-half-acre site in Newmarket, West Suffolk.
The scheme, to be known as Nucleus, comprises 51,000 sq ft of grade-A warehouse and research and development space. It will span across 10 buildings ranging from 3,595 sq ft to 6,685 sq ft, available on both freehold and leasehold basis.
All facilities will benefit from electric vehicle charging points and solar panels on their roofs. The scheme is targeting an EPC A and BREEAM Excellent rating.
The £11.5m project could create up to 100 jobs. The development site sits on Exning Road, two miles south of the A14.
George Dickens, senior development director at Chancerygate, said: “There is strong demand for industrial and warehouse accommodation in strategic locations and in close proximity to key infrastructure, which also allows R&D uses.
“Our proposal will provide this, alongside employment opportunities to Newmarket and the surrounding area.”
Cheffins and Cushman & Wakefield were appointed as joint agents for the development.
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Image © Chancerygate
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