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News | Independent Commercial Property Agents | PAI

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Only one development site remaining at Haverhill Business Park

Monday, 12 September 2022

Only one development site remaining at Haverhill Business Park

Only one plot is remaining at Haverhill Business Park, following two recent sales at the site.
 
The plot on offer comprises 3.91 acres of prime commercial development land which is available on a freehold or leasehold basis, with the opportunity for any occupier to develop units to suit their own requirements, up to approximately 73,000 sqft. The site available has planning permission for B1/B2/B8 uses and PAI members Cheffins together with joint agents, Strettons, are now taking expressions of interest for this remaining site. 

Developed by Taurus for owners Hammond Rutts Investments, Haverhill Business Park is a fully serviced site, with good access to main road networks, and the option for premium build-to-suit opportunities. Recent sales at the Park include two approximately one acre sites, one to Stowmarket Skips Ltd, trading as SunSkips, and one to Mann Enterprises, both of which are now building out their own units.   

Haverhill Business Park is an established location, on the A1017 Haverhill Bypass, 19 miles from Cambridge and 18 miles from London Stansted Airport. Existing occupiers at the Park include MKM Building Supplies, Culina Logistics, Buildbase, Petrow Food Group, Travelodge Hotel and Harvester Public House. 

Philip Woolner, joint Managing Partner at Cheffins comments: “This is one of very few commercial development land opportunities to come to the local market in recent months and is a unique chance for a wide range of occupier types to build out accommodation exactly according to their individual needs. Demand for large-scale office, industrial and retail accommodation in the local area continues to grow and Haverhill Business Park, as an established commercial location, is well placed to meet it.  Haverhill is set to grow significantly as part of the ONE Haverhill master plan which will include an additional 3,500 new homes to be delivered by 2031."

Michael Gibbens, Taurus Developments Limited comments:“The latest land sales at Haverhill Business Park follow the success in recent years by Hammond Rutts and Taurus in developing a bespoke facility for MKM Building Supplies which resulted in a new rental level for the Park and a subsequent investment sale of the building in 2018. This was followed by the disposal of 14 acres of land in 2019 at a higher level than previously seen at the location. These deals, combined with the latest land sales, go to demonstrate the attributes of Haverhill Business Park as a well-located and recognised business location.”
 
For more information on the property, contact Philip Woolner at Cheffins on Philip.woolner@cheffins.co.uk or 01223 271910 or joint agents, Strettons.