Chancerygate has submitted plans to speculatively build 4,738m2 of Grade A industrial, warehouse, and research and development space in Newmarket.
Nucleus, the proposed scheme, will comprise 10 units ranging from 334m2 to 621m2, available on both a freehold and leasehold basis. The projected gross development value is c. €13.2m.
The 1-ha site, which formerly housed an electronics and displays manufacturer, is located on Exning Road two miles south of the A14, with access to the east coast ports and motorway network.
All units at Nucleus will benefit from electric vehicle charging points and solar panels on their roofs, which will provide green energy on an affordable basis to occupiers.
In addition, the units will have enhanced roof lighting to increase levels of natural daylight and will be constructed from high-performance building materials to reduce CO2 emissions. The scheme is targeting an EPC A and BREEAM Excellent rating.
Chancerygate senior development director, George Dickens said: “We are very pleased to have submitted our detailed planning application. There is strong demand for high-quality, sustainable 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 much-needed employment opportunities to Newmarket and the surrounding area. We look forward to working with West Suffolk District Council and Consultees to progress our planning application.”
Agents for the development are Cheffins and Cushman & Wakefield,
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