Investment in the commercial sector remains high in our region

05 Apr 23

Commercial properties continue to find favour with investors in our region, providing much better returns than a large number of alternative asset classes.  In this specialist market, there are two fundamental considerations which affect the long-term value of any property, namely its location and the quality.

Demand for flexible office accommodation remains high as does demand for industrial/warehouse units of all sizes.  The designation of Freeport East, comprising Felixstowe and Harwich Ports, together with Gateway 14, has further bolstered demand in our region and firmly demonstrate that Essex and Suffolk remain ideal counties in which to invest.

Below are a selection of office, industrial, hospitality and development schemes, which represent just some of the availability in the Essex and Suffolk commercial property market:

Discover the new and fully fitted, flexible workspaces at Crown House in Ipswich and The Octagon in Colchester.

Crown House and The Octagon have both been given a new lease of life thanks to comprehensive refurbishment by CEG, who have transformed these landmark buildings in Ipswich and Colchester.

Offering a full range of fantastic amenities to help you and your business achieve its best potential, the new contemporary suites available at Crown House and The Octagon are all of the highest specification, including private meeting rooms and kitchen facilities.  A variety of suites are available. To learn more, please contact Alistair Mitchell or Hamish Stone on 01473 232701 regarding Crown House, or Michael Moody or Ed Nolan on 01206 854545 regarding The Octagon.

Evolve is an exciting new concept in flexible, affordable units in Colchester, designed for both start-up and investment, available for sale or to let with an all-inclusive rental.

Evolve is a brand new scheme offering affordable, contemporary workspace with communal spaces where businesses can flourish and inter-relate.  Designed by award-winning architects Bowman Riley, along with Galliard Homes who built the development, the site comprises ninety split-level units in a variety of sizes, forty of which form part of Phase l and are ready for immediate occupation.

This scheme provides an excellent opportunity for investors, with the development projected to return rental in the region of £20 per square foot, whilst occupiers will benefit from flexible leases and brand new ‘ready to go’ units.  For further information, please contact Michael Moody or Ed Nolan on 01206 854545.

Lanswoodpark in Elmstead Market offers a broad range of high-quality serviced offices, storage and workspaces, suitable for a variety of uses.

Lanswoodpark Business Centre offers a fresh approach to modern office working, with four striking buildings collectively totalling around 60,000 sq ft.  There are over 40 different businesses already in occupation, from a diverse mix of SME’s to large corporate companies.

The offices have been built with energy-efficiency in mind and finished to a high specification including CAT5 cabling and high-speed internet, as well as this, there is also 24-hour CCTV in operation.  Both non-serviced and serviced offices are available, with short, medium and long term lets available, as well as a number of units for sale.  To find out more, please contact Michael Moody or Ed Nolan on 01206 854545.

Suffolk Central offers newly built office accommodation with ample forecourt parking in a fantastic location, close to Stowmarket.

Suffolk Central Business Park presents an exciting opportunity to purchase/let high-quality office premises, created by an award-winning architect.  Constructed to provide 2,500 sq ft. of space over two floors, split equally at 1,250 sq ft. per floor, each unit has been designed to be taken individually, or can be combined with adjoining units to offer up to 10,000 sq ft.

The scheme is located on the edge of Stowmarket, just three minutes from the A14, and twenty minutes from the county town of Ipswich.  Each unit benefits from 13 car parking spaces, a reception area and meeting room, and there is high-speed fibre broadband.  With CAT6 cabling to floor boxes and data sockets throughout, each office has been designed with flexible working in mind.  A variety of office units are available. To learn more, please contact Hamish Stone on 01473 232701.

Opus Business Park comprises a range of comprehensively refurbished industrial/warehouse units in Witham.

Opus Business Park is located on popular Freebournes Industrial Estate, approximately 0.7 miles from the A12, where there are currently only 3 industrial units still available to let.  The landlord is offering units on a new effective full repairing and insuring lease, by way of a service charge for a term of 5 years, with the first six months of the term and half rent.

Each of the steel framed units benefit from allocated car parking and a dedicated loading area, as well as an office and bathroom facilities, 3 phase power and gas.  Ranging between 1,286 – 1,816 sq ft, they are classed for B1, B2 and B8 uses.  Contact John Logan or James Wright on 01376 530135 for further information.

Last remaining energy-efficient unit available to let at Beehive Lane in Great Baddow, a development of 3 units suitable for a variety of uses, subject to planning.

This development is located on the south side of Beehive Lane, approximately 2 miles south of Chelmsford city centre.  Designed with energy-efficiency in mind, the development benefits from solar panels, an electric vehicle charging point and is of insulated steel construction.

Unit C has a GIA of 1,517 sq ft. (141m) with a minimum eaves height of 15.74 ft (4.8m) and has B1 use, with an application submitted for retail.  Available on a new full repairing and insuring lease, the term of years is to be agreed.  For further information, please contact James Wright or John Logan on 01245 261226.

Freehold commercial development site with planning consent at Beckingham Business Park, Tolleshunt Major.

This 3.3 acre site is home to a number of diverse industrial/warehouse occupiers, located around 5 miles from Maldon and approximately 8 miles east of the A12, which provides a direct route to the East Coast ports and M25.

The thirteen proposed industrial units and office building would almost form a U-shape around a central triangle, which would contain a small café, parking and soft landscaping.  The site could also be used for a variety of other purposes, subject to planning.  Planning Ref: FUL/MAL/20/00493.  Contact James Wright on 01245 261226 for further information, or to request a copy of the information pack.

For anyone seeking professional advice in relation to selling or purchasing a commercial investment property, please get in touch with our team who will be happy to share their expert advice.  If you are looking to secure new premises, register with us below for property alerts.

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