Search

Industrial units takes shape on new Ipswich business park

PUBLISHED: 16:05 20 May 2020 | UPDATED: 07:27 21 May 2020

Cranes Business Centre taking shape at Futura Park, Nacton, Ipswich  Picture: CHANCERYGATE

Cranes Business Centre taking shape at Futura Park, Nacton, Ipswich Picture: CHANCERYGATE

Chancerygate

New warehouses and industrial units are under construction on the site of the old Crane heavy industrial factory in Ipswich.

The undeveloped area of Ipswich's Futura Park in 2019  Picture: GOOGLEMAPSThe undeveloped area of Ipswich's Futura Park in 2019 Picture: GOOGLEMAPS

The well-known Nacton engineering site has been redeveloped in phases, with the four-acre Cranes Business Centre consisting of a range of 19 units from 2,000sq ft to 51,000sq ft which are now being offered up on a freehold and leasehold basis.

The new industrial site is close to a John Lewis-Waitrose outlet which became one of the early flagship developments on the Futura Park scheme.

MORE – Town ‘could prove magnet to London buyers’ as lockdown shifts perceptions about work and life

Futura Park is one of the 10 sites across Norfolk and Suffolk that make up New Anglia Local Enterprise Partnership’s Space to Innovate Enterprise Zone, which aims to create 18,500 jobs over the next 25 years.

You may also want to watch:

Occupying units on the Enterprise Zones comes with a wide range of benefits to companies including a business rate discount of up to £275,000 over five years, simplified planning and access to superfast broadband.

Julian Munson, head of enterprise zones and innovation at New Anglia Local Enterprise Partnership, said: “This development offers top quality, flexible units and being within each easy reach of the A14 means it has superb connectivity.

“Industrial space in Suffolk is estimated to cost 33% less than the national average and Enterprise Zone status gives companies investing here tax breaks and other support.

“House prices and wages are also lower than those in many other parts of the country, so locating your business here makes great financial sense.”

The buildings are currently under construction and expected to be available later this year.

Subscribe to our daily coronavirus newsletter, with all the latest from where you live. Or visit our Facebook page or link to our daily podcast here


If you value what this story gives you, please consider supporting the Ipswich Star. Click the link in the orange box above for details.

Search hundreds of local jobs at Jobs24

Become a supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Latest from the Ipswich Star