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News

Two units remaining at Ipswich's in-demand Crane Park, Ravenswood

Penn Commercial is pleased to be marketing two industrial / warehouse units - Unit 23 of 213 sq m (2,293 sq ft) and Unit 25 of 193 sq m (2,076 sq ft) - at Crane Park, on Ipswich's Ravenswood, which lies next to Futura Park.

There has been strong interest in developer Northwood Urban Logistics' 19-unit scheme, and these units are expected to be highly sought after.

The units can be combined to create a larger premises of 406 sq m (4,369 sq ft). 

Tenants on the popular business park include Easy Bathrooms, Howden Joinery, and a range of wholesalers, logistics companies, trade counters and light industrial users.

Penn Commercial Associate Robin Cousins said:

“It has been really positive to see such uptake at Crane Park since its inception in 2021, driven not only by the lack of stock locally, but also the high quality of these units.”

Crane Park, which lies on Crane Boulevard, has been built on the site of a former Crane heavy engineering plant in Ravenswood - once the town's biggest private sector employer - and lies within Ransomes Europark, Ipswich’s largest industrial area.

Nick Turner, Executive Director of Asset Management at Northwood Investors, added:

“A diverse portfolio of national and international brands have decided to relocate and expand their businesses at Crane Park, with our high-specification, flexible units."

The accommodation comprises the following, measured on a GEA basis:

Description

sq ft

sq m

Unit 23 - Ground Floor

1,618

150.32

Unit 23 - First Floor

675

62.71

Unit 23 - TOTAL

2,293

213.03

Unit 25 - Ground Floor

1,466

136.20

Unit 25 - First Floor

610

56.67

Unit 25 - TOTAL

2,076

192.87

The flexible industrial / warehouse units are finished to a shell specification for occupiers to undertake their own fit-out to suit their specific occupational needs.

General Specification:

• 7.6m clear internal height
• First floor for storage or fitting out as office space
• 37.5kN sq m floor loading
• Electric loading doors
• Ability to combine units
• Woodland amenity
• 10-year collateral warranty available

Planning Use: E(g) (formerly B1c), B2 and B8 (industrial and warehouse) uses.

Terms & Tenure: For those seeking modern industrial space, these units stand ready for occupancy, priced at £25,000 per annum exclusive for Unit 25, and £28,000 per annum exclusive for Unit 23, with new lease terms.

To find out more, visit the website at https://www.penncommercial.co.uk/properties-to-let/property/4454-crane-boulevard-ipswich

All enquiries to Robin Cousins on 01473 211933 / This email address is being protected from spambots. You need JavaScript enabled to view it.