Atex Business Park
Merrifields were appointed as selling and letting agents at the new speculative Industrial / Business Park Development in Stowmarket. Atex Business Park is very well connected having excellent access to junction 50 of the A14 which links Felixstowe in the East and the M11, A1 and M1 in the West. Stowmarket is on the intercity line between Norwich and Liverpool Street.
Merrifields secured off market sales for the majority of phase 1 of the development to both owner occupiers and investors. For phase 2 and 3 of the development Merrifields were able to secure pre-lets to big Trade Counter names including Screwfix, Toolstation and Howdens and were then able to sell those investments to investors in off market transactions securing profit for the developer and increasing value across the whole future Business Park Development. The new ‘Trade Park’ is now open and trading as Merrifields continue to market phase 4 of the site as well as being appointed managing agents for the Park.