Ellisons has advised national distributor Cargo Move Ltd on the letting of Unit 5 at Eastern Gateway, Ipswich, securing 44,022 sq ft of high-quality warehouse and logistics space.
The strategically located site, situated off Sproughton Road close to the A14 and A12, has been developed to the highest specification and provides a total of 160,782 sq ft of new build accommodation for Ipswich. The scheme has achieved BREEAM ‘Excellent’ certification and an EPC ‘A’ rating.
Ellisons’ Commercial Property team, led by Partner Philip Roberts and assisted by Molly Bailey, acted for Cargo Move Ltd, guiding the client through a fast-track legal process to enable immediate occupation of the unit.
Philip Roberts commented: “We were pleased to support Cargo Move Ltd in securing this major letting at Eastern Gateway. The transaction was completed swiftly to meet the client’s requirements, reflecting both the strength of our commercial property expertise and Ipswich’s continued appeal as a prime logistics hub.”
Hongwen Wang, Director of Cargo Move Ltd, added: “This new facility marks an important step for our business. The excellent connectivity and modern specification of Eastern Gateway make it an ideal base for our operations, and we are grateful to Ellisons for their support in completing the deal efficiently.”
Phil Dennis, Director, Commercial at Savills, joint letting agent for the landlord alongside Lambert Smith Hampton and Penn Commercial, said: “Unit 5 attracted strong interest thanks to its specification and location immediately off the A14. We are delighted to welcome Cargo Move Ltd to Eastern Gateway and to have concluded this letting so swiftly, which highlights the ongoing demand for first-class logistics accommodation in Ipswich. This leaves only one unit available of 52,491 sq ft at Access @ Eastern Gateway.”