Landmark sells in Ipswich

By James Buckley - Friday, August 08, 2014 13:10

Landmark Properties has sold the vacant freehold of 53 - 65 Whitehouse Road in Ipswich to Perrin Group Holdings.

The property on Whitehouse Road extends to 110,000 sq ft and sits on a site in excess of five acres.

The sale is the largest seen in Ipswich over a decade in terms of sq ft.

Perrin Group plans to use the site to house two of its subsidiary companies; Hemisphere Freight Services Limited, which is a well-established international logistics provider, and Hawk Express Limited which provides domestic distribution across the UK.

Hemisphere and Hawk previously operated from three locations in Ipswich and Felixstowe and this deal will see Perrin Group consolidate all of the local activity and operate from under one roof.

Chris Moody, director of business space at Savills Ipswich, which advised Landmark, said: “As the biggest industrial freehold sale seen in Ipswich in over a decade, not only is this a significant deal for the area, it also demonstrates the attraction of Whitehouse Road as a commercial hub and prime location for business, benefiting from easy access to the A14 corridor.”

Andy Perrin, managing director and owner of Perrin Group, adds: “As a privately owned Independent Company, this is a significant investment in a site which affords us not only an opportunity to consolidate our local operations, but more importantly to continue the expansion of our International & Domestic Services.  In showing commitment to Ipswich and as a significant employer in the local area, the Perrin Group’s expansion will lead to further employment opportunities in the local area.”

jbuckley@costar.co.uk

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