MCR’S EXPANSION CONTINUES WITH SYSTEMATIC BUSINESS PARK ACQUISITION
MCR Property Group have completed their acquisition of Systematic Business Park in Colchester.
Systematic Business Park spans 5.47 acres and benefits from an established commercial area, located off Old Ipswich Road. Colchester is a popular town for commuters, 65 miles from central London, and currently undergoing a £3 billion+ development drive, which MCR can both benefit from and contribute to.
MCR aims to provide high quality, new build, modern industrial assets to suit the needs of light industrial and warehouse operators. Key features of the proposed units include a 10% allocation for offices, eaves height of 8m, ample loading space, and an attractive and contemporary appearance to provide visual interest. HGV access will be available to each unit, and the site will feature 161 parking spaces.
Harry Ladds, Asset Manager at MCR said: “Systematic Business Park is a great addition to our investment programme. Colchester is experiencing high levels of investment and growth. Adding new commercial spaces will support the growth of the area and lead to additional opportunities for the local economy. We are working hard to follow the latest industrial trends and requirements, and our goal is to provide optimal spaces for the growing industrial sector.”
Systematic Business Park is the latest feature in MCR’s industrial expansion, with more expected to follow during the year.