Carter Jonas has been instructed to market a new business park in Yaxley, to be developed by Peterborough-based R&H Estates, but the instruction is only the latest phase of Carter Jonas' association with the site, now known as Eagle Business Park.

Plots of serviced commercial development land will be available on the 21.85 acre site at Broadway, Yaxley from summer 2008, however Carter Jonas' involvement stretches back to 1999 when the firm's Planning Division began to work on behalf of the former owner of Station Farm to bring the land forward for B1/B2 industrial and office use, for which outline planning permission was granted in 2003.

The firm's Commercial Division then marketed the freehold interest in the land with the benefit of the outline planning permission. The sale to R&H Estates was concluded earlier this year with Carter Jonas immediately instructed on a joint agency basis to market both serviced plots and design & build opportunities at the newly renamed Eagle Business Park.

Ahead of the outline planning permission being granted, the firm's planning team also undertook a Traffic Impact Assessment and a requirement for a bus stop and cycleway is subsequently being supported by the developer.

Half of the available space at the business park is already under offer to companies who are looking to relocate to bigger premises, but there are still combinations of serviced development plots from 0.5 acres upwards available on a freehold or leasehold design & build basis.

Serviced plots start at £165,000, rising to £1 million for the largest.

R&H Estates' plans for future commercial development at Eagle Park include a speculative scheme of industrial units available on a freehold or leasehold basis and on which the joint agents are also taking enquiries.

James Cameron, who heads the office and industrial agency in Carter Jonas' Peterborough office, commented:

“This is a multi-million pound investment by R&H Estates and it demonstrates a confidence in the strength of the commercial property market in the area by one of its leading developers.

“R&H Estates has recognised a demand for this kind of commercial property in the short, medium and long term and that Peterborough has the capacity to fulfil this.”

ENDS

Notes to editor: • Carter Jonas is a national firm of property consultants with 19 offices in England and Wales. • Carter Jonas is a multidisciplinary firm, with divisions including: Residential, Rural, Commercial, Planning, Development, Building Consultancy and Minerals & Waste Management. For more information about the range of specialist services offered, visit our website at www.carterjonas.co.uk.

Contact: James Cameron, Tel: 01733 588688, Email: james.cameron@carterjonas.co.uk Press enquiries to: Graham Holton, Tel: 020 7758 9694, Email: graham.holton@carterjonas.co.uk