Portfolio

Flaktwoods, Cuckoo Farm
Colchester
A 175,000sqft specialist Manufacturing Facility in a project agreement with Colchester Borough Council and Flaktwoods Limited
We believe imagination is the key to innovation and we applied both the complex problems encounter by Flaktwoods – one of Colchester’s major manufacturing employers.

Flaktwoods faced having to relocate from Colchester since there was no public money available to create a new link road into the town’s only allocation of new industrial land, owned by the Borough Council.

Churchmanor, Colchester Borough Council and Flaktwoods entered into a tripartite agreement to ensure Flaktwoods stayed in the town.

Working with Flaktwoods, Churchmanor assumed responsibility for financing the new Colchester East/West Relief Road needed to access the proposed 13-acre industrial site. An improved residential planning consent was negotiated for Flaktwoods’ existing 40-acre freehold site. The enhanced planning value was transferred to meet a proportion of the new site’s infrastructure cost.

Close collaboration between all partners enabled Colchester Borough Council and Flaktwoods to achieve their individual ambitions.

Project facts

Partners

Colchester Borough Council and Flaktwoods Limited

Size

175,000sqft of industrial warehousing on 10 acres of land

Occupiers

Flakt Woods Limited

Status

Completed

Project value

£20 million
The Flaktwoods Development was full of complexity but we found Churchmanor’s approach refreshing. They were straightforward to deal with and completed the project on time and to agreed budgets. The Fund has been extremely pleased with the investment.
Kenny Jamieson, Invista Real Estate Investment Management on behalf of Clerical and Medical