You might want that 220 volt pump. For me in the country to water the lawn is very expensive as it is a sub like yours.
A 220 will take 1/2 the amps to run as a 110, I believe.
Just how much do use the well now and in the future?
9 our 10 times I build things to small.
Yes, you will need another 110 line run to your box and prob. a different box.