Ten industrial units at Station Place in Newton Aycliffe have now been built, representing a total of over 50,500 sq ft of space. Designed to support new and expanding businesses the units vary in size up to 8,700 sq ft and are available for occupation immediately.
Station Place is part of the wider £90m Merchant Park industrial scheme – a 65-acre development at Aycliffe Business Park, located off J59 of the A1(M). The business park is home to more than 500 companies employing around 10,000 people, including international firms such as Hitachi Rail, Husqvarna, 3M, Gestamp Tallent and Lidl.
As one of the largest business parks in the UK, Aycliffe Business Park is a strategically important site for economic development within County Durham and the wider North East region.
Durham County Council has agreed a 35-year-lease to support the development of the industrial units. Managed by Business Durham, the business support service of the council, the units are part of its extensive portfolio of industrial property. The development was delivered in partnership with Merchant Anglo and Rokeby Developments.
Cllr James Rowlandson, Cabinet Member for Resources, Investment and Assets at Durham County Council, said: “We’re thrilled to see the development of Station Place come to fruition. It will add much needed growth space to this strategically important hub and bring genuine added value to the regional economy. Our Business Durham team looks forward to welcoming new tenants to the units and supporting their growth.
“This is part of Durham County Council’s £2 billion programme of investment, either planned or underway, and our ambitious ten-year economic strategy that’s helping to make the county an ideal location for investment and development.”
The letting of the units is being managed by Jonathan Simpson, director of Connect Property North East, a qualified chartered surveyor with extensive experience in commercial property.
Jonathan has been dealing with businesses on Aycliffe Business Park for 20 years.
“There was very little availability in terms of empty units on the whole of Aycliffe Business Park, and this development is the latest spec for 20 years, so it opens up new opportunities for new and expanding businesses in premier league accommodation,” says Jonathan.