Ideally situated business village, supporting the growing Tees Valley economy
Location
Middlesbrough, Tees Valley
Size of Site
33,000 sq. ft.
Investment
On acquisition, the commercial units were 30% occupied and required much updating. Meanwhile, the growing Tees Valley economy meant there would be high demand for quality accommodation. A complete refurbishment of the buildings was carried out, with the aim of giving the site a more “business community” feel.
Within 6 months of completion, all 35 units were fully occupied. Tenants include offshore engineers, technology companies, a model railway firm and a bed retailer. The project added a total value of £1.8m.
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