Jade Business Park
Phase 1 – 155,000 sq ft (14,399 sq m) of new speculative industrial units from 11,195 sq ft (1,040 sqm) to 31,229 sq ft (2,901 sq m). Enterprise Zone with up to 5 years’ free business rates.
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50,000 sq ft pre-let to Sumitomo Electric
New mixed use industrial and office space to LET
Phase one of the 55-acre site delivers seven new industrial units, totalling 155,000 sq ft of new space for distribution, technology, and advanced manufacturing businesses. Businesses will join Sumitomo Electric Wiring Systems Europe (SEWS-E), who have taken the 50,000 sq ft unit 6. The remaining six industrial units at the park range from 11,195 – 31,229 sq ft.
Jade Business Park offers qualifying occupiers a business rates discount which is worth up to £275,000 over a 5-year period of occupation.
County Durham has a vibrant and effective labour market of 258,200 economically active people including:
Managers/directors, professionals and associated professional & technical – 99,900
Administrative & Secretarial and skilled trade occupations – 47,600
Caring, leisure & other services. Sales & consumers services – 46,100
Process plant & machine operatives. Elementary Occupations – 50,500
For further information
There are six units available to let, our first tenants Sumitomo Electric Wiring Systems Europe, part of a global Fortune 500 corporation company took occupancy of their 50,000 sq ft unit in the summer of 2020.
JADE BUSINESS PARK PARTNERS