A new development of 30 industrial units is proposed for a long-empty brownfield site in Cramlington.
Priority Space has secured a four-acre plot on the edge of the town’s established industrial estate and aims to transform the vacant site into nearly 60,000 square feet of purpose-built industrial and warehousing workspace.
The £5.5m development will deliver 30 speculative business units, available to buy or let by small and medium-sized business. Planning permission is currently being sought for the scheme, and pending approval, Priority Space hope to start work on site in 2022.
Lee Buchanan, director of Priority Space, said: “We look forward very much to investing in this scheme and bringing 30 new industrial units to this prime location in Cramlington.
“We are committed to developing high-quality and sustainable workplaces where companies can invest in their businesses and contribute to the economic regeneration of their local area. We’re very pleased to be adding Cramlington to our North East portfolio.”
Priority Space is currently working on commercial property developments in Darlington, Redcar and Consett, all due for completion in the next 18 months.
Priority Space purchased the four acres of development land on the junction of Baker Road and Nelson Road in Cramlington from Homes England. The plan is to transform the plot, which has laid dormant for decades, into a development of business units, ranging in size from 1750 sq. ft to 2250 sq ft – creating a total of 57,630 ft of new workspace.
Lee added: “We know there is demand for units of this size in the area and look forward to the development supporting SME’s ambitions and Cramlington’s economic growth.”
South Yorkshire-based Priority Space is committed to developing sites across the north of the UK to create high-quality and sustainable workplaces which stimulate regeneration and economic growth. All its units are built to a high specification with a focus on environmental sustainability standards; and with the aim to gain BREEAM, EPC and Secured By Design accreditation.