STATION Place, a new 55,000 square foot industrial estate being developed at Aycliffe Business Park in Newton Aycliffe, will be available for occupancy in June 2022.
The program will provide several high-specification industrial units with an EPC B rating, potentially saving businesses currently occupying older premises thousands of utility bills over a five-year occupancy period.
One of the most important decisions a business can make is where to locate, and for many that has never been more important than in the current economic climate.
Over the past few years, we have seen widespread shortages of industrial property, further exacerbated by the coronavirus pandemic. Then there is the energy cost spiral which means that a building’s energy performance becomes a key factor when choosing a business location, especially if you are committing to a lease of five or even ten years.
That’s why Station Place is a standout development for 2022.
The new units have an EPC rating in the upper B bracket, or in other words are ‘very energy efficient’, which could save businesses thousands of pounds over a lease term of five or ten years compared to an older industrial unit with a lower EPC rating. Not to mention the maintenance savings companies would realize by occupying a new unit.
“It is widely recognized that there is a shortage of industrial stock in the North East and indeed across the UK,” says Adrian Goodhall of Rokeby Developments. “Station Place’s new units range in size up to 10,000 square feet and have an EPC B rating, meaning they will provide businesses with substantial long-term energy savings, a key consideration for any All units have the option of installing electric car charging stations as well as ultra-fast fiber optic broadband, and ongoing maintenance costs are significantly reduced with a new version.
“Overall, Station Place is a great opportunity for ambitious companies looking to plan for the future in new buildings that will stand the test of time for many years to come.”
Station Place is part of the wider £90m Merchant Park industrial scheme at Newton Aycliffe – a 65 acre development at Aycliffe Business Park which is located off J59 of the A1(M) and is home to Hitachi Rail Europe.
The £4.8 million scheme will provide several new industrial units of up to 10,000 square feet, supporting new and expanding businesses in Newton Aycliffe and beyond and creating up to 130 jobs in County Durham.
Businesses located at Station Place will be in good company as Aycliffe Business Park is home to over 500 businesses, including international companies such as Husqvarna, Gestamp Tallent and Lidl.
Business Durham – which will manage Station Place as part of its extensive portfolio of industrial properties – found that occupancy levels had never been higher.
Anne Ellwood, property manager for the south, said: “We manage over 500 commercial properties in the county and have never been busier, particularly on industrial sites. One notable change we’ve seen in recent months is that more and more companies are focusing on energy efficiency. As the cost of gas and electricity rises, companies need to seriously consider the costs of running their buildings as part of their long-term strategy. Station Place units are some of the best on the market in this region, and given the current level of interest, we don’t expect them to be available for very long.
Station Place will be ready for occupancy in June 2022, but tours are available now.
For more information about Station Place and to book a tour, visit www.stationplace.co.uk