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20,000 sq ft unit sold at Teesside Industrial Estate

UK Land Estates has sold the 20,000sq ft industrial unit to Leicestershire-based company, Colton Packaging Ltd.
 
Jonathan Simpson, Head of Industrial Agency at Sanderson Weatherall LLP says that Teesside Industrial Estate has outperformed all other estates over the course of the last two years. 
 
He said: “Over the last year and a half, we have completed on over 220,000sq ft of transactions on this 250-acre plus estate. These have included the sale to Colton Packaging and a number of significant lettings to companies such as Bemrose Booth, Decorative Panels Ltd, Morrison Utilities and XLEDM. Terms have also recently been agreed for the letting of a 53,500sq ft unit to Cotswold Manufacturing Ltd.”
 
Neil Rodgers from Colton Packaging, said: “We are delighted to have completed our relocation to 119a Dukesway, a 20,300sq ft industrial unit with offices, secure yard and dedicated parking.
 
“We have been located on Teesside Industrial Estate for 12 years and the purchase of new premises shows our continued commitment to Teesside and our vision for growing the business in the North East region generally.”
 
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Commenting on the estate’s recent activity, Tim Witty of UK Land Estates, said: “It’s an exciting time for Teesside Industrial Estate with a number of high-profile lets and sales going through in recent months.  Thanks to competitive rates and a great location, Teesside Industrial Estates has continued to perform well and continues to offer its tenants the right choice to meet their business needs.”
 
Teesside Industrial Estate is a 250-acre plus site and is situated to the south of Thornaby within the Teesside conurbation. The estate lies adjacent to the A19 and is two miles from the A66. Main line rail services are available at Middlesbrough and Darlington, port facilities at Teesport and Hartlepool and air services at Durham Tees Valley Airport.
 
Further information is available from Tim Witty at UK Land Estates on 0191 440 8897 or Jonathan Simpson at Sanderson Weatherall LLP on 01642 426 918.
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