A former glass manufacturing facility is now home to new tenants after new life was breathed into the estate by its owners.
Prospect Estates Ltd bought up the former 7.7-acre Saint Gobain Glass Factory on Greenfield Industrial Estate in Bishop Auckland two years ago before setting out on a major refurbishment programme.
The factory had recently been let on a temporary basis but has now been refurbished and has welcomed its first new tenant following the completion of the works.
County Durham Fabrication has taken a 9,300 sq ft industrial unit on lease, having relocated their five-strong team from Tursdale in County Durham.
The company was set up around 18 months ago and is a structural steel fabricator and directors will soon be taking on a sixth member of staff following the move.
Other parts of the site are also available to let, or to buy, with space remaining flexible to meet future occupants’ needs.
The refurbishment work has included the selective demolition of approximately 50,000 sq ft of existing space to create a large external yard, as well as a major re-clad and the addition of new loading doors to open up the facility, leaving approximately 110,000 sq ft of space on the secure site.
Jonathan Simpson, director of Connect Property North East, the letting and sale agent for the site, said: “The new letting is testament to Prospects Estates’ ongoing commitment to Catkin Way and the significant refurbishment they have carried out.
“The completion of the refurbishment coincides with a busy period across the North East industrial market, and whilst we are heading towards the quieter summer period there still remains a number of unsatisfied requirements for space across the region from businesses looking to re-locate and expand.
“The newly-refurbished space offers two major characteristics that make it stand out from other sites on the market, namely eight metre-plus eaves and a significant amount of craneage.
“We are also able to offer a single unit of 100,000 sq ft as well as variety of other flexible sizes from 12,000 sq ft upwards.”
Tim Whittaker, of Prospect Estates Ltd, said: “Over the past few years, we have adopted a flexible development approach that has served us well.”