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UK Land Estates acquires Boldon Business Park units in multi-million pound deal

UK LAND ESTATES has acquired part of Boldon Business Park in a major new deal.

The site, close to the Testos junction on the A19, is home to a variety of industrial and office properties and has been acquired from Nissan supplier Faltec Europe Ltd.

We will now market all buildings which range from 11,790 sq. ft. to 70,028 sq. ft.

The five high quality factory units that form part of the site are former English Estates buildings that we will invest in.

David Gibbs, our commercial director, explained: “This is a strategic site with excellent connectivity to the north and south thanks to significant recent Tyne Tunnel improvements, ongoing improvements at Testos junction and the IAMP development on the doorstep.

“This adds another set of high-quality industrial units, most with incorporated office space, to our portfolio – which is the largest in the North East.

“Our purpose is to provide the best buildings for business by continually investing in and upgrading our units and estates. That’s exactly what we plan to do here on Boldon Business Park.

It has an ongoing programme of renovation and new development designed to meet the changing needs of occupiers across a wide range of sectors.

As the largest owner of industrial estates in the North East, we work with clients from multinational corporations to SMEs and through to sole traders.

This year marks our 30th anniversary – we have grown from a single commercial unit to the largest commercial property owner and developer in the North East, with a portfolio of 28 estates.

Current Developments

Eighth Avenue West, Team Valley

Eighth Avenue West has planning granted for a new hi-spec industrial / distribution unit, with high office content, on this large area of land at the heart of the Team Valley.

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  • Type: Industrial / Distribution
  • Size: 4,910 sqm (52,851 sqft) - option to join site with Eighth Avenue East
  • Location: Eighth Avenue, Team Valley, Gateshead, NE11 0TU

Current Developments

Eighth Avenue East, Team Valley

Eighth Avenue East has planning granted for a new hi-spec industrial / distribution unit on this large area of land at the heart of the Team Valley. Work will commence shortly to redevelop the site.

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  • Type: Industrial / Distribution
  • Size: 3,412 sqm (36,726 sqft) - option to join with Eighth Avenue East
  • Location: Team Valley Trading Estate, Gateshead, NE11 0TU

Current Developments

Kingsway North, Team Valley

Kingsway North is a prime location, immediately off the A1. The prestigious address is being redeveloped into distinctively designed and substantially sized industrial units.

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  • Type: Industrial / Warehouse
  • Size: 2,788 sqm (30,009 sqft) to 5,539 sqm (59,620 sq ft)
  • Location: Team Valley Trading Estate, Gateshead, NE11 0BE

Previous Developments

Enterprise House, Team Valley

Enterprise House is at the heart of Team Valley, and is currently being redeveloped to provide newly refurbished high quality office space on the first floor, and new retail units on the ground floor. 

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  • Type: Retail / Offices
  • Size: Office: Suites from 68.7 sqm (740sqft) to 158 sqm (1,700 sqft) / Retail: Units 83 sqm (893 sqft) and 84 sqm (904 sqft)
  • Location: Team Valley Trading Estate, NE11 0SR

Previous Developments

Dukesway Central, Team Valley

Dukesway Central is located between two of Team Valley’s main thoroughfares. The 10 acre site is being developed to include upto 200,000 sqft of industrial and warehouse units.

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  • Type: Industrial / Warehouse
  • Size: 1,140.5 sqm (12,276 sqft) to 2,493 sqm (26,834 sqft)
  • Location: Team Valley Trading Estate, Gateshead, NE11 OPY

Previous Developments

Mammoet, Teesside Estate

Transport giant Mammoet required new state-of-the-art headquarters. The six-acre facility was built to Mammoet’s specifications.

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  • Type: Warehouse / Office
  • Size: 3,100sqm (33,480sqft)
  • Location: Plot 5
    Teesside Estate

Previous Developments

Intersect 19, Tyne Tunnel

Intersect 19 is located in the Tyne Tunnel Estate, in the commercial hub of North Tyneside.

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  • Type: Warehouse / Manufacturing
  • Size: 4,912 sqm (52,874 sqft) up to 8,187 sqm (88,125 sqft)
  • Location: Tyne Tunnel Estate

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