Case Study

Teal Farm Park

Development: Teal Farm Park, Pattinson Industrial Estate, Washington NE38 8BG

Value: £5,300,000

Description of Works:

Teal Farm Park comprises over 55,000 sq ft of employment space constructed in two phases. Ten industrial units and an office development provide a range of accommodation constructed to a high specification. The site is part of a major 60 acre mixed use development which benefits from planning for over 600 houses, landscaped open space and play areas, a village centre and a public house / restaurant.

Project Specifics (Phase 2):

• First speculative industrial development in the North East since 2009
• Grant Funding received from European Regional Development Fund 2007‐2013
• Loan Funding received from North East Local Enterprise Partnership (NELEP)
• Constructed to BREEAM Very Good Standard
• Flexible industrial unit sizes from 330 sq m (3,500 sq ft) up to 650 sq m (7,000 sq ft)
• Office accommodation from 125 sq m (1,353 sq ft) up to 375 sq m (4,059 sq ft)
• Retained by Hellens and available To Let by way of FRI leases