Brownfield development site.
Unconditional purchase of a 9.8 acre site. A planning application will be submitted for a comprehensive redevelopment comprising of over 150,000 sq ft of employment uses. The site is strategically located in close proximity to the Nissan car plant in Sunderland. Subject to planning consent, the building will be available for occupation by Q2 2019.
Ownership interest: 100%
Floorspace: In excess of 150,000 sq ft
Letting status: Available to let
Acquired: January 2018
Title: Long Leasehold