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Development Opportunity, Spectrum Business Park, Seaham, SR7 7TT

POA

Knight Frank, Newcastle - Commercial
SIZE AVAILABLE

13,068 sq ft

1,214 sq m

SECTOR

Light industrial facility to lease

Lease details

Lease available date:
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Description

Spectrum Business Park is one of the primary office parks in County Durham.
Well established as both an office and industrial location it boasts a range of occupiers including Durham County Council, the DWP, Believe Housing, Great Annual Savings, ResQ, Northumbrian Water as well as a number of businesses housed in EDBS serviced office space.

Occupiers in the neighbouring industrial accommodation include Castle Eden Brewery, Kidde and Orbis.
In addition, construction is about to commence on South Seaham Garden Village, a residential development of 1,500 homes to the immediate south of Spectrum Business Park.

Given the size of workforce at Spectrum (est. at over 2,500), it is poorly serviced in terms of food & drink outlets. The nearest facilities are situated over 1 mile to the north in Seaham Town Centre.
As such there is a demonstrable need for food/drink retail on the site to serve the growing workforce as well as the opportunity to capture passing trade.

The available development site is a redundant bus turning circle extending to circa 0.3 acres.

Initial architect designs using the existing turning circle road layout indicate the site can accommodate a retail pod of at least 1,145 sq ft (subject to planning), however there is scope to further increase the floor area deliverable.

Vehicular access is immediately off the main spine road running through the estate and footpaths provide direct access to the site from the office buildings with the business park.


Spectrum Business Park is located to the immediate south of Seaham in County Durham on the North East Coast.

The Business Park is situated on the A182, the main arterial route linking Seaham Town Centre with the A19. The development site is positioned to the north of the business park and is overlooked by the main office buildings and within view of the A182 roundabout which acts as a gateway to Spectrum Business Park and Seaham Town Centre.

Brochures

Development Opportunity, Spectrum Business Park, Seaham, SR7 7TT

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Seaham Station1.0 miles
  • Horden Station4.3 miles

About Knight Frank, Newcastle - Commercial

St Anns Quay, 124 Quayside, Newcastle Upon Tyne, NE1 3BD

Knight Frank, Newcastle - Commercial

Knight Frank is the leading independent, global real estate consultancy providing an integrated prime commercial and residential offering, operating in key hubs across the globe.

Headquartered in London with 244 offices, employing more than 7,067 professionals and spanning five continents, Knight Frank provides the highest standards of quality and integrity in global residential and commercial property advisory services. Our reputation for uncompromising professionalism in everything we

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