Description
The Greenhouse is a distinctive, purpose-built sustainable office building set within landscaped grounds centred around a wildlife pond, providing a high-quality working environment with strong environmental credentials.
The property is arranged in two wings. The East Wing operates as a business centre with shared meeting and conferencing facilities, creating an established on-site business community. The available accommodation comprises the West Wing, providing high-quality office space across large, efficient floorplates.
The accommodation provides predominantly open-plan office space, featuring:
- Meeting rooms and private offices positioned to the perimeter
- Excellent natural light via generous glazing and rooflights
- Floor boxes providing accessible power and data distribution
- Passenger lift serving both floors
A comprehensive refurbishment programme is being undertaken and, upon completion, the specification will include:
- Modern LED lighting
- New carpet tile flooring
- Exposed services and feature lighting in selected areas
- Refurbished WCs and ancillary areas
- Upgraded finishes throughout
Providing a bright, modern and flexible working environment aligned with current occupier requirements.
Location
The Greenhouse is located on Greencroft Industrial Park, a well-established business destination in Stanley, County Durham. The estate is home to a range of occupiers including Karbon Homes and Lanchester Wines, providing a strong and established commercial environment.
The property benefits from excellent connectivity, situated approximately 8 miles north-west of Durham City and 15 miles south-west of Newcastle upon Tyne. Road access is via Greencroft Parkway, which links directly to the A693 and the wider regional road network.
Durham railway station, approximately 8 miles to the south-east, provides direct access to the East Coast Main Line, offering regular services to London, Newcastle and Edinburgh. Newcastle International Airport is located approximately 19 miles to the north.
Terms
The accommodation is available by way of a new effective full repairing and insuring (EFRI) lease for a term of years to be agreed, at a quoting rent of £50,000 per floor (£100,000 per annum for the whole).
Ownership & Social Impact
The Greenhouse is owned and operated by Groundwork North East & Cumbria, part of the wider Groundwork UK federation — a charitable organisation focused on delivering environmental and community initiatives across the region.
Income generated from The Greenhouse is reinvested into local projects and programmes, supporting environmental improvement, community wellbeing and wider social impact initiatives throughout the North East.
Occupiers therefore benefit not only from a highly sustainable working environment, but also from contributing towards positive outcomes within local communities.
Sustainability & ESG
- A+ (-37) EPC rating
- On-site renewable energy via 35m wind turbine
- Integrated solar panel system
- Ground source heating and cooling
- Rainwater harvesting infrastructure
- Passive ventilation strategy
- EV charging provision
- Designed to maximise natural light and occupier wellbeing
Service Charge
A service charge will be payable in addition to the rent, covering the maintenance, repair, running, and cleaning of the internal and external common parts, as well as reasonable utilities serving the demise.
Business Rates
The West Wing is presently assessed as a whole. Should the accommodation be occupied on a floor-by-floor basis, the premises will require reassessment by the Valuation Office Agency.
With effect from 1 April 2026, the rateable value is £72,500, giving rise to rates payable of approximately £40,238 per annum (£4.45 per sq ft).
Indicatively, and for guidance purposes only, the rates liability per floor is estimated to be in the order of £18,000 per annum, although this will be subject to formal reassessment.
VAT
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are to be made to Graham S Hall upon this basis and where silent, offers will be deemed net of VAT.
Legal Costs
Each party to bear their own.
Anti-Money Laundering Regulations
In accordance with anti-money laundering regulations, two forms of identification and confirmation of the source of funding will be required from the purchaser / tenant.
About Us
Established in April 2017, Graham S Hall Chartered Surveyors are a highly regarded independent firm of Chartered Surveyors and commercial property agents based in Durham.
We are passionate about property and getting the best results for our clients. We pride ourselves on hard work and giving good honest advice, irrespective of the fee and even when it might not be what the client wants to hear.
While our focus is primarily on sales, lettings and acquisition of retail, office, industrial and investment, we also offer extensive experience in asset management, development and lease advisory, such as lease renewal and rent review.
Our main core areas of work include:
Leasing and letting
Sale and purchase
Investment sale and purchase
Lease renewal and rent review
Asset management
Development
Consultancy
Expert witness
However big or small, we are ready to help. Talk to us today.
