Prime Group has unveiled plans for an industrial scheme in Aycliffe Business Park. The Prime Point development will comprise two units totalling close to 80,000 sq ft.
HTA Real Estate have been appointed as joint agents on the development, which is located at Carlbury Road within the business park, just off to A167 and close to the A1(M).
Both of the units include ancillary office space and offer eaves heights of up to 12 metres, alongside 35 car parking spaces, including EV charging points.
Nick Atkinson, director at HTA Real Estate, said: "Aycliffe Business Park is one of the biggest industrial estates in the region and new units such as these are in high demand from both manufacturers and warehouse operators alike.
The proposed development is excellent news for the estate, the new units will bring some much-needed stock for both Newton Aycliffe and the wider area. Buildings of this size are currently non-existent on the estate, as occupancy levels are at a record high."
Imran Younus, director of Prime Group, said: "Prime Point Durham is an excellent location, and we're confident the product on offer will appeal to occupiers in the local and regional market. Prime has established a strong reputation for delivering in the sector, and we look forward to making further announcements in due course."