Member Article

Former Berco big shed in Spennymoor comes to market

A significant big shed in Durham has hit the market in what is one of the biggest industrial properties currently available in the region.

The 150,000 sq ft warehouse, formerly occupied by manufacturing firm Berco, is located on Meadowfield Avenue in Spennymoor, part of the Green Lane Industrial Estate, and is available on a leasehold basis.

Industrial property firm HTA Real Estate, who have been been appointed as regional agent in the deal alongside national agent GL Hearn, believe the site represents one of the biggest North East industrial properties currently on the market.

Nick Atkinson, director at the agents commented: “This is a rare opportunity given the current shortage of big sheds in the North East, we are only aware of one other comparable unit of this size on the market in the region, and there remains only a handful of sheds over the 100,000sq ft mark.”

“It would be ideal for a third party logistics company with a contract-led requirement due to the flexible nature of the lease. However it could also suit a variety of uses from engineering with the cranes to warehousing because of the height and close proximity to J61 of the A1(M).”

The building sits at the entrance of the industrial estate, which has been rebranded Durham Gate as part of its redevelopment as a mixed-use business park, with part of the site leased global tool manufacturer Stanley Black and Decker.

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