Member Article

Port of Tyne industrial space brought to market

Large industrial units at Port of Tyne are coming to the market and will be ready for occupation early next year.

Naylors Industrial Agency team has been instructed to market the space, which includes Units 5, 6 and 20 totalling over 300,000sqft.

The units have become available due to Vantec relocating most of their warehousing operation to a 436,000sqft new build office and facility in Washington, close to their existing site.

Keith Stewart, head of industrial agency at Naylors said: “This is a fantastic opportunity to acquire secure, high bay warehouse and distribution premises in one of the region’s best logistics locations with the advantage of award-winning Port facilities.

The units comprise part of the main development of high bay industrial units located close to the main Tyne Dock entrance of the Port of Tyne, with the A19 and Tyne Tunnel in close proximity. Sanderson Weatherall has been appointed as joint letting agent alongside Naylors.

Keith continued: “It has been well documented that the North East is suffering from a lack of big sheds and units 5 & 6 combined will provide the largest industrial space available in the region. We anticipate a high level of interest given the size of the space available and the services the Port offers.”

The Port of Tyne is one of the UK’s major deep sea ports providing a vital trading gateway to Europe and beyond. In 2014 it was named UK Port of the Year in the National Transport Awards.

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