Naylors becomes commercial property agent of East Boldon industrial site

Naylors has been appointed as commercial property agent on the International Advanced Manufacturing Park (IAMP) as construction continues apace.

Works to prepare the 370-acre site for the next stage of development are now underway, with infrastructure being installed for roads, drainage, utilities and environmental mitigation work on the first phase of IAMP.

Construction began on the first building on IAMP earlier this year, and is due to open in late 2019. The first phase, IAMP One, covers 125 acres and will deliver 1.6m sq ft of advanced manufacturing space.

Tom Wheldon, regional manager at HBD, said: “It’s great to have Naylors on board - the team brings significant knowledge of local markets and the companies driving the economy within the North East, so they’re well placed to support IAMP as we welcome further occupiers.

“Interest from potential occupiers has remained robust - particularly from manufacturing and engineering companies with large requirements, and smaller business looking for light industrial and warehouse space.”

IAMP is being delivered in a joint venture between Sunderland City Council and South Tyneside Council, with Henry Boot Developments (HBD) as appointed delivery partner.

£42m has been pledged through the North East LEP towards infrastructure including new roads, bridges and environmental enhancements to support the development.

Chris Donabie, director of Naylors, added: “It’s great to be appointed on such a unique and important scheme for the North of England.

“IAMP is already capitalising on our region’s strengths in the automotive and advanced manufacturing industries, beginning to provide the very best buildings and environment for businesses to thrive.”