The £4.8m scheme - known as Station Place - will provide 50,333 sq ft of space in the form of 10 new starter units.

£4.8m scheme at County Durham business park to provide space for SMEs

A new multi-million pound phase at a growing North East business park is set to provide new units for growing business in the region.

Merchant Anglo has submitted a new planning application for the next phase of its Merchant Park development in Newton Aycliffe.

If approved, the £4.8m scheme - known as Station Place - will provide 50,333 sq ft of space in the form of 10 new starter units.

Geoff Hunton, director of Merchant Anglo, explained: “We realised there was a shortfall of modern fit for purpose units in Newton Aycliffe to support new and growing business in conjunction with our partners Business Durham.

“At Merchant Park, home of Hitachi, we want to be able to support business of all sizes and hopefully one day, when the business park is full, they can all support each other.”

Sarah Slaven, Interim managing director at Business Durham, added: “We are delighted to be working with Merchant Anglo to bring forward this exciting development.

“I’m sure Station Place will very quickly become a key part of the wider Aycliffe Business Park, which is already the biggest industrial estate in the North East.

“As the economy moves into the recovery phase we are working with partners to create an environment where businesses can thrive and grow. High-standard facilities, such as these, are a fantastic opportunity for local companies to find space to expand while staying in the region.”

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