New jobs are soon to be created on a 10-acre site in Northumberland following a deal by the region’s largest independent commercial property consultancy.
Naylors Gavin Black has secured a new five-year letting for the 100,000 sq.ft premises which are to be used as a factory and warehouse by new tenant Merit.
The sustainable off-site construction specialist will also retain an option to purchase the property.
Located at Nelson Industrial Estate in Cramlington, the building which was formerly occupied by plastic manufacturer Jaycare, has been out of use for several years but will now be a strategic site for Merit’s ongoing projects.
Owned by private investor Hollowvale Ltd, the building, which has a secure yard area and is served by the nearby A189, provides an additional factory for Merit, whose head office is on Northumberland Business Park.
The new premises will complement its existing workshop on the neighbouring Admiral Business Park, as well as its Glasgow and London properties.
Keith Stewart, partner at Naylors Gavin Black, which acted as joint agent alongside Frew Pain & Partners, said: “After falling into disrepair and laying empty for such a long period, it will be fantastic to see this space help a successful local company grow further.
“The area is a great one for businesses and employers of all kinds, with a number of other commercial estates and many local amenities only a short distance away.”