Northumberland-based haulage and storage firm Moody Logistics has created three new incubator units to provide office and warehousing space to support small businesses.
The business has developed the incubator units at its Cramlington headquarters, with one occupant already having moved in, transferring services from the South of England into the North East.
The two remaining office spaces offer up to two work stations and are ideal for businesses that also require storage and transport, as well as benefiting from reception services and a board room.
Moody Logistics is a family-owned and operated business, based at Cramlington’s Bolam Business Park.
Oxfordshire firm The Defining Way, which counts Vodafone, BBC Worldwide and WWE – World Wrestling Entertainment among its clients, has already taken the first of the three units.
Business Development Director Caroline Moody said: “There are a lot of places that offer offices or “lock up” storage space, but few that offer an office with proper warehousing – forklift trucks, warehouse staff – and there is a real need for such dual purpose space with the warehousing support facilities that go with it
“The incubator units are not only great for people looking to get started and have stock which needs to be distributed, but also for existing businesses that are looking to expand but don’t want to commit to much larger overheads with high rents and rates as these units will put them at the heart of our existing logistical hub.
“We had the space available and saw a real opportunity to diversify in a way that not only utilises our existing resources, but complements our services and creates opportunities for other businesses.”