Commercial property agents, HTA Real Estate and BNP Paribas have secured a hat-trick of deals at Brough Park Trading Estate, leaving only two units remaining on the estate.
The trade park, which is situated on The Fossway in Newcastle, was acquired by Black Rock Industrial Trust in 2014. Canmoor, who has been appointed as asset manager on the scheme, are overseeing a comprehensive refurbishment of the vacant units.
Recent lettings on the estate include a 6,300sqft unit to furniture recycling business, Orange Box North East, and a further two 7,900sqft units to cleaning equipment suppliers, Thomas Owen& Sons and a children’s crèche, Cheeky Monkeys. Unit 12 is also now under offer.
Thomas Owen & Sons, which forms part of the Trevor Iles Group, already has a unit at Brough Park and will be expanding into the neighbouring unit in a move that will double its floor space, taking it to just under 16,000sqft. The firm specialises in everything from cleaning & hygiene supplies, to waste & recycling systems, personal protective equipment and a complete range of floorcare machines.
Russell Taylor, director at HTA Real Estate said: “Brough Park is an attractive trade park/warehouse location being highly visible from The Fossway and opposite Newcastle Shopping Park. High quality trade park accommodation less than two miles from Newcastle city centre is hard to come by and this offers an ideal logistical location for warehouse occupiers.”
He continued: “Following these recent lettings there is only one unit available on the estate of 6,600sqft and we envisage this will be snapped up soon.”
Orange Box North East, a recently established company, will be using Brough Park as its first commercial base. The community-led business will be working with local council’s to collect and re-distribute unwanted furniture, household items and white goods from landfill, assisting low income families to furnish their homes along with the creation of training and employment opportunities for unemployed local residents.
Irene Brown, founder of Orange Box advised: “The project has been developed in the knowledge that such re-use services reflect the aspirations of City Council’s waste strategies, whilst feeding into the circular economy by providing training and employment opportunities within the local community.
Through the repair, restoration and recycling of used furniture, household items and white goods, we aim to reduce the amounts going to landfill.”
Aidan Baker, director of agency at BNP Paribas added: “We are delighted that the strategic location of Brough Park with its close proximity to Newcastle city centre was an ideal location for Orange Box’s project and that the modern accommodation and facilities were suitable for the training and employment opportunity sought by the business.”
Brough Park, which extends to over 145,000sqft, is already home to a range of occupiers including Howdens Joinery, Dulux, Optical Express and New Bridge Street Bedding Centre.