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Development Opportunity, Spectrum Business Park, Seaham, SR7 7TT

For sale: POA|To rent: ROA|13068 Sq Ft|General Industrial, Industrial Park, Industrial

PROPERTY DETAILS

FOR SALEPOA
TO RENTROA
SIZE13068 Sq Ft
ADDRESSDevelopment Opportunity, Spectrum Business Park, Seaham, , Seaham, SR7 7TT
TYPEGeneral Industrial, Industrial Park, Industrial
TENURETo Let, For Sale Freehold
POSTED ON23rd January 2020

DESCRIPTION

Prominent Food Outlet / Drive Thru opportunity on established business park. - Spectrum Business Park is one of the primary office parks in County Durham.
Well established as both an office and industrial location it boasts a range of occupiers including Durham County Council, the DWP, Believe Housing, Great Annual Savings, ResQ, Northumbrian Water as well as a number of businesses housed in EDBS serviced office space.

Occupiers in the neighbouring industrial accommodation include Castle Eden Brewery, Kidde and Orbis.
In addition, construction is about to commence on South Seaham Garden Village, a residential development of 1,500 homes to the immediate south of Spectrum Business Park.

Given the size of workforce at Spectrum (est. at over 2,500), it is poorly serviced in terms of food & drink outlets. The nearest facilities are situated over 1 mile to the north in Seaham Town Centre.
As such there is a demonstrable need for food/drink retail on the site to serve the growing workforce as well as the opportunity to capture passing trade.

The available development site is a redundant bus turning circle extending to circa 0.3 acres.

Initial architect designs using the existing turning circle road layout indicate the site can accommodate a retail pod of at least 1,145 sq ft (subject to planning), however there is scope to further increase the floor area deliverable.

Vehicular access is immediately off the main spine road running through the estate and footpaths provide direct access to the site from the office buildings with the business park.

LOCATION

Location: Development Opportunity, Spectrum Business Park, Seaham, , Seaham, SR7 7TT

Seaham (1.3 miles)

Sunderland (5.9 miles)

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