Partner Article

Major Durham Development Opportunity Hits Market

The Industrial Agency team at CBRE in Leeds has been instructed by Kerry Foods to sell their former factory site in Durham which offers 132,616sq ft of industrial and office accommodation on a 5.82 acre site on Dragon Lane.

The extensive site is being marketed on a freehold basis with vacant possession following the facilities closure last year.

Located within the popular mixed-use ‘Dragonville’ area of Durham just 2 miles from J62 of the A1(M), the site counts as its neighbours; Durham City Retail Park with occupiers such as B&Q, Currys PC World, Argos and Boots as well as Dragonville Industrial Estate and Dragonville Retail Park which is home to Tesco Extra, Matalan and TX Maxx.

The property currently comprises a number of interconnected buildings totalling 132,616sq ft and including integral office and staff amenities, loading and service yard provision and car parking.

Associate Director of Industrial Agency at CBRE Leeds, Dave Cato, who has brought the property to market said; “The site presents a unique opportunity for the redevelopment of a strategically-located property within an established business and employment area of Durham. Spanning 5.82 acres, the site has clear potential for a range of uses and we anticipate high levels of interest from a range of parties.”

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