COMMERCIAL / INDUSTRIAL DEVELOPMENT OPPORTUNITY

We are inviting offers by no later than NOON on Wednesday 23rd October 2024

George F. White are pleased to present a commercial / industrial development opportunity located on the Invista Site at Wilton , Teesside. The site extends to 19-hectare / 47 acres and is currently allocated for employment and as such could be suitable for a variety of uses subject to relevant permissions. Summary

We are pleased to present a commercial / industrial development opportunity located at Wilton, Teesside. The site amounts to approximately 47ac / 19ha with an allocation for employment use.

The site is outlined red on the adjacent boundary plan and is accessed directly from the West Gate of Wilton and could be suitable for a variety of uses.

The Location
The site is located on the western edge of Wilton International, between the towns of Middlesbrough and Redcar in the Teesside region of North East England.

The site is well-connected via major roads, including the A174 and A66, providing easy access to the national motorway network, particularly the A19 and A1(M). The site is served by the nearby Redcar Central and Middlesbrough railway stations, offering direct services to key cities such as Newcastle, York, and Leeds. Freight rail services are also available. Teesside International Airport is approximately twenty miles away, providing both domestic and international flights.

Teesport is located just a one mile north of the site. The port is one of the largest in the UK and benefits from freeport status.

Access
Immediate access to the site is from the West Gate of Wilton International .

Planning
The site has been allocated in the Redcar and Cleveland Council Local Plan for employment and promoting economic growth. A link to the local plan can be found below

Redcar and Cleveland local plan | Redcar and Cleveland (redcar-cleveland.gov.uk)

Services
Interested parties are to make their own enquiries into the suitability of the services.

Tenure
Freehold. The title is in the process of being registered at the Land Registry. #

What3Words
The location of the site can be found using the following link: ///lifted.tent.blog

Proposal
We are seeking offers of £7,500,000 (Seven million, five hundred thousand pounds). All offers to be provided in the below format.

• Offer amount, and whether subject to any deductions or adjustments.
• Contract type
• Name and registered address of the bidder.
• Name, contact details and registered address of the bidder’s solicitor.
• To detail proposed end use
• Outline financial arrangements for acquisition including proof of allocated funds.
• Outline associated timeframes to sale completion.

All offers are subject to contract, and the landowner is not obliged to accept the highest or any offer.

Preference will be given to given to unconditional bids. However, any conditions associated with an offer must be clearly set out and explained.

We are inviting offers by no later than NOON on Wednesday 23rd October 2024



George F. White are pleased to present a commercial / industrial development opportunity located on the Invista Site at Wilton , Teesside. The site extends to 19-hectare / 47 acres and is currently allocated for employment and as such could be suitable for a variety of uses subject to relevant permissions. Read less