A 16.47-acre brownfield site on Mary Avenue in Birtley, near Gateshead, has been put up for sale by the administrators.
Alvarez and Marsal has appointed Savills to sell the site, which provides 203,870 sq ft of manufacturing and logistics space and was previously occupied by Venator Material UK.
Redevelopment of the site, which is located adjacent to Junction 66 of the A1(M), would align with Gateshead Council’s local plan objectives, which supports the regeneration of previously developed land, the modernisation of employment sites, and the delivery of sustainable economic growth.
Potential future uses include industrial, logistics, advanced manufacturing, residential or hybrid employment-led development, subject to planning consent.
Nick Bramwell, associate director at Savills Newcastle, said: “This is a unique opportunity to purchase a brownfield site suitable to a range of uses from manufacturing and logistics to residential. The site’s location within the A1(M) corridor is a significant positive and the wider region is already home to a number of important employers.”
