Thornaby investment pays off for developer
UK Land Estates’ £1.5m rebuild of the former Cordell works at Teesside Industrial Estate has led to a 12,000 sq ft deal with energy industry supplier Hydrasun.
Constructed in the 1970s, the plant had lain dormant since marine engineering specialist Cordell went into administration in 2017, with the loss of 230 jobs.
Hydrasun Teesside has now moved into the facility, headquartering sales staff, service engineers, technicians and graduate trainees and apprentices at the site, which provides in-house manufacturing of apparatus such as control panels and storage facilities.
UK Land Estates projects director, Brandon Bailey, said: “We knew the building needed a lot of work, but it became apparent that an almost total rebuild was required.
“These are the sort of projects UK Land Estates specialise in – turning ageing, unfit for purpose spaces into the modern industrial spaces required by today’s companies.
“Having stripped everything back to the steel frame, we created an environmentally sympathetic, contemporary space that gained a great deal of attention given its ideal location. It was clear that the building was perfect for Hydrasun as it looked to create a sustainable new base in the Tees Valley.”
The new building has an EPC A rating and is equipped with EV charging points and improved landscaping.
Since its creation almost three decades ago, Hydrasun Teesside has built a reputation as a trusted supplier in the field of fluid transfer, power and control solutions.
Hydrasun agreed a 15-year lease to take on newly renovated unit in the summer. The company employs around 500 people worldwide, with 35 in Teesside.
Regional manager Neil Holmes said: “These are very exciting times in Hydrasun’s ongoing development and transition across industry. We want to continue to support our existing customers and markets, but also embrace the challenge of Net Zero across the North of England.”
Teesside Industrial Estate has something of a speciality in housing businesses operating in the process, chemical and manufacturing sector. The estate covers around 300 acres, with immediate access onto the A19.
UK Land Estates has invested significantly, focusing on improving the estate, its environment, road infrastructure, building a retail parade and a pub restaurant, together with an extensive programme of refurbishment of the industrial portfolio on the estate.