Sale of Durham Incubator Centre Completed
Acting on behalf of the Homes and Communities Agency, Thomas Lister has now negotiated the disposal of the freehold of the Modern Incubator Centre at Durham Way, Newton Aycliffe in Durham to Bridges Business Centres Limited.
The centre was developed in 2003 totalling 17,150 sq. ft. and is occupied under 48 separate licence agreements. The site has previously been operated by both Evans Easyspace and Regis on behalf of the HCA.
The sale follows on from the recent disposal of the freehold of a 23,000 sq. ft. industrial estate and also of a 2 acre development site at Carlbury Road on the Aycliffe Business Park negotiated by Thomas Lister on behalf of the HCA.
Chris Thomas of Thomas Lister commented; “we are pleased to have successfully completed the disposal of three separate freehold properties on the Aycliffe Business Park over the past 12 months with only a single site of four acres still available – although this property is now “under offer” and in solicitors hands with a view to completion of the disposal in early 2018”.