Business Rate Relief Enterprise Zones
Companies locating to one of the eight Enterprise Zones offering business rate relief may qualify for up to £55,000 a year of rate relief over 5 years, totaling £275,000.
These sites are ideal for small and medium sized businesses which form the supply chain of the area’s heavy industry such as petrochemicals, renewable energy and advanced engineering, or which are part of the area’s emerging and fast growing digital sector.
Queens Meadow Business Park, Hartlepool (13.6 hectares) Existing business park with offices and industrial units. Located close to Hartlepool Port Estates and ABLE Seaton Port.
Teesside Advanced Manufacturing Park (TAMP), Middlesbrough (11 hectares). Located next to the highly successful Riverside Park Industrial Estate, TAMP offers the opportunity to be part of an already established cluster of businesses. The site will host an Offshore Wind Validation Centre which will provide research into fabrication methods for offshore wind turbine towers and foundations, plus validation services aimed at helping manufacturers prove their validity to prospective financiers and insurers.
Kirkleatham Business Park, Redcar & Cleveland (12.6 hectares) Existing units next to the integrated chemical site Wilton International where a cluster of chemical and process industry companies are based. The site has serviced land ready for development as well as existing office and industrial buildings available for immediate occupation.
Belasis Business Park, Stockton-On-Tees (8.5 hectares) An established business park with existing office units this site is perfect for companies in any sector looking to move or expand into the area. Located close to Offshore Structures (Britain) and Wilton Engineering.
Oakesway Industrial Estate, Hartlepool (12.7 hectares) Part of an existing industrial estate, the Oakesway Enterprise Zone site is situated close to Hartlepool Port Estates.
Northshore, Stockton-On-Tees (6 hectares) The site is located in close proximity to Stockton town centre and forms part of the mixed use regeneration of the riverside. The creation of a vibrant business quarter is built around the digital, advanced manufacturing, science and technology sectors – key specialisms linked to businesses clustered around the area
Central Park, Darlington (8.4 hectares) Tees Valley has a growing reputation for biologics and biopharmaceuticals and Central Park is already home to the national Biologics Manufacturing Centre which helps companies of all sizes in the biologics market to develop, prove, demonstrate, scale up and ultimately commercialise new biologics process technologies. A sector cluster is further enhanced by the on-site presence of Teesside University
Historic Quarter, Middlesbrough (9.5 hectares) Situated next to the thriving digital cluster of Boho, the site is located close to the town centre of Middlesbrough, near both Teesside University and Middlesbrough College. Grade A office space with considerable architectural merit will provide a centrally based premier office development.