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New business village for Peterlee takes shape

Apr 20, 2023 | Local News

A new modern business village based on the success of a previous one in Cramlington is taking shape in County Durham.

Endeavour Village Peterlee is a business community where highbrid units are offered that are totally flexible, energy-efficient, low start-up cost workspace comes packaged with high quality communal and conference facilities. Building work is progressing well and reservations  are now being taken for businesses to relocate in the Autumn.

Each of the 22 hybrid units of 1450 sq ft will have an office on the upper floor and storage, warehouse, workshop, or studio area on the ground floor making them ideal for a wide range of businesses needing flexibility in their accommodation.

Lindsey Dunn from Endeavour Villages said, “The original concept for this development opened in Cramlington in late 2020 and has proven very succesfull. Part of the success is the fact that we create a hybrid working environment, offering businesses high quality office space with warehouse, storage or workshop attached in a vibrant, friendly yet professional environment with shared facilities that encourages people to feel part of a thriving business community and the knowledge that the units are flexible and can grow with the business.

“We are building units that are purposely made for modern business that require offices as well as warehouses, storage, workshop space and benefit from city centre communal style facilities”.

“The Peterlee site is the second phase following our Cramlington village that opened during the pandemic with future developments in Gosforth and Durham well underway. .

At the heart of the construction work is Site Manager Barry Hunter who said that the multi-million-pound development is progressing well and on target to start moving the first tenants in later in the Summer. .

“This is very different to many traditional business parks or trading estates . It allows tenants to integrate, work and relax together in a state of the art, modern workplace. The facilities and environment we’ve created will allow East Durham based businesses to flourish as they have at our Cramlington village.”

The fully accessible units also have fully-fitted kitchenettes, 24-hour access, parking with electric vehicle charging points , high standards of energy efficiency and low start-up costs including inclusive fast internet, as well as other benefits.

Rents are competitive starting at £995pm, with the first tenants being offered a great range of incentives, leases are flexible starting from five year with a break clause at  six months.