Currently home to major international companies involved in the production of polyethylene security bags and the manufacturing of brake friction materials. The estate is part of the Tees Valley Enterprise Zone.
A Tees Valley Funded Business Rate Discount site where tenants can benefit from business rate relief of up to £55,000 per annum for a five year period.
Over 12 hectares of development land available within 1 mile of the Hartlepool Port site and targeted at businesses in the renewable energy and advanced engineering sectors.
The Tees Valley Enterprise Zone was among the first Enterprise Zones to be approved by the Government in August 2011 and is made up of 12 individual sites 3 of which are in Hartlepool. Incentives available include business rate relief, enhanced capital allowances, simplified planning and superfast broadband.
Tees Valley Enterprise Zone benefits are available for all businesses irrespective of whether they are currently located in or outside the Tees Valley area.In order to benefit from the incentives available companies must be from one of the sectors identified for each of the Enterprise Zone sites. Business already located within the Tees Valley will also need to demonstrate business growth as part of their relocation.
For further information please contact the Hartlepool Enterprise Team