, Land at Redcar Bulk Terminal, Middlesbrough, TS6 7RP | Property to rent | Savills
36.42 Ha(90 Ac)
Rent on application

Land at Redcar Bulk Terminal, Middlesbrough, TS6 7RP

  • New
Industrial
36.42 Ha (90 Ac)

Key features

  • Substantial 90 acre development/open storage site in key Freeport location.
  • Located within Redcar Bulk Terminal, adjacent to Teesworks development site.
  • Rare opportunity to benefit from the associated Freeport tax and customs relief, whilst being in immediate proximity to the East Coast’s deepest water port.
  • The site sits alongside the Net Zero Teesside Power site, one of the world’s leading carbon capture projects.
  • Suitable for various uses subject to the relevant planning permissions.
  • Available by way of lease with terms to be agreed.

FREEPORT LAND AVAILABLE TO LET Development/Open storage opportunity located at Redcar Bulk Terminal within Teesside Freeport

About this property

  • Description
    Available by way of lease with terms to be to be agreed. The site at Redcar Bulk Terminal comprises 90 acres of development/open storage land located at Redcar Bulk Terminal within Teesside Freeport.

    The site offers a rare opportunity to benefit from the associated Freeport tax and customs relief, whilst being in immediate proximity to the East Coast’s deepest water port. The subject site benefits from c.30 acres of tax zone land, with the whole 90 acre site lying within the Freeport customs zone. Tax incentives available to operations within Freeport tax zones include;

    +0% National Insurance contributions for up to the three years per employee
    on earnings up to £25,000 per annum
    + Up to 100% relief from business rates on certain business premises
    + Enhanced tax relief for companies investing in qualifying new plant,
    machinery assets and buildings
    + Duty deferral while goods remain on site
    + Duty inversion if the finished goods exiting the Freeport attract a lower
    tariff than their component parts

Local information

  • The site is located adjacent to the East Coast's deepest water port, Redcar Bulk Terminal. Redcar Bulk Terminal comprises a deep-water bulk terminal, one of only four UK ports capable of handling cape-size vessels. The terminal operates a 320 metre continuous quay with ability to accommodate vessels up to 304m in length, 48m in beam with a max draft of 17m.
  • The site is accessed from the east via the Teesworks access road with excellent road links to both the A19 and A1(M), and benefits from direct rail access through the site to the National Rail Network.