PROPERTY
The breakout space at Mandale ’ s new HQ offers a perfect place for staff to relax .
units are being used include a fast food establishment that caters solely for Deliveroo , storage spaces for trades such as plumbers and electricians , plus a creative space designed to showcase a beauty business .
The units in Urlay Nook , which will be ready to house their first occupants in summer 2023 , are carpeted , fully decorated and have a kitchenette and bathroom , so businesses can hit the ground running after moving in .
There are also hybrid units , developed by Mandale , currently occupied by businesses in Durham and Middlesbrough – proving that the demand of this style of property is increasing beyond the traditional warehouse versus office .
But perhaps the most significant appeal of these units is that they have been designed to fall under the business rates threshold for those that qualify .
The government charges business rates on most non-domestic properties , from shops and offices to warehouses , pubs and holiday homes .
Business rates are based on a calculation known as ‘ rateable value ’ and because these hybrid units fall under that threshold , which is set by the Valuation Office Agency , those that occupy them are exempt from the charge , providing they meet the qualifying criteria .
Homegrown Having been established in Teesside , Mandale is invested in the long-term success of the region , which includes strengthening its industries by attracting new businesses to the area .
This commitment to Teesside is also part
of the reason why the group opted to build its headquarters in the same location .
The modern building , which provides its 65-strong workforce with an efficient workspace for its employees , gives the firm 30 per cent more space to allow for any future expansion , both in terms of staff requirements and material storage .
Having outgrown its office space close to the A19 on Stockton ’ s North Tees Industrial Estate , Mandale ’ s impressive new HQ spans three floors , offering staff access to a gym , rooftop space and an area for employees to relax and socialise together – an element that has been lost for many in the aftermath of the pandemic .
In total , Mandale has purchased 44 acres in Urlay Nook to develop an industrial business park that will bring new businesses and jobs to the area . There are plans to develop 300,000 square feet of factory space , which sit alongside the developer ’ s own HQ , warehouse and the hybrid units .
A driving factor in the Urlay Nook location was its proximity to major roads and Teesside Airport . In addition , with Tees Valley being one of the first places to be given freeport status , this will allow business to be carried out inside the freeport zone without initial tax implications .
The status granted to Tees Valley ,
To find out our more , visit mandale . com .
The impressive new HQ also offers a well-equipped gym for staff .
which covers sites such as Teesworks , Teesport , Wilton International , Teesside International Airport , the Port of Middlesbrough and the Port of Hartlepool , forms a wider government policy to create freeports across the UK . At 4,500 acres , Teesside Freeport is currently the largest in the country .
Mandale ’ s Urlay Nook development is situated in the perfect spot for any type of business looking to build a North-East base close to the freeport .
Mandale , which has developed sites including Mandale Business Park in Durham , Portrack Trade Park in Stockton and was inherent in the development of Hartlepool Marina , prides itself on ‘ getting things right ’ and meticulously deliberates each stage of every development , from planning through to the finished products , to ensure that they meet the needs of those that will use them .
All of the company ’ s buildings , whether residential or commercial , have a 10-year structural warranty and a fixtures and fittings warranty to cover for any defects within the first two years of ownership – allowing businesses to simply move in and get on with what they do best .
The voice of business in the Tees region | 121