This Is Tees Valley Issue 2 | Page 17

BUSINESS SITES & OPPORTUNITIES

Cost-effective sites and premises , with significant opportunities for development at the South Tees Development site

4,500-acre

TEES VALLEY
Staff costs and business overheads among the most price competitive in the country
Tees Valley has some of the lowest office operating costs in the country with rents , rates and terms significantly lower than all other major UK cities and a fraction of those in and around London
LONDON
MAJOR CITIES
Estimated to be more than 7.2million square metres of business floor space in Tees Valley as at 2020 / 21

PLACE

National centres of excellence including the Centre for Process Innovation ( CPI ) and National Horizons Centre ( specialising in training for UK bio-science ), the Materials Processing Institute , TWI and Teesside University
With average wage rates far closer to the national average than house prices , Tees Valley has some of the most affordable homes in the country

There were more than 20million

visitors to Tees Valley pre-pandemic in 2019
LONDON MANCHESTER
TEES VALLEY
Outstanding cultural offer and an extensive cultural asset base
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