This Is Tees Valley This Is Tees Valley - Issue 1 2020

BUSINESS SITES & OPPORTUNITIES Cost-effective sites and premises, with significant opportunities for development at the South Tees Development site 4,500-acre Staff costs and business overheads among the most price competitive in the country TEES VALLEY MAJOR CITIES LONDON 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 Estimated to be more than 7million square metres of business floor space in Tees Valley* 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 LONDON MANCHESTER TEES VALLEY Outstanding cultural offering *Estimation based on 2016 figures 13

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