Acornfield

It’s fantastic to bring our first commercial development to County Durham. The team at FW Capital have been supportive throughout the entire funding process.

Jeff Pike, Director, The Prime Group

A significant seven-figure investment package was secured by Acornfield Properties (Durham) Limited part of Manchester-based The Prime Group to fund the construction of a circa 80,000 sq ft commercial development at Aycliffe Business Park in County Durham.

The project was backed by North East Mayor Kim McGuinness while funding to support the development was provided using a loan through FW Capital via the North East Commercial Property Investment Fund. The investment scheme was able to drive local economic growth and supported new job creation in the region by bringing high-quality industrial space to the market.

Prime Point Durham is located at Carlbury Road, Newton Aycliffe, just off the A167 and close to the A1(M). It sits within the wider Aycliffe Business Park. The site will consist of two commercial warehouse units covering 36,069 sq ft and 41,592 sq ft. The project includes ancillary office space and offers eaves heights of up to 12 metres, alongside 35 car parking spaces, including EV charging points.