If you are thinking about relocating, North Tyneside offers outstanding opportunities for business development and a top-quality lifestyle – the area boasts the UK’s largest and most successful office park, two Enterprise Zones and superb transport links.

The perfect location, skilled workforce and growing expertise…North Tyneside certainly means business

Location, location, location

 

The continued success of North Tyneside’s two major business parks shows the area remains a location of choice for UK and international firms.

 

Cobalt Park, the largest of its kind in the UK, is 90% full, and Quorum Business Park in Benton is home to big-name firms such as Ebiquity, British Engines, Convergys and Greggs.

 

There is no shortage of premium industrial space in the borough either. Indigo Park, an 82-acre development site offering opportunities for bespoke industrial, distribution and R&D buildings, is progressing at pace.

 

Swans Offshore Energy Park, in Wallsend, offers a blank canvas of 34 acres for companies looking to make their mark in the advanced manufacturing, R&;D, marine, offshore renewable and oil and gas sectors. North Tyneside Council is attracting new funding to North Shields to improve facilities on the working fish quay, while the Fiddler’s Green monument and award-winning restaurants such as The Staith House put the area on the map for tourists.

 

Whether businesses need state-of-the-art office space or land to develop their manufacturing capabilities, North Tyneside has something to offer.

 

Growing expertise

 

North Tyneside is becoming well-known for its expertise in a wide range of sectors.

 

The North East is home to the UK’s fastest-growing energy sector and North Tyneside is driving that reputation for excellence. Firms such as AIS and SMD are leading the way in oil, gas and offshore technologies, while wind energy is also proving to be a key growth area.

 

There is also a strong network of financial and professional services businesses in North Tyneside. Banks including Tesco, Newcastle Building Society, Leeds Building Society and Santander have bases here, and shared services – with the likes of Engie and Balfour Beatty on Quorum Business Park – proving to be an emerging area of expertise.

 

With the engineering, life sciences and digital sectors growing too, North Tyneside is securing its place as the location for hi-tech and specialist enterprises.

 

New opportunities

 

North Tyneside, alongside Newcastle and Northumberland, is part of the North of Tyne devolution deal – a development that could be great news for businesses in the borough.

 

The three councils agreed a deal with government in November that would see unprecedented new powers coming to the area. An investment fund of £20m per year for the next 30 years will be used to generate £1.1bn for the local economy, leverage £2.1bn in private sector investment and create 10,000 new and better jobs. With skills development, regeneration powers and enterprise pilots in the package, a North of Tyne devolution deal could offer a range of new opportunities for businesses in or moving to the area.