More than 50 jobs to be created in Thinford Park expansion

Work has started on a trade park expansion developers say will create more than 50 jobs.

Seven units are being built at Thinford Park, near Spennymoor, County Durham.

Bosses say the hubs – which have already attracted Howdens Joinery, Screwfix and Toolstation – will support 54 full-time roles when complete.

The expansion has been supported by the North East Property Fund, which is managed by FW Capital on behalf of the North East Local Enterprise Partnership, with the project overseen by commercial property developer No Ordinary Estates.

Tony Cullen, FW Capital investment executive [pictured, above, left, with Wayne Baister, No Ordinary Estates director, and Matt Ebbatson, of the North East Local Enterprise Partnership, said: “This investment provides a great opportunity to increase the offering on Thinford Park.

“We supported No Ordinary Estates with funding to assist the construction of the OneGym site (that was previously built on the park) and are delighted to continue our support for this follow-on scheme.”

Helen Golightly, North East Local Enterprise Partnership chief executive, added: “In the current economic climate, it’s essential we give businesses the confidence to invest and grow.

“Creating the right infrastructure is essential, and through the North East Property Fund we’re helping create new commercial developments that attract businesses to the region and create more and better jobs.”

Development of Thinford Park began in 2015, with a Dominos unit quickly followed by the arrival of operators including Costa and Burger King.