Land at Seal Sands Seal Sands Road - Land at Seal Sands Road 9.8 Acres of Industrial Land in Middlesbrough TS2 1UB

Hilco are pleased to offer an exciting opportunity to acquire a consented Energy from Waste (EfW) development site with a Secured Grid Connection of 40MW export and 1MVA import capacity within the established Teesside energy, chemicals and industrial cluster. - one of the UK's most significant industrial hubs.
On the instructions of David Shambrook, Gordon Thomson and Stephanie Sutton of RSM Restructuring Advisory LLP, Joint Administrators of Teesside Green Energy Park Limited. We are pleased to offer this exciting opportunity to acquire a 9.8-acre parcel of land with approved planning consent for an Energy from Waste (EfW) development site within the established Teesside energy, chemicals and industrial cluster.
The site benefits from direct access to key industrial infrastructure and is strategically located within the Teesside industrial zone. The site borders two major pharmaceutical companies with significant heat and power requirements, creating opportunities for local heat and steam supply.
Planning permission for the construction of an Energy from Waste (EfW) facility was granted by Stockton-on-Tees Borough Council on 8 August 2024 (Application No. 22/1525/EIS). There is an estimated timescale of approximately 36 months from commencement of construction to the start of energy generation.

The salient details are as follows:
· Freehold ownership of the 9.8-acre development site
· Four Advanced Conversion Technology (ACT) gasification line
· Signed Feedstock Supply Agreement (FSA) in place for 200,000 tonnes per annum of RDF, with potential for an additional 40,000 tonnes at market price
· Secured grid connection providing 40 MW export capacity and 1 MVA import capacity (with an additional 150MW firm import connection available)
· UK Government Track 1 approved carbon capture pipeline within immediate vicinity (less than 1 kilometre from the site) with new projects currently being considered
· We are advised that approximately £14m has been invested in the project to date including site acquisition, planning, FEED studies and grid connection milestone payments
· Three milestone payments totalling approximately £3.7 million have been made in relation to the grid connection
· The project is expected to supply 5MW of heat to nearby industrial and commercial users, creating an additional potential revenue stream
* Offers are invited for the freehold interest
* It is intended that the property will be sold by way of informal tender
* Offers should clearly outline the basis of the bid, proof of funding, and proposed timescales.
* The Administrators are not bound to accept the highest, or indeed any offer received.
* VAT will be payable if applicable
* Each party is to bear their own legal costs.
* Further information regarding the opportunity is available within a data room, subject to an NDA