Former County Durham glass factory sold in £2m deal a year after closing

Coreena Ford
·2-min read
The former glass factory in Peterlee, County Durham, which has been acquired by an investor.
-Credit: (Image: Naylors Gavin Black)


The former home of a North East glass manufacturer has been sold to an investor, a year after the factory ceased operations after more than 40 years.

The Peterlee site of PLG Glass – part of the United Glass Group – was put up for sale in June 2023, following its owner’s decision to cease manufacturing in the North East on the back of significant rises in energy and employment costs and an increasingly challenging market. The group decided to consolidate production, moving the North East site’s work to its other UK locations, making the 56,000sqft facility available and bringing work in the region to an end, having first started in 1977.

Now property agent Naylors Gavin Black has secured the sale of the factory in County Durham to an investor, for a figure in the region of £2m. Keith Stewart brokered the deal on behalf of the owner Brownhills, with HTA acting on behalf of the buyer.

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Mr Stewart said the firm had carried out a significant refurbishment of the property in 2016, meaning any new occupier will benefit from a well-equipped facility including a large power supply, thanks to the property having its own substation. There is also a two-storey office with staff amenities, a yard, and parking.

Mr Stewart, partner at Naylors Gavin Black, said: “This sale is testament to Peterlee’s high economic potential. The area is ripe for investment, with a number of successful and innovative companies located in the area. The property’s prominent location and size make it an appreciating asset and an appealing prospect for businesses seeking an industrial space to meet their operational needs.

“In terms of a potential new tenant – the building was specified for the energy-intense production of glass and features an upgraded power supply, making it ideal for manufacturers but it could suit a wide range of purposes, both industrial and commercial.”

The new owners have said they plan to carry out some refurbishment at the building as they look to find a tenant.

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