Hartlepool Factory Placed On The Market After Jobs Blow...
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£2 Million Price Tag Placed On Former Bridgman IBC Building After Company Collapse
19th May 2026
The former Hartlepool premises of a Collapsed Construction Materials Business has now been placed on the market for offers in the region of £2 million Pounds, just months after the long-standing local firm collapsed into administration.
Bridgman IBC, is now being advertised for sale on Rightmove by Eddisons Commercial Limited & marks the final end to the business which had traded in Hartlepool for over two decades.
The listing describes the property as a warehouse/manufacturing facility extending to approximately 88,511 sq ft, with an asking price of offers in the region of £2,000,000, equating to around £22.60 per sq ft. The site is also said to extend to approximately 1 hectare, or 2.48 acres, and includes workshop space, offices, loading areas, parking, and industrial facilities including lifting cranes.
The sale marks the latest development following the collapse of Bridgman IBC Limited in March 2026, a Hartlepool company known for manufacturing fire-rated and security doors for the Construction Sector.
The Teesside & Durham Post was the very first local publications to report the firms collapse in March when administrators were been called in, with the company’s closure placing up to 70 jobs at risk and raising fresh concerns about the pressures facing firms in the construction and manufacturing sectors At the time, The Teesside & Durham Post reported that Bridgman IBC Limited had been placed into administration by the High Court of Justice, Business and Property Courts in Manchester, with insolvency specialists Robert Alexander Henry Maxwell and Ian James Royle of BTG Begbies Traynor appointed as joint administrators.
Companies House records continue to show Bridgman IBC Limited as being in administration, with its registered office later changed from the Greatham Street site in Hartlepool to an address at Surtees Business Park in Stockton-on-Tees.
The collapse of the local firm represented a significant blow for Hartlepool’s industrial sector. The company had been operating from the towns Longhill Industrial Estate and had previously been associated with the manufacture of specialist doors used in commercial and public-sector settings, with the Teesside & Durham Post previously reporting that accounts filed at Companies House showed the company struggling to maintain its cashflow in an increasingly volatile business sector, with the firm owing around £1.445 million to creditors before its collapse.
A later report revealed the company had been facing serious cashflow difficulties since 2024, with administrators appointed on 6 March 2026.
The Rightmove listing describes the property as a substantial industrial facility of steel portal frame construction, with three open-plan workshop areas, offices, loading access, a concrete surfaced yard, six marked parking spaces and both a six-tonne and ten-tonne lifting crane.
The listing also notes that the property is located within an industrial area and is close to Hartlepool railway station, which is listed as approximately 0.7 miles away.
However, the sale of the former Bridgman IBC site is likely to attract interest from industrial, manufacturing or redevelopment buyers, given the size of the building and the scale of the land attached to it, however the £2 million pound sale listing will also serve as a reminder of the company’s collapse and the wider economic pressures facing local manufacturing and construction-related firms as jobs continue to be lost & concerns the UK falling into recession grow.
