The freehold of a newly constructed research and development (R&D) facility at Lancaster Way Business Park near Ely, Cambridgeshire, has been put up for sale.
Toby O’Sullivan, director at Watling Real Estate, who has been appointed as joint fixed charge receivers of the asset, has instructed DTRE and Knight Frank to market the mid-tech R&D facility which extends to 38,750 sq ft and provides Class 1 laboratories, Category A offices, cold storage and full-height warehouse accommodation.
The property is situated on a large, landscaped site and has 91 car parking spaces, including four disabled bays, and two electric vehicle charging bays.
O’Sullivan said: “This is a rare opportunity for a research-led occupier to acquire a best-in-class, fully fitted, turnkey property situated on the fringe of the prestigious and globally recognised Cambridge Cluster and Silicon Fen innovation hub. The property is highly versatile with existing infrastructure to support CL 1/2 laboratories, GMP, clean rooms and cold storage, but also retains flexibility for a wide variety of alternative R&D and industrial uses. We expect a high level of interest in the property and therefore encourage parties to contact the agents as soon as possible to register their interest.”
