It has been described as a “rare opportunity” for a research-led occupier to acquireA newly built research and development facility in Ely has been put on the market for £4.5 million(Image: Watling Real Estate)A newly built research and development facility in Ely has been put on the market for £4.5 million. The property, at Lancaster Way Business Park, is a freehold mid-tech facility which extends to around 38,750 sq ft.It has been put on the market by DTRE and Knight Frank on behalf of joint fixed charge receivers at Watling Real Estate. The building provides Class one laboratories, Category A offices, cold storage, and full-height warehouse accommodation.Situated on a large, landscaped plot, the site offers 91 car parking spaces, including four disabled bays and two electric vehicle charging bays. The property is a fully fitted R&D building arranged over two floors.Toby O’Sullivan, director at Watling’s Birmingham office, said that this is a “rare opportunity” for a research-led occupier to acquire a “best-in-class, fully fitted, turnkey property”.The mid-tech building includes fully fitted Class one laboratories, Category A office space, cold storage and full-height warehouse accommodation(Image: Watling Real Estate)He added: “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.”It has been described as a “rare opportunity” for a research-led occupier to acquire(Image: Watling Real Estate)Lancaster Way Business Park covers 175 acres. It is located just a mile from Ely and offers a range of on-site amenities, including a gym, café, nursery, trim trail, EV charging facilities, dentist, and MOT centre.Lancaster Way Business Park is also 12 minutes by train to Cambridge North via a subsidised bus link to Ely station. Direct services provide access to London’s King’s Cross in approximately one hour.
Huge science facility hits the market for £4.5 million
