Joint fixed charge receivers at Watling Real Estate have been appointed over a newly constructed research and development facility in Lancaster Way Business Park, on the outskirts of the Cambridge Cluster and Silicon Fen innovation hub.
Toby O’Sullivan, director at Watling’s Birmingham office, has instructed DTRE and Knight Frank as joint agents to market the freehold 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 with 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.”
Lancaster Way Business Park is a thriving business community extending to 175 acres. It is strategically located just one mile from the historic city of Ely and offers an extensive range of on-site amenities, including a gym, café, nursery, trim trail, EV charging facilities, dentist and MOT centre.
Occupiers benefit from 24/7 security, an experienced on-site management team, superfast broadband with optional leased lines, and Enterprise Zone status.
Lancaster Way Business Park also boasts excellent connectivity being 12 minutes by train to Cambridge North via a subsidised bus link to Ely station, while direct services provide access to London’s King’s Cross in approximately one hour.
