Freehold modern warehouse / production / R&D unit. Located on Ely’s most established industrial and business park comprising 175 acres, over 1m sq ft and in excess of 85 companies. 13 miles north of Cambridge and part of the Oxbridge Arc, the property sits alongside many science and tech occupiers.Total of 1,394.73 sq m (15,015 sq ft) including warehouse/production and office/laboratory accommodation completed in 2017 1.05 acre site - low site cover of just 26.5% providing future land for expansion. Sale and leaseback. New 15 year unbroken term from completion to a long established science and technology occupier. Rent £188,500 per annum reflecting £12 per sq ft on the building and £0.57 per sq ft on the expansion land. Upwards only rent reviews every 5 years to the higher of open market value or RPI capped at 4% pa and collared at 2% pa compounded.
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