Ellutia - Ely

Colston House, 200 Lancaster Way Business Park, Ely, CB6 3NX

Ellutia Ltd
£3.1m reflecting a net initial yield of 5.71%

Capital Markets Team complete sale and leaseback transaction for Ellutia Ltd at Lancaster Way Business Park, Ely for £3.1m

Acting on behalf of Ellutia Ltd, the Capital Markets Team have sold this freehold mid tech / industrial unit totalling 15,015 sq ft on a site of 1.05 acres giving a site cover of just 26.5%.

The property was let on a new 15 year lease with 5 yearly rent reviews to the higher of OMV or RPI 2pa%-4pa% to Ellutia Ltd and has been acquired by Grovemere Property for £3.1m reflecting a net initial yield of 5.71%.

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Saul Western

Partner, Head of Commercial

Providing thorough and professional investment advice across the golden triangle and beyond.

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