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Elliott Group, Sheffield (Bespoke)

Alliance identified an expansion opportunity for its existing client, Elliott Group, on one of its key sites in the Lower Don Valley.

It invested in an open book development plan to build a seven-acre facility, including open office, workshop and manufacturing units.

Alliance’s existing relationship with the Elliott Group allowed the project to evolve over a longer period to suit the specific ongoing needs of the client, with a financial agreement in place to lease the facility based upon the completed stage rental yield.

Alliance secured a 15-year lease at £310,000 per annum.