Landscape House

Lowfields Business Park, Elland HX5 9HT
Property Investment Track Record
Landscape House
Lowfields Business Park, Elland HX5 9HT
November 2016

Acting on behalf of a Trust, MK2 advised on the sale of Landscape House.  A Grade A Prime Head Quarters office building comprising 3,020 sq.m (32,510 sq.ft) over ground and two upper floors. The property is let to Marshall’s Plc on a FR & I lease with in excess of 21 years unexpired.

Prominently situated on Lowfields Business Park this prestigious headquarters office building with ample secure car parking has been developed to a high specification and provides a flexible approach to occupation.  The lease incorporates fixed increases providing for guaranteed rental growth throughout the lease term.

The property was purchased for a price of £7,545,000 reflecting a net initial yield of 6.63% after allowing for purchasers costs.

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