Meteor Park, Aston

Lease Consultancy Track Record
Meteor Park, Aston
September 2018

MK2 acted on behalf of the landlord, Lothbury Investment Management, on the September 2018 rent review of  21,107 sq ft warehouse on Meteor Park, in Birmingham. A new rent of £146,100 per annum was documented, reflecting a 9.5% increase.

MK2 also advised on the January 2017 lease renewal on a 56,000 sqft warehouse on Meteor Park in Birmingham. A new 5 year lease to TT Assembly Systems (a supplier to JLR) was agreed at a rent £70,000 per annum (25%) higher than previously passing. MK2 has previously advised the landlord on a March 2016 lease renewal on the same estate where EOS Works renewed their lease for a term of 6 years.

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