Mark House, Hemel Hempstead
Mark House is a 25,480 sq ft office building in Hemel Hempstead built in the late 1980s and split into two units, each over two floors, with car parking for 93 vehicles.
At the point of acquisition, two floors were let to 3D Systems Europe Limited with only 10 months remaining on their lease. The remaining two floors were vacant and in need of capital expenditure.
A new 10 year lease was concluded with 3D Systems and at the same time, terms were agreed with Dacorum Sports Trust for a new ten year lease on the vacant accommodation, operating as a gym.
Once terms were agreed, a comprehensive scheme of works were undertaken to the building, including a significant upgrade of the M & E systems and upgrading elements of the buildings external envelope.