Elland Whar | Elland HX5 9HJ
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Elland Whar
Elland HX5 9HJ
The Warehouse & Stables · Office Property For Sale
Investment Highlights
- Prestigious Canal Side Character Office Investment
- Within 2 Miles of Junction 24, M62 Motorway
- A Total of 34 Car Parking Spaces
Executive Summary
The property comprises a Grade II Listed former Canal moorings warehouse which has been sympathetically restored and converted to provide high grade office accommodation overlooking the Calder & Hebble Navigation Canal. The site has two principal buildings; The Warehouse and The Stables. A full refurbishment programme has been completed in the recent past and have been finished to a high specification whilst also retaining the original characterful features.
The Estate is currently producing £90,920 pax, a sale at this level reflects a Gross Initial Yield of 8.66%. A Full Tenancy Schedule is available upon request.
The Estate is currently producing £90,920 pax, a sale at this level reflects a Gross Initial Yield of 8.66%. A Full Tenancy Schedule is available upon request.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold/Long Leasehold
Building Size
6,920 SF
Building Class
C
Year Built/Renovated
1899/2016
Price
£1,050,000
Price Per SF
£152
Net Initial Yield
8.66%
NOI
£90,930
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
2,307 SF
Building FAR
0.14
Lot Size
1.10 AC
Parking
34 Spaces (4.91 Spaces per 1,000 SF Leased)
Amenities
- Reception
1 of 2
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