For Sale By Auction | 12:00, 14 May 2024

2 James Street, Elland, West Yorkshire, HX5 0HB

*Guide | £135,000+ (plus fees)

  • Mixed Use
  • 3 Bedrooms
  • Tenure: Freehold

Call the team on 0161 925 3254 for more information

Auction Date

Tue 14/05/2024

Auction Time

12:00

Auction Venue

Live Stream

**ATTENTION BUILDERS, INVESTORS, SPECULATORS AND LANDLORDS**

An exceptional opportunity for the investor Landlord to acquire a substantial mixed use premises located in the heart of the market town of Elland, which lies relatively equidistant between Huddersfield and Halifax centres. Comprising a shop frontage with basement preparation area and three one bedroom flats (one ground and two first floor), presently all tenanted and achieving a combined yield in excess of £17,000 per annum. The flats have a separate side access with communal entrance hallway. The shop, presently operating as sandwich shop, is let with a full repairing lease until August 2028 whilst the flats are all tenanted on a rolling periodic basis. We have conducted a limited inspection of the premises as parts of the building were unavailable for inspection at time of visit. Please note, the shop lease, contained within the legal pack, is not countersigned by the tenant although we are advised by the Sellers that there are no arrears presently. Prospective purchasers should satisfy themselves in this regard prior to bidding.

Tenure

Freehold

Ground Floor

Shop and basement preparation area. Flat 1

First Floor

Flat 2 Flat 3

Energy Efficiency Rating (EPC)

Current Rating D, E, E, D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Calderdale Metropolitan Borough Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1500 inc VAT.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.