Email Bid Prior to Auction

Property Address

2 James Street, Elland, West Yorkshire

Property Description

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.

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Other Information, Comments and Conditions

This screen enables you to submit your Best Price Offer for this property. We will acknowledge receipt of your offer by calling you on the telephone number provided – if you don’t hear from us by the end of the next working day please call our office to discuss next steps. After we have spoken with you we will submit your offer to the Vendor and respond to you again thereafter. Unless we indicate to the contrary, all offers for Auction Lots should be made under Auction Rules, please refer to the Auction Information located near the front of our Auction Catalogue. Buying under Auction Rules is a contractual commitment; before making an offer prior to auction or bidding at the auction it is advisable to consult a Solicitor regarding the General and Special Conditions of Sale the local authority search and other legal documents. Auction House reserves the right not to submit an offer on behalf of internet bidders, in the event of any error, doubt, omission, uncertainty as to the bid, or for any reason whatsoever and give no warranty, or guarantee, that a bid would be made on behalf of the bidder and accept no liability.