Elland Wharf, Gas Works Lane, Elland, HX5 9HJ

Property details

• Prestigious Canal Side Character Office Investment
• Total NIA: 6,953 ft2 (645.97 m2)
• Gross Rental Income of £89,690 PAX
• Gross Initial Yield of 8.66%
• Potential Gross Reversionary Yield of 10.50%
• Within 2 Miles of Junction 24, M62 Motorway
• A Total of 34 Car Parking Spaces

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 Warehouse offers modern and characterful office accommodation set over three floors ranging 316 to 1,889 sq ft and has the added benefit of a large open plan meeting/break out space on the ground floor along with communal kitchen and WC facilities.

Facing The Warehouse on the opposite side of the car park is a converted stable block subdivided into a total of 3 suites with associated reception entrances, kitchen and w/c provision. Concertina doors fold back to reveal large, double-glazed doors providing a sense of space and naturally lit working space.

Externally, the premises are set in well-manicured grounds with onsite designated parking provision for 36 cars with the site having gated access off Gas Works Lane.