Former Silk Mill - 10% Gross Yield

Do you fancy owning your own  former silk mill. How about this property located in Elland, West Yorkshire.

The investment property consists of 91 two bedroom apartments, 69 are subject to ASTs, 12 are vacant and the 10 remaining were sold off on long leases and now produce a ground rent of £2,500.

The current passing rent is  £475,200 per annum.  The Estimated Rental Value is £565,000, which refelects a 10.27% Gross Initial Yield.

For more details contact:

James Wilson
+44 (0)113 236 6679
james.wilson@allsop.co.uk




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