20 lock up garages currently let producing £4,800pa (£20 per garage per month)
Two blocks of ten lock up garages serviced by a central turning and parking area, all currently let for £20pcm providing a gross annual income of £4,800pa. The current rental value of £20 per garage is less than other similar garages within the area and there may well be the potential for an uplift in income. The garages lie within a mainly residential area within walking distance of the town cetre.
Tenure
Freehold
Description
The garages are of brick construction under a sloping asbestos roof and serviced by a concrete parking and turning area. Approached along a private loke adjacent to 2 Ethel Road.
Viewing
Any reasonable time at own risk
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Great Yarmouth Borough Council. Tel: 01493 856100
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
Buyer's Premium - £600 (£500+VAT) payable on exchange of contracts.
Administration Charge - 0.3% including VAT subject to a minimum of £840.00 including VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.