Property for Auction in East Anglia - [Print Version]
Lot 114: Garages to rear of 19-21 Russell Road, Great Yarmouth, Norfolk NR30 2JG
Auction House East Anglia
01603 505 100
Your Local Property Auctions Specialist
Auction Date:
Wed 26/03/2025
Start Time
11:00
Property Type:
Commercial Investments
Sold Prior
Property Address: Garages to rear of 19-21 Russell Road, Great Yarmouth, Norfolk NR30 2JG, NR30 2JG
Located just off Russell Road these 11 lock up garages are currently let producing a gross income of £8,058 per annum. They are in two blocks of 2 and a separate block of 7. Potential may exist for future redevelopment subject to planning, however they currently produce a very attractive double digit return at the top end of our current guide price. The garages are a short distance from the sea front and town centre and are to be found to the rear of number 19 -21 Russell Road.
Tenure
Freehold
Local Authority
Great Yarmouth Borough Council
Solicitors
Butcher Andrews (Fakenham), Ref:Joe Yexley
Location Map
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Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.