Sold £104,000
- Garages
Call the team on 024 7652 7789 for more information
***SOLD AT AUCTION - £104,000*** Block of 10 tenanted garages. Current income of £6,960 p.a., circa 15% yield. Access is via a secured gate to the garages. 2 having limited access, plus 2 of which are larger than average. Circa 14% yield.
LOCATED
Located via a shared access adjacent to Broad Street Local.
TENURE
Freehold subject to tenancies.
TENANCIES
Garage 1: Rent: £60 p.c.m. Garage 2: Rent: £50 p.c.m. Garage 3: Rent: £50 p.c.m. Garage 4: Rent: £50 p.c.m. Garage 5: Rent: £55 p.c.m. Garage 6: Rent: £50 p.c.m. Garage 7: Rent: £65 p.c.m. Garage 8: Rent: £60 p.c.m. Garage 9: Rent: £65 p.c.m. Garage 10: Rent: £75 p.c.m.
ADDITIONAL COSTS
Administration Fee: £1,200 (£1,000 plus VAT) Please see the legal pack for any further costs.
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
Administration Charge - these fees are included in the above sales particulars.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
