4 x Garages in Popular AreaAn opportunity to acquire 4 x freehold single garages positioned on a no through road off Elm Street, each of the garages benefit from a roller shutter door. The garages could provide ideal lock up solutions or landlord storage or alternatively be used for hobby use. In our opinion, the purchase would be suitable for owner occupiers or investment. The garages are located off the residential street of Elm Street which is in Roath, on the eastern side of the City Centre which is within walking distance. We are advised that garages 3 & 4 are let on a quarterly basis, with a passing rent of £360 per quarter. Therefore, the annual gross rental income being produced is £2880. Letting of all 4 would equate to a possible annual income of £5760 per annum. Please refer to the legal pack for confirmation of tenancies. Viewings Through Auction House Wales on 02920 475184 or alternatively our partner agents Davids Homes on 02920 303030.Tenure: Freehold

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Property Category

Commercial

Rightmove Property Type

Garages - Garage / Parking

Agent

Cardiff

Additional Fees

Buyer's Premium - £600 inc VAT payable on exchange of contracts.

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.