Freehold site comprising 5 x lock up garages with forecourts and additional land to the rear, equivalent to 0.052 acres. Let, producing £3100 pa. Development potential subject to planning.

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Description/Location

The site has a 52 ft road frontage and approx 42 ft depth. The garages are approximately 16 ft x 8 ft each, the whole site is currently let on an annual licence at £3100 pa. The site may be suitable for residential development subject to planning. We estimate current market rents for the garages are £108 pm each / £6480 pa collectively.

Tenure

Freehold

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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