GUIDE PRICE £115,000 - £125,000

Garages & Land to the rear of 127 Worplesdon Road

Guildford, Surrey, GU2 9XA

Lot 18

Garages - Garage / Parking
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.

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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.