Lot 9: FORTY-SEVEN FREEHOLD GARAGES

Garages - Swale Area
Garages - Swale Area
Garages - Swale Area
Sold £255,000
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Forty-seven garages arranged in four blocks situated on a single compound within an established residential area.

It is considered the garages are suitable for a continued use as a letting investment.

It is also considered that the site may be suitable for development, subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquiries with the Local Planning Authority, Swale Borough Council. Tel: 01795 417850. Website: swale.gov.uk

Tenancy

Each occupied garage is subject to a licence with rents being paid quarterly.

A full Tenancy Schedule will be made available to download from the Clive Emson website or inspection at the Auctioneer’s Office.

Viewing

Interested applicants may view directly on site.

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

* Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors.

For more information on fees please go to cliveemson.co.uk/buyers-fees/

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