Lot 132: SIX LOCK-UP GARAGES ON A PLOT OF 0.07 ACRES

Guide Price £50,000+ * + Fees
Garages Junction Of Quarry Road and Alfred Street, Ryde, Isle of Wight. PO33 2TS

Currently let at £3,705.84 per annum

Applicants may view directly on site during daylight hours

01489 564606

Rob Marchant/Mike Marchant

Situated at the junction of Quarry Road and Alfred Street, these six of seven lock-up garages occupy a plot of 0.03 hectares (0.07 acres) and have been let for many years to local residents.

The garages are ideal for continued use as an income-producing investment, perhaps at higher rents. Alternatively, subject to acquisition of, or a joint approach with the owners of garage three, the site may have development potential, subject to all necessary consents being obtainable. The garages are all let under informal Licence Arrangements.

Garage 1

Let at £48.00 per calendar month.

Garage 2

Let at £45.50 per calendar month.

Garage 4

Let at £78.00 per calendar month.

Garage 5

Let at £42.00 per calendar month.

Garage 6

Let at £47.66 per calendar month.

Garage 7

Let at £47.66 per calendar month.

Viewing

Interested applicants are advised that viewing is external only.

Map

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The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.