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

Sold £50,000

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.

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