Lot 102: SEVEN LOCK-UP GARAGES AND 12 CAR PARKING SPACES WITH POTENTIAL

Guide Price £60,000 – £70,000 * + Fees
Garages Adj. 85 Fairfax Road, Farnborough, Hampshire. GU14 8JR

One garage currently let at £946.40 per annum

Six garages and 12 parking spaces vacant

Applicants may view directly on site during daylight hours

01489 564606

Rob Marchant/Mike Marchant

This freehold garage and car parking compound measures 0.05 hectares (0.12 acres) and is situated a short drive from the centre of Farnborough.

The site includes seven lock- up garages, six of which are at present vacant, and the site of an eighth garage which has recently been demolished. In addition, there is a substantial parking area.

The site is considered ideal for continued use as an income-producing investment. Alternatively, prospective purchasers may wish to consider site re-development, and the existing owners have had plans drawn for three houses, although this has not as yet progressed to a planning application. Copies of the current owners’ drawings are available for inspection from the Auctioneer’s office.

Tenancy

Garage seven is at present let under the terms of a licence agreement at a rent of £18.20 (including VAT) per week.

Local Planning Authority

Rushmoor Borough Council. Tel: 01252 398399. Website: rushmoor.gov.uk.

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.