Lot 125

FREEHOLD GARAGE INVESTMENT

Garage, 680 Eastbrook Drive, Rush Green, Romford, RM7 0YX
Garage, 680 Eastbrook Drive, Rush Green, Romford, RM7 0YX
Sold £13,055

Currently let at £1,320 per annum

This single lock-up garage is considered to be of particular interest to portfolio purchasers looking to add to their existing investment stock. The garage is situated in a secure gated compound, in the popular residential area of Rush Green, Romford, Essex.

Tenancy

Let on an open ended written garage agreement from 21st January 2021 at current rent of £110 per month, in advance. We understand the tenant has paid five months in advance for the period to 20/06/2021 inclusive.

Viewing

Interested parties may view at any reasonable time during daylight hours.

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/