A well known landmark in the historic village of Brading. This substantial car park with 87 car parking spaces and three coach bays which measures 0.26 hectares (0.66 acres) is offered for sale as a leasehold income-producing investment, and is held under the terms of a 21 year lease. Income is at present generated from parking machines, advertising signage and annual car parking passes.
While the car park is considered to be a very attractive stand alone investment opportunity, we would suggest that the Lot may have particular appeal to those interested in purchasing Rectory Mansion which is available in the catalogue as
Auctioneer's Note 1
This Lot will only be made available for bidding on the basis that the previously mentioned Lot 14 Rectory Mansion has reached reserve in the auction.
Auctioneers Note 2
The public toilet block marked blue on the location plan is owned by the Local Authority and is excluded from this sale.
Held under the terms of a 21 year lease, from 8th May 2009, at a rental of £14,000 per annum.
Interested applicants may view on site at any reasonable time.