Lot 58 Four Lock-up Garages - Fully LetAuction Date:
21st September 2022
Garages 16-19 Adj. 40 Alexandra Road, Yeovil, Somerset, BA21 5AL
Currently let at £2,892 per annum with potential income of £4,400 per annum
A freehold investment block of four garages within a block of six, located in a mainly residential area of Yeovil on the outskirts of the town centre. The garages are likely to be of interest to investment buyers to add to or start their property portfolio. With a rental increase, there is the potential of a rental income of circa £4,400 per annum.
Local Planning Authority
South Somerset District Council. Tel: 01935 462462. Website: southsomerset.gov.uk.
Directions
The garages can be located via the What3Words app using drum.list.lows
Viewing
On site during daylight hours.
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
