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Lot: 76 - GARAGE SITE WITH POTENTIAL - High level drone footage from northern endLot: 76 - GARAGE SITE WITH POTENTIAL - High level drone footage from southern endLot: 76 - GARAGE SITE WITH POTENTIAL - External image of garages in the middleLot: 76 - GARAGE SITE WITH POTENTIAL - External image of garages at endLot: 76 - GARAGE SITE WITH POTENTIAL -
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Lot 76 Garage Site With PotentialAuction Date:
24th September 2026

Land West Of Wye Road, Gravesend, Kent, DA12 5QT

Auction Ends: 24th September 2026

£425,000+*+ FEES

Currently let at £12,688 per annum

Estimated rental £36,660 per annum

Category Land
Tenure Freehold

Key Features

Freehold site extending to approximately 0.26 acres
47 lock-up garages with current gross income of £12,688 per annum
Estimated potential gross income of approximately £36,660 per annum if fully let

A freehold garage site extending to approximately 0.11 hectares (0.26 acres) comprising of 47 lock-up garages together with vehicular rights of way access from both Wye Road and Lamorna Avenue.

The site is partly currently let and produces a gross rental income of £12,688 per annum. The majority of the income producing garages are currently let each at £780 per annum and based upon this level the estimated potential gross rental income would be approximately £36,660 per annum.

The site may be suitable for continued use, refurbishment of existing garages or alternative schemes for redevelopment, subject to all the necessary consents being obtainable.

Opportunities to acquire freehold sites of this nature within an established residential area are seldom available.

Tenanted Garages

Garages 1, 3, 4, 5, 7, 9, 17, 19, 27, 28, 30, 40, 42, 43 and 45 are each let at a current rental of £780 per annum. Garage 11 is let at a current rental of £988 per annum. Garage 18 is shown on the Tenancy Schedule as occupied at £0 per annum.

Vacant Garages

Garages 2, 6, 8, 10, 12-16, 20, 20A, 21-26, 29, 31-39, 41, 44 and 46.

Auctioneer's Note 1

Prospective purchasers should rely upon their own enquiries regarding future rental levels and the letting of the vacant garages.

Auctioneer's Note 2

Interested applicants are advised to rely upon their own investigations regarding any proposals for redevelopment or alternative uses.

Local Planning Authority

Gravesham Borough Council. Tel: 01474 337391. Website: gravesham.gov.uk.

Viewing

On site during daylight hours.



Land West Of Wye Road, Gravesend, Kent

Further Information

Russell Hawkes/Chris Milne
on 01622 608400

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