Lot 123
Garages - Garage / Parking
Garages 1-12 & Flats 10-13 (Sold Off) Southfield
Sutton Hill, Telford, Shropshire, TF7 4HP
£40,000+
Guide Price (plus fees)
A Freehold Investment Comprising Twelve Single Storey Lock-Up Garages (One is Sold Off) and a Ground Rent Secured Upon Four Flats (Sold Off). Nine of the Garages are Let and the Four Flats Generate a Ground Rent Producing a Combined Income of £4,743.40 per annum with Two Vacant Garages.
Description
Tenure
Location
Tenancy
Garages 2 and 9 are vacant.
Garage 4 is sold off with Flat 11
Flats 10,11,12,13 are sold off on on long leases at a ground rent of £10 per annum each.
Total Income £4,743.40 per annum. Plus Two Vacant Garages
Additional Fees and Disclaimer
Administration charge: £1,200 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.
Enquire about Garages 1-12 & Flats 10-13 (Sold Off) Southfield, Sutton Hill, Telford, Shropshire, TF7 4HP
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