For Sale By Auction | 11:00, 26 March 2025 | Lot 114

Garages to rear of 19-21 Russell Road, Great Yarmouth, Norfolk NR30 2JG

*Guide | £30,000 - £50,000 (plus fees)

  • Garages
  • Tenure: Freehold

Call the team on 01603 505 100 for more information

Auction Date

Wed 26/03/2025

Auction Time

11:00

Auction Venue

Livestream Auction

11 lock up garages currently let producing £8,058 per annum

Located just off Russell Road these 11 lock up garages are currently let producing a gross income of £8,058 per annum. They are in two blocks of 2 and a separate block of 7. Potential may exist for future redevelopment subject to planning, however they currently produce a very attractive double digit return at the top end of our current guide price. The garages are a short distance from the sea front and town centre and are to be found to the rear of number 19 -21 Russell Road.

Tenure

Freehold

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Great Yarmouth Borough Council

Solicitors

Butcher Andrews (Fakenham), Ref: Joe Yexley

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £720 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.