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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.