MapGuide price
£90,000Plot for sale
Greenclose Road, Ilfracombe, Devon, EX34
Featured
Plot
0.03 acre(s)
Key information
Features and description
- Tenure: Freehold
- Freehold block of 6 garages
- Central town location close to the high street
- All garages currently tenanted with total income of £4,320 per annum
- Ideal for parking and storage
- Potential residential development subject to any necessary consent
- Rare opportunity
Video tours
A rare opportunity to purchase a block of 6 single garages situated in a central and convenient location in the centre of the town, literally a stone's throw from the high street, and at the end of a no-through road. The site occupies an area of approximately 141.93m2 (0.035 acres) and is situated at the very end of Greenclose Road. In front of the garages is a hardstanding which provides further off-road parking spaces.
At present, all 6 of the garages are let to different tenants with monthly rents of between £50 - £70. In total, £360 per month is collected thus equating to £4,320 per annum. All garages are let on a basic tenancy agreement, details of which are available upon request. The garages are to be sold with the tenants insitu.
The garages are located in a predominantly residential area of the town where parking can be difficult. The garages also back onto the High Street so owning the block would be a particularly valuable asset for any of the immediate neighbours. Clearly, the garages are suitable for parking and storage.
There is some potential for residential development of the site if desired. The current owners have previously submitted a pre-application enquiry to the Local Authority and a copy of their response is also available upon request.
Applicants are advised to proceed from our offices on foot in a westerly direction taking the pedestrian lane into Greenclose Road immediately to the left of The Lantern Community Centre. Proceed down Greenclose Road for 20 metres where the garage block will be found on the left hand side.
BY CAR: Proceed from our offices in an easterly direction taking the first left in to Northfield Road. Continue to the bottom of Northfield Road and at the traffic lights turn left on to Wilder Road. Continue along Wilder Road taking the second left hand turn in to Greenclose Road immediately opposite Lidl Supermarket. Continue to the top of the road where the garages will be found on the right hand side.
At present, all 6 of the garages are let to different tenants with monthly rents of between £50 - £70. In total, £360 per month is collected thus equating to £4,320 per annum. All garages are let on a basic tenancy agreement, details of which are available upon request. The garages are to be sold with the tenants insitu.
The garages are located in a predominantly residential area of the town where parking can be difficult. The garages also back onto the High Street so owning the block would be a particularly valuable asset for any of the immediate neighbours. Clearly, the garages are suitable for parking and storage.
There is some potential for residential development of the site if desired. The current owners have previously submitted a pre-application enquiry to the Local Authority and a copy of their response is also available upon request.
Applicants are advised to proceed from our offices on foot in a westerly direction taking the pedestrian lane into Greenclose Road immediately to the left of The Lantern Community Centre. Proceed down Greenclose Road for 20 metres where the garage block will be found on the left hand side.
BY CAR: Proceed from our offices in an easterly direction taking the first left in to Northfield Road. Continue to the bottom of Northfield Road and at the traffic lights turn left on to Wilder Road. Continue along Wilder Road taking the second left hand turn in to Greenclose Road immediately opposite Lidl Supermarket. Continue to the top of the road where the garages will be found on the right hand side.
Property information from this agent
About this agent
Established in 1924, Webbers estate agents are a national award-winning, independent estate agency, voted in the Top 3 estate agents in the UK for customer service in 2014. We have 16 West Country offices for residential sales & lettings in North Devon, West Somerset, Exmoor and Cornwall. Our exclusive Fine & Country marketing enables us to put our property in Park Lane, right in the heart of London, offering fabulous market exposure. In addition, with specialist departments for Commercial Property, Survey & Professional and New Homes, we deliver a comprehensive property service, with an enviable reputation as professionals in property. Ilfracombe is a bustling seaside town with curious coastal charm located on the rugged North Devon coastline. The town boasts a population of around 12,500 inhabitants and has predominantly Victorian and Edwardian architecture although there are a lot more post-war and modern properties towards the edge of the town. Facilities within the area include a variety of small shops with larger supermarkets including Tesco, Co-op and Lidl along with a good selection of restaurants and bars. There are infant, primary and secondary schools, the 'Landmark' theatre and cinema and a picturesque seafront with its working harbour and various beaches including the famous hand-carved 'Tunnels' beach.