Plot for sale
Key information
Property description & features
- 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
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.
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Property reference ILF240078. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Webbers - Ilfracombe.
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Broadband availability and predicted speed: obtained from Ofcom on June 29, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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