Garage for sale
Key information
Property description & features
- Tenure: Freehold
- *to acquire full parade of 9 garages in ripon drive, kelvindale, glasgow in glasgow's highly sought after west end*
- *huge break up potential*
- * Seldom brought to the market*
Investment / Development Opportunity to buy a FULL PARADE of purpose built lock up garages in Glasgow's Highly Sought after WEST END *HUGE BREAK UP POTENTIAL* Seldom brought to the market*
Located within the heart of the Exclusive Kelvindale district of Glasgow's West End* Easily Accessible & secure location* Various uses including storage & private parking* Potential yield of 24.2% ANNUAL Return*
High density Kelvindale district of Glasgow, these garages offer a rare & potentially Lucrative high yielding opportunity. Possible rental income of £21,600 per annum (£200 pcm per garage)*Post Refurbishment*
The garages have an estimated break-up value of £198k (£22k per garage) if sold individually *High Demand for rarely available garages in this area* Ideal for owner occupiers in the locale vicinity*
Easily Accessible & secure location* Excellent Storage or Investment potential*First Time on the open market in OVER 30 YEARS* Heavily discounted price to ensure sale *Interest should be noted to auctioneers*
*FIRST TIME ON THE OPEN MARKET IN 30 YEARS* A rare opportunity to purchase an UNBROKEN Parade of Lock Up Garages in the heart of the leafy district of Kelvindale in Glasgow's highly sought after West End*HUGE BREAK UP POTENTIAL* Seldom brought to the market* *High Density Location * Currently fully let at a low rent* ASSET MANAGEMENT OPPORTUNITY*This is a unique and rarely seen in opportunity in Glasgow* Individually Broken up, this Fabulous Parade of Garages has an estimated value of £198,000 (£22,000 per garage)* Once in a lifetime opportunity* *High Density Location *The expected rental value of a new garage unit in this location is £200 pcm equating to an annual combined income of £21,600* Estimated 24.2%+ Rental Return at Guide Price. The property is in a fantastic secure location close to Anniesland Cross and train station in a high density area with a shortage of private parking spaces and storage facilities. The local area plays host to a number of social & recreational amenities including the shopping district of Byres Road, the entertainment hub of Ashton Lane & The World Renowned Botanic Gardens off Queen Margaret Drive.*This is a rarely available opportunity To acquire within a Premier district in Glasgow's Highly Desirable West End*This is a unique opportunity seldom seen for sale in Glasgow. We expect substantial interest from professional investors & developers. Buyers with vision will be able to see the incredible potential of the subjects."
GUIDE PRICE: £99,750
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Property reference 272825. 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 Online Property Auctions Scotland - Glasgow.
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Broadband availability and predicted speed: obtained from Ofcom on September 9, 2024
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
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on September 9, 2024
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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