Guide price
£425,000Garage for sale
Ripon Drive, Glasgow G12
Auction
Added yesterday
Garage
Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
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Features and description
- 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 36 purpose built lock up garages in Glasgow's Highly Sought after WEST END*HUGE BREAK UP POTENTIAL OF £20,000 PER GARAGE* 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 20.3% ANNUAL Return (based on guide price)*
High density Kelvindale district of Glasgow, these garages offer a rare & potentially Lucrative high yielding opportunity. Possible total rental income of £86,400 per annum (£200 pcm per garage)*Post Refurbishment*
The garages have an estimated massive total break-up value of £720k (£20k 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 £720,000 (£20,000 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 £86,400* * Estimated 20.3%+ 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: £425,000
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
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 20.3% ANNUAL Return (based on guide price)*
High density Kelvindale district of Glasgow, these garages offer a rare & potentially Lucrative high yielding opportunity. Possible total rental income of £86,400 per annum (£200 pcm per garage)*Post Refurbishment*
The garages have an estimated massive total break-up value of £720k (£20k 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 £720,000 (£20,000 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 £86,400* * Estimated 20.3%+ 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: £425,000
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
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