Garage for saleLock-up Garages Meadow View (Stanton Moor View) Darley Dale Matlock
- Business for sale
- A Block of Six Lock Up Garages
- Currently fully let yielding an annual income of £1,920
- Freehold subject to the existing tenancies
FOR SALE AS A WHOLE OR INDIVIDUALLY
A profitable investment opportunity yielding a good rate of return against capital with potential for rental increase.
A block of six lock-up garages of pre-cast concrete construction situated in the heart of a predominantly residential area and currently fully let.
Yielding an annual income of £1,920. With current interest rates at their all time low level, substantial funds would need to be invested to generate income currently been seen from these garages and at the quoted purchase price the rent yields a gross income of 5.05%.
AVAILABLE AS A WHOLE OR INDIVIDUALLY (£7,000).
TENURE – Freehold subject to the existing tenancies.
DIRECTIONS – From Matlock take the A6 north turning right after approximately one mile into Stanton Moor View. Turn first right into Meadow View and bear to the left at the head of the cul-de-sac. The garages are on the right.
Note: The garages are within the ownership of a Director of Fidler Taylor.
VIEWING – Call on site at any reasonable time.
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