Commercial property for saleGorleston-on-Sea
Sold STC £40,000
- The garages are all occupied and let
- Busy location
- Investment opportunity
- Freehold Unregistered
Full descriptionFOR SALE BY PUBLIC AUCTION ON THURSDAY 18th JULY 2013 - In this busy location, a site with 10 lock-up garages which are occupied and let and take access from Burnt Lane. The garages are all ocuppied and let under various informal arrangements by one of the occupiers who supervises and collects all the rents. The Seller has not been involved and has no control over such arrangements and rents. (Please see Special Conditions).
Site Area - 75' 5'' x 55' 0'' (23.01m x 16.79m) approx
All the garages are sold subject to the occupiers.
The garages are currently let to the occupiers on oral tenancies and there are no tenancy agreements. The rents are paid currently at £20.00 per month for each garage to an occupier and the buyer will have to make and rely on their own enquiries and satisfy themselves of the postion as it stands.
The successful Bidder is required to provide photographic identification and proof of address when signing the Contract Special Conditions Memorandum of Sale.
No VAT is payable.
Treasury Solicitors DepartmentBona Vacantia DivisionPO Box 70165LondonWC1A 9HG
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Aldreds, Great Yarmouth - Commercial on 01493 853853.
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