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Commercial property for sale


Sold STC £40,000

Property Description

Key features

  • The garages are all occupied and let
  • Busy location
  • Investment opportunity
  • Freehold Unregistered

Full description

FOR 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.

Auctioneers Note:
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

More information from this agent

Map & Street View

Disclaimer - Property reference 2704351. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Aldreds, Great Yarmouth - Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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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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