Garage for sale121 Edward Avenue, Braunstone, Leicester, LE3 2PE
Guide Price* £20,000
Sold Prior to auction, for an undisclosed amount. For Sale by Public Auction on 23/11/2016
The garages are located off Narborough Road South, near to the junction of Fernhurst Road.
A block of 3 single garages.
A Development Uplift Clause will be included within the contract entitling the Seller to recover 30% of any increase in value of the site for a 20 year period.
Freehold, part vacant and part investment.
One of the garages is let on a quarterly basis at a rental of £80 per quarter (£320 pa) plus VAT.
Geoffrey Tew & Co, Granby House,
173 London Road, Leicester LE2 1EG
Tel: (0116) 255 6200 ~ Ref: L Fairbrother
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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 Shonki Brothers Ltd, Leicester - Auctions on 01162 543373.
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