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Commercial Development for sale

Garages, Bosmeor Park, Redruth

Sold STC £120,000

Property Description

Key features

  • GARAGE INVESTMENT OPPORTUNITY
  • AVAILABLE AS WHOLE OR IN PART
  • GROSS INCOME 4,800
  • FULLY LET
  • EPC N/A

Full description

Eight separate garages available as an investment, together, or separately. producing a gross income of £4,800 in a busy residential area of Bosmeor Park Illogan.

Location - Bosmeor Park is situated at Illogan between Redruth and Camborne, a popular and large residential area enjoying excellent access to all local amenities including shops, schooling, the A30, Redruth & Camborne

Description - The eight garages are situated among a total of 23 terraced garages, all but two of which are believed to belong to the owners of adjoining houses, making the availability of these ancillary garages rare for use as garages or stores.

Lease Terms - Each garage is let under a simple Agreement (copy to be available upon request) to local parties at £50pcm (gross of vat.
We are advised, that renting of parking facilities are standard rated for VAT and that a garage is a parking facility. We understand that the Agreements can be determined at reasonable notice.
All garages are fully let at the time of issue, meaning total rent for the eight garages is £4,800 pa Gross.

Price - £120,000 is sought for the freehold of these eight garages which are available separately by negotiation.

Legal Costs - Each party is to be responsible for their own costs.

Business Rates - We refer you to the valuation office website www.voa.gov.uk or call 0300-1234-171

Services - Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Vat - All the above prices/rentals are quoted exclusive of VAT, where applicable. We are advised that the sale of the garages will not attract VAT and no Option for Tax has been made on these units.

Contact Information - For further information or an appointment to view please contact:
Peter Heather on 01872 247007 or via email pgh@miller-commercial.co.uk or
Will Attlee on 01872 247004 or via email wa@miller-commercial.co.uk

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.


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