34 Lock up Garages at Beasley Grove, Birmingham B43 7HG
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Freehold Garage Investment
- Comprising 34 lock-up garages arranged over 4 blocks
- 11 let, 22 vacant (1 sold off on a long lease)
- Further income potential
- Asset management opportunity
- VAT is not applicable
- Currently producing £14,820 p.a. (7.4% GIY on Guide Price plus 22 vacant garages)
Description
StrapLine
Auction Sale - 22/07/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteFreehold Garage investment comprising 34 lock-up garages arranged over 4 blocks. 11 are currently tenanted with further income potential by renting the vacant garages (1 sold off on a long lease) Part let £14,820 pa. (7.4% GIY plus 22 vacant garages)
Description
33 lock-up garages at the Beasley Grove development and arranged over 4 blocks.
Block 1 - 4 x garages
Block 2 - 4 x garages (1 sold off)
Block 3 - 6 x garages
Block 4 - 20 x garages
Total - 34 garages
The average size per garage is 155 sq ft.
One of the garages has been sold off on a long lease and are not included in the sale (Garage 23).
Location
Beasley Grove Development is situated in a residential area approximately 4.5 miles north west of Birmingham city centre.
Transport
Road - Close to Junction 7 of the M6 & the A34
Tenancy
Please see the below schedule of tenancies
Accommodation
Block 1 - 4 x garages - 57.60 sq m (620 sq ft)
Block 2 - 4 x garages (1 sold off) - 57.60 sq m (620 sq ft)
Block 3 - 6 x garages - 86.40 sq m (930 sq ft)
Block 4 - 20 x garages - 288.00 sq m (3,100 sq ft)
Total - 34 garages - 489.60 sq m (5,270 sq ft)
34 Lock up Garages at Beasley Grove, Birmingham B43 7HG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hamstead Station1.3 miles
- Perry Barr Station2.3 miles
- Tame Bridge Parkway Station2.5 miles
Notes
Disclaimer - Property reference 191-17466. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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 Savills Auctions, London. 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.
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 Savills Auctions, London on 020 3909 6715.
*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.”
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