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34 Lock up Garages at Beasley Grove, Birmingham B43 7HG

Guide Price
£180,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE

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SECTOR

Commercial property for sale

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
  • Producing £14,820 p.a. (7.4% GIY on Guide Price 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).



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

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

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference E7DFE92B-0099-47CE-9348-003F2068FBA4. 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, Savills Auctions- 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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