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Garages Rear of 198 Alvechurch Road, West Heath, Birmingham, B31 3PS

Sold for for £93,000.
 

Guide Price £45,000-£50,000 plus fees


Thursday 30th April 2015

11.00am
Key Features
19 Freehold Garage Investments <1mm/> Current Annual Income: £6,175.28 Potential Annual Income: £6,883.36
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Sold for for £93,000.

Garages

Is Preliminary Lot

False

Property Description

19 Lock-up garages, subject to tenancies, situated in a residential location.

Property Type

Land & Development Opportunities & Garages

Tag Line

19 Freehold Garage Investments
Current Annual Income: £6,175.28
Potential Annual Income: £6,883.36

Tenancy Details

Garages, 1-10, 12, 14 and 16-19 are let at a rental of £88.51 each per quarter with the exception of garage 13 which is let at a rental of £127.66 per quarter and garages 11 and 15 which are vacant.
Current Annual Income: £6,175.28
Potential Annual Income: £6,883.36

Tenure

We understand that the garages are Freehold and are being sold subject to the existing tenancies.

Viewings

The site is open for viewings.

Tenure: