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Tites Garage Nimmings Road, Blackheath, B62 9JJ

Sold Prior to auction, for an undisclosed amount.
 

Guide Price £135,000 plus fees


Thursday 27th February 2014

11.00am
Key Features
A Freehold Commercial Investment Property<1mm/>Current Gross Income: £13,200 pa.
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Sold Prior to auction, for an undisclosed amount.

Commercial Property

Accommodation

Forecourt approach to Office/Reception Area, Workshop with room for approximately 4 vehicles, Kitchen, Male and Female Toilets and rear vehicle access to tarmac parking area.

Auctioneers Note (No Number)

It is understood the following equipment is also included within the sale:-
MOT Diagnostic Equipment & Tooling
1 x Full Post Ramp
2 x Two Post Ramps
1 x Scissor Ramp
1 x Rolling Road
1 x Compressor

Property Description

An MOT testing station and vehicle repair garage, which has been trading since 1930s. The property stands back from the road behind a short forecourt, which is located off the main road within a predominantly residential and commercial area.

Property Type

Commercial Investment

Tag Line

A Freehold Commercial Investment PropertyCurrent Gross Income: £13,200 pa.

Tenancy Details

We understand that the property is Let to the same Tenant since 2005, on a monthly rental of £1,100 - £13,200 per annum, by way of a 12 month Licensing Agreement, which excludes the provisions of Sections 24 to 28 of the Landlord & Tenant Act 1954.

Tenure

We understand that the property is Freehold and is being sold subject to the existing Lease.

Viewings

Strictly by arrangement with the Auctioneers.

Tenure: