Rank of Garages @, Milford Avenue, Wick,
FOR SALE BY AUCTION
SOLD @ HOLLIS MORGAN MAY AUCTION
GUIDE £25,000 - £35,000
SOLD @ £36,000
LOT NUMBER 21
Wednesday 23rd May 2018
All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY
Legal packs will be available for inspection from 18:00.
The sale will begin promptly at 19:00
Two Freehold ranks of 3 single garages ( 6 Total ) located to the rear of Milford Avenue with excellent vehicular access.
Milford Avenue is located within the popular countryside setting of Wick. Local amenities and services are all within close proximity. Bristol City Centre is approximately ten miles away.
Fully let investment producing £3,264 PA
BREAK UP SALE
Scope for individual resale of the units.
EXISTING TENANTS AND INCOME
4 of the garages are currently let for £50 pcm inc VAT
2 of the garages are currently let for £40 pcm inc VAT
TOTAL £2,719 per annum
WE UNDERSTAND THERE IS SCOPE TO INCREASE ALL RENTS TO £50 PCM / £3,600 PA