Sold @ Auction £36,000

Rank of Garages @, Milford Avenue, Wick, BS30 5PG


  • FOR SALE BY PUBLIC AUCTION
  • WEDNESDAY 23RD MAY
  • ALL SAINTS CHURCH, CLIFTON, BS8 2HY
  • WEEKLY SET VIEWINGS
  • DOWNLOAD ONLINE LEGAL PACKS
  • GARAGE INVESTMENT
  • 6 SINGLE GARAGE UNITS
  • 2 X RANKS OF 3 GARAGES
  • FULLY LET £3,264 PA
  • EXCELLENT VEHICULAR ACCESS

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

THE GARAGES

Two Freehold ranks of 3 single garages ( 6 Total ) located to the rear of Milford Avenue with excellent vehicular access.

LOCATION

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.

THE OPPORTUNITY

GARAGE INVESTMENT

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


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