Property description

North of the town, nearby many houses without on-site parking we offer a range of garages and stores with a Rental passing of £16,641 per annum. (As at 07.07.16).

There are 30 units of varying sizes arranged around a central area.

The access is through an archway between a terrace of housing.

A full list of occupiers and rents paid is available from the AUCTIONEERS OFFICE.

30 Units
22 Garages and 8 Stores (half size of garage)

Possession
Possession subject to the tenancies.

Services
There is NO electricity or water connected to the site, but there is a drain on site. Prospective purchasers will need to make their own enquires as to cost of connection.

Tenancies
The garages are currently let to the occupiers on oral tenancies and there are no tenancy agreements. The rents are paid currently per month for each garage/store to an occupier and the buyer will have to make and rely on their own enquiries and satisfy themselves of the position as it stands.

Auctioneers Note
The successful Bidder is required to provide photographic identification and proof of address when signing the Contract Special Conditions Memorandum of Sale.

VAT
No VAT payable.

Solicitor
Chamberlins5 High StreetCaister-on-SeaGreat YarmouthNorfolk NR30 5ELFor the attention of John ThackrayTel: 01493 720019email: jbt@chamberlins.co.uk

Price Information
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Property Features :

• Investment Opportunity
• Income of £16,641 per annum. (As at 07.07.16)
• Located in a densely populated residential area