14 NO. GARAGES, BACK HIGH STREET, R/o 53-55 HIGH STREET , BLACKPOOL, LANCASHIRE, FY1
Lock-up Garages Industrial Investment Investment (commercial)
For Sale: £145,000 for the freehold
Key Features
14 X GARAGE UNITS
11 OF WHICH CURRENTLY RENTED OUT GENERATING £9,540 PA EXC - AT PRESENT
PRESENT RENTS ARE DEEMED CHEAP HOWEVER
REMAINING THREE ARE OWNER OCCUPIED
RENTAL INCOME POTENTIONAL ONCE ALL LET AND AT FULL MARKET VALUE: circa £14,560 PA EXC
£14,560 PA IS AT £20 PER WEEK / PER GARAGE
How to find out more…
If you have any questions about the property or would like to book a viewing, please get in touch with us via our contact page or the enquiry and viewing buttons above.
Property description
This garage investment sale comprises:
- 14 no. Garage units
- 11 single garages and 3 double garages
- 11 of the garages currently generating a rental income of £9,540 pa (£60 per month each)
- The rents are deemed as being cheap and under present market rent.
- Remaining 3 were owner occupied
- Rental income potential once fully let and all garages let at £20 per week / £14,560 pa
- Electric and water supply to some units, however, this has been disconnected.
- Alley gate provides added security measures for the garages.
This is an excellent investment opportunity and viewings are highly recommended by appointment.
