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Garages and Land, Stonehouse Estate, Coventry, CV3 4DX

Guide Price: £25,000 - £35,000
Auction Thursday 19th Nov 2020 6.00pm
www.eigpropertyauctions.co.uk/live-stream/auctions/loveitts
Auction starts at 6:00pm

Description

  • Garages


This will be a live stream auction. Bidding will be available by either telephone, proxy or online bidding. If you wish to bid, please download the bidding form and return it by email or post with copies of your ID and proof of address.

*** SOLD AT AUCTION - SOLD FOR £28,000 ***

Investment opportunity - 5 tenanted brick built garages, plus a parcel of land having potential for 9 garages / other potential uses (subject to planning), Within a popular residential location.
Current rent payable £2,460 p.a.



TENURE

Freehold subject to tenancies.



TENANCIES

Please see legal pack for further information.
Sunbury Road:
Rent payable: £40 p.c.m.
Sedgemoor Road:
Rent payable: £40 p.c.m. and £42 p.c.m.
Sunnybank Avenue:
Rent payable: £40 p.c.m. and £43 p.c.m.



ADDITIONAL COSTS

Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs



Key Facts

*** SOLD AT AUCTION - SOLD FOR £28,000 *** Land with potential, subject to consents Ideal investment Tenanted garages
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