Garage for sale
Key information
Property description & features
- IN ROOM AND LIVESTREAM AUCTION
- Current rent payable £9,240 p.a.
- Investment opportunity
- Residential location
- 11 garages plus parking space
- Shared driveway
*IN THE ROOM AND LIVESTREAM*
To be sold via Public Auction on Thursday 16th May 2024 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ
Just turn up with 2 forms of ID (no need to pre-register) or register via our website for online, proxy or telephone bidding.
passport.eigroup.co.uk/bidder-registration/loveitts
GUIDE PRICE: £70,000 to £90,000
Investment opportunity. 11 garages plus parking space, all occupied, with a current rent payable £9,240 p.a. (with potential to increase.) Within a gated site of 14 garages. Located via shared access adjacent to 54 Gleneagles Road. Ideal investment opportunity within a popular residential location.
TENURE Freehold subject to tenancies.
TENANCIES Rental Agreements
Term: Various. See Legal Pack.
Rent payable: Between £60 p.c.m. and £80 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Buyer's Premium: £600 (£500 plus VAT)
Please see the legal pack for any further costs.
Tenure: See Legal Pack
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Places of interest
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*DISCLAIMER
Property reference 202404111342sq_2t7s. The information displayed about this property comprises a property advertisement. We Are The Market and OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Loveitts - Auctions.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on June 10, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.
