Lock up garages to the rear of Oaklands

Under Offer

FREEHOLD GARAGE BLOCK INVESTMENT

COMPRISING 13 GARAGES

ON OUTSKIRTS OF HORSHAM TOWN CENTRE

Status

For Sale

Location

The garage block is situated within a backland site to the rear of Oaklands Road, and access from Highlands Road. The surrounding densely populated residential area is on the outskirts of Horsham town centre. Horsham's mainline railway station is approximately 10 minutes by foot and the town centre is approximately 20 minutes by foot.

Description

The property comprises 13 single lock-up garages in a block, all with up and over doors.

Tenure

The freehold interest is available for sale subject to the existing licences in place.

Licences

All of the garages were originally let on 12-month licences, which we have been advised have all continued on a month-by-month basis, generating £60 per garage per month. The investment presently produces a gross income of £780 per calendar month (£9,360 per annum).

VAT

VAT is understood not to be applicable on the terms quoted.

Legal Costs

Each party to be responsible for their own legal costs.

Price

Offers in excess of £170,000

Energy Performance Rating

Upon enquiry