COVID-19 – Important Auction Information
For Sale By Auction | 18:30, 16 May 2024 | Lot 22

Garages off Gleneagles Road, Wyken, Coventry, West Midlands CV2 3BP

*Guide | £70,000 - £90,000 (plus fees)

  • Garages

Call the team on 024 7652 7789 for more information

Auction Date

Thu 16/05/2024

Auction Time

18:30

Auction Venue

Village Hotel, Dolomite Avenue, Coventry, CV4 9GZ

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.

Additional Fees

Administration Charge - these fees are included in the above sales particulars.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.