Garage Colony – 10 x Garages Fully Let Producing £3,440 pa

Freehold garage colony of ten garages of brick elevations and double timber doors to the front, arranged in two back to back rows of five. The garages are currently fully let and produce between £300 pa up to £380 pa with the current total rental income being £3,440 pa. The rents being paid either ½ yearly or yearly. Please refer to the legal pack for tenancy schedule. The garages are situated to the rear of houses fronting Ord Road, Shelley Road, Gathurst Road and Arnott Road, with vehicular access from Ord Road, Shelley Road and Arnott Road. Tenure: Freehold Title number: LA716137 Local Authority: Preston Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Local Authority

Preston City Council

Solicitors

Complete Convey, Ref: Complete Convey

Additional Fees

Administration Charge - 2.5% inc VAT of the purchase price, subject to a minimum of £2500 inc VAT, payable on exchange of contracts.

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