Property Information
Address:
Gordon Street, Leamington Spa, Warwickshire, CV31 1HR
, CV31 1HR
Price: Property no longer available.
Size: SOA
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH662686
Property Ref/Agent: Gordon Street, Leamington Spa, Warwickshire, CV31 1HR - 538
*Please use the agent ref when calling the agent directly.
Property description
Description
Investment comprising 2 blocks totaling 8 garages
Location
Gordon Street is a quiet residential sector of south east Leamington, accessed off both New Street and Farley Street. The site is identified on the attached street map.
Services
No mains services are connected.
Tenure
The property is to be sold Freehold under two Titles. The properties are to be sold subject to seven Licenses for occupation agreements, one garage will be vacant.
Each garage is currently let at a quarterly rent of £195.00 (£780 p.a), under a quarterly agreement which can be terminated by either party subject to a quarters written notice.
Rent
Price: £80,000
Rates
N/A
Legal Costs
Each party will be responsible for their own legal costs .
GARAGE INVESTMENT GENERATING £6,240 PER ANNUM
PURCHASE PRICE £85,000
QUIET RESIDENTIAL LOCATION
SUITABLE FOR OWNER OCCUPIERS OR INVESTORS
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