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DescriptionInvestment comprising 2 blocks totaling 8 garagesLocationGordon 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.ServicesNo mains services are connected.TenureThe 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.RentPrice: £80,000RatesN/ALegal CostsEach party will be responsible for their own legal costs .GARAGE INVESTMENT GENERATING £6,240 PER ANNUMPURCHASE PRICE £85,000QUIET RESIDENTIAL LOCATIONSUITABLE FOR OWNER OCCUPIERS OR INVESTORS
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