Offers over
£130,000
Property for saleGarages Off Mayfields, Redditch B97
Just added
Freehold
About this property
Freehold
Close proximity to Redditch Town Centre
Additional development opportunity (STPP)
Tenanted units
Currently producing £12,000 per annum
*Investment Opportunity*
The garages off Mayfields comprise a single, well-defined block of residential garages/work units.
The property is freehold and includes ten individual garages arranged in one block, together with additional parking provision for a further ten vehicles located above the garage block.
The garages off Mayfields comprise a single, well-defined block of residential garages/work units.
The property is freehold and includes ten individual garages arranged in one block, together with additional parking provision for a further ten vehicles located above the garage block.
Both the garage block and the additional parking benefit from a main vehicular access point off Mayfields, providing convenient access through to Mount Pleasant.
The garages have been professionally managed for the past five years and currently generate an annual income of £12,000. There is further potential for rental growth, as well as a development opportunity to further capitalise on the parking spaces above the garages to enhance overall income.
No statement in these details is to be relied upon as representation of fact, and purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the statements contained within. These details do not constitute any part of any offer or contract. Ap Morgan and their employees and agents do not have any authority to give any warranty or representation whatsoever in respect of this property. These details and all statements herein are provided without any responsibility on the part of ap Morgan or the vendors. Equipment: Ap Morgan has not tested the equipment or central heating system mentioned in these particulars and the purchasers are advised to satisfy themselves as to the working order and condition. Measurements: Great care is taken when measuring, but measurements should not be relied upon for ordering carpets, equipment, etc. The Laws of Copyright protect this material. Ap Morgan is the Owner of the copyright. This property sheet forms part of our database and is protected by the database right and copyright laws. No unauthorised copying or distribution without permission..
The garages off Mayfields comprise a single, well-defined block of residential garages/work units.
The property is freehold and includes ten individual garages arranged in one block, together with additional parking provision for a further ten vehicles located above the garage block.
The garages off Mayfields comprise a single, well-defined block of residential garages/work units.
The property is freehold and includes ten individual garages arranged in one block, together with additional parking provision for a further ten vehicles located above the garage block.
Both the garage block and the additional parking benefit from a main vehicular access point off Mayfields, providing convenient access through to Mount Pleasant.
The garages have been professionally managed for the past five years and currently generate an annual income of £12,000. There is further potential for rental growth, as well as a development opportunity to further capitalise on the parking spaces above the garages to enhance overall income.
No statement in these details is to be relied upon as representation of fact, and purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the statements contained within. These details do not constitute any part of any offer or contract. Ap Morgan and their employees and agents do not have any authority to give any warranty or representation whatsoever in respect of this property. These details and all statements herein are provided without any responsibility on the part of ap Morgan or the vendors. Equipment: Ap Morgan has not tested the equipment or central heating system mentioned in these particulars and the purchasers are advised to satisfy themselves as to the working order and condition. Measurements: Great care is taken when measuring, but measurements should not be relied upon for ordering carpets, equipment, etc. The Laws of Copyright protect this material. Ap Morgan is the Owner of the copyright. This property sheet forms part of our database and is protected by the database right and copyright laws. No unauthorised copying or distribution without permission..
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