No longer on the market
This property is no longer on the market
MapGarage
Sold STC
Garage
Key information
Features and description
- 6 Garages
- Close to residential properties
- Leasehold - 999 years
- Potential Investment Opportunity
- Licence income - £4,680 p.a. (9.36% Gross Investment Yield)
- For Sale By Informal Tender - 12 noon on 9/2/2024
FOR SALE BY INFORMAL TENDER - TENDER DATE 9/2/2024
The property comprises approximately 220m2 of land which is currently used for garaging and includes six garages. The garages are currently fully occupied, with the occupation on the basis of licence agreements with the accumulative licence fee of £4,680 p.a. (£15/week/garage).
Subject to overage clause for residential development.
No service connections.
The property comprises approximately 220m2 of land which is currently used for garaging and includes six garages. The garages are currently fully occupied, with the occupation on the basis of licence agreements with the accumulative licence fee of £4,680 p.a. (£15/week/garage).
Subject to overage clause for residential development.
No service connections.
Property information from this agent
About this agent
Fazakerley Sharpe, one of the North West’s oldest privately owned property consultancies was initially established by Thomas Fazakerley in 1931. A measure of our ongoing strength and continued performance is exemplified by the number of original instructions from 1937 which continue to be managed by the business today. We pride ourselves on traditional values, the relationships we have built and a commitment to maintaining a personal service. We specialise in Residential, Commercial and Rural Practice covering the whole of the North West, but mainly in the Cheshire and Greater Manchester Areas. The Company operates from Wrightington Street in the heart of the historical town of Wigan, Lancashire and is now headed by Jack Sharpe, a Chartered Surveyor who is the 5th generation of the family to run the business and succeeds his late Grandfather, Brian Fazakerley.