Garage

TO BE SOLD BY ONLINE AUCTION AS LOT 134 ON TUESDAY 26 MAR 2024 - Freehold Seventeen Lock-Up Garages and Fourteen Parking Bays

London Borough of Richmond Upon Thames

Situated off Cromwell Road in a popular residential area close to local shopping/ travelling facilities including Teddington Rail Station and Bushy Park.

Seventeen Freehold Lock-Up Garages and Fourteen Parking Bays arranged as follows:

Garage 1 let at £1,920 per annum

Garage 2 Vacant
Parking Bay 2(B) Vacant

Garage 3 Vacant
Parking Bay 3(B) Vacant

Garage 4 Vacant
Parking Bay 4(B) Vacant

Garage 5 Vacant
Parking Bay 5(B) Vacant

Garage 6 let at £1,920 per annum
Parking Bay 6(B) Vacant

Garage 7 Vacant
Parking Bay 7(B) Vacant

Garage 8 Vacant
Parking Bay 8(B) Vacant

Garage 9 Vacant
Parking Bay 9(B) Vacant

Garage 10 Vacant
Parking Bay 10(B) Vacant

Garage 11 Vacant
Parking Bay 11(B) Vacant

Garage 12 Vacant
Parking Bay 12(B) Vacant

Garage 13 let at £1,920 per annum
Parking Bay 13(B) Vacant

Garage 14 Vacant
Parking Bay 14(B) Vacant

Garage 15 Vacant
Parking Bay 15(B) Vacant

Garage 16 Vacant

Garage 17 let at £1,800 per annum

Thus Producing £7,560 per annum
in addition Vacant Possession of Thirteen Garages and Fourteen Parking Bays

Note 1: We have been advised by the vendor that an electricity meter and kiosk was installed recently and so electricity serves the property. The lower deck (where the lock-up garages are located) is served by motion-sensor LED lights and each garage has been fitted with 3 shackle locks.

Note 2: We have been advised by the vendor for the upper deck, waterproofing works were carried out recently in October 2023 and there is a 20 year guarantee from the specialist covering any defects from such works.

Note 3: The site may have potential to be developed into other uses but prospective bidders must make their own enquiries with the local council.