No longer on the market
This property is no longer on the market
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Sold STC
Garage
Key information
Tenure: Freehold
Council tax: Band TBC
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
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Features and description
- 14 garages
- Sale by public auction
- Two blocks of lock up garages
- All currently let with annual income of £11,340
- Ideal low effort investment
- Central southsea
SALE BY PUBLIC AUCTION ON THE 11TH DECEMBER 2024 AT THE SILVERLAKE STADIUM, STONEHAM LANE, EASTLEIGH, SOUTHAMPTON, SO50 9HT STARTING AT 11AM.
A rare opportunity to purchase two blocks of lock-up garages which straddle a cobbled street just off the bustle of Albert Road in central Southsea. The 14 garages are all currently let with an annual income of £11,340, although this could likely be improved considerably subject to rent reviews or new tenancies. 8 garages on the east side of Wish Place are larger than the 6 on the west side. An ideal low-effort investment.
ADDITIONAL FEES:
Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the purchaser on completion.
MONEY LAUNDERING PROCEDURES
IN ACCORDANCE TO THE ABOVE, PLEASE BE ADVISED, THAT IF YOU INTEND TO BID ON THIS PROPERTY, THEN YOU WILL BE REQUIRED TO PROVIDE TWO FORMS OF ID (ONE PHOTO-TYPE). IF YOU ARE INTENDING TO BID ON BEHALF OF A THIRD PARTY, THEN WE WOULD REQUIRE BOTH ID FOR YOURSELF, PLUS A CERTIFIED COPY OF PHOTO ID FOR THE INTENDED PURCHASER.
PLEASE SEE WEB-SITE, FOR FURTHER DETAILS.
A rare opportunity to purchase two blocks of lock-up garages which straddle a cobbled street just off the bustle of Albert Road in central Southsea. The 14 garages are all currently let with an annual income of £11,340, although this could likely be improved considerably subject to rent reviews or new tenancies. 8 garages on the east side of Wish Place are larger than the 6 on the west side. An ideal low-effort investment.
ADDITIONAL FEES:
Buyers Admin Fee: £600 inc VAT (£500 + VAT), payable on exchange of contracts.
Disbursements: Please see legal pack for any disbursements listed that may become payable by the purchaser on completion.
MONEY LAUNDERING PROCEDURES
IN ACCORDANCE TO THE ABOVE, PLEASE BE ADVISED, THAT IF YOU INTEND TO BID ON THIS PROPERTY, THEN YOU WILL BE REQUIRED TO PROVIDE TWO FORMS OF ID (ONE PHOTO-TYPE). IF YOU ARE INTENDING TO BID ON BEHALF OF A THIRD PARTY, THEN WE WOULD REQUIRE BOTH ID FOR YOURSELF, PLUS A CERTIFIED COPY OF PHOTO ID FOR THE INTENDED PURCHASER.
PLEASE SEE WEB-SITE, FOR FURTHER DETAILS.
Area statistics
Crime score
High crime
10/10
About this agent
Since that date the firm has developed an ever expanding network across Hampshire with offices in Romsey, Southampton, West End, Hythe, Fareham, Southsea, Denmead, Clanfield, Waterlooville, Havant, Andover and Winchester. Our experienced and friendly teams offer a professional but personal service to meet the specific needs of each and every client. Whether selling or letting a residential or commercial property, finding a solicitor, arranging a survey, development a plot of land, buying a property auctions, or arranging a valuation of your home, Pearsons are there to help you every step of the way.