Garage for sale

Rear of Quantock House, North Petherton

01278 285880

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Garage

0 bed

0 bath

Key information

Tenure: Freehold

Council tax: Ask agent

Broadband: Super-fast 80Mbps *

Mobile signal:

EE O2 Three Vodafone

Water: Ask agent

Heating: Ask agent

Electricity: Ask agent

Sewerage: Ask agent

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Property description & features

Tenure: Freehold
Block of Garages
20 Units (12 owned by Freeholder and 8 sold on long term leases)
Monthly income c£1000
Freehold

REDUCED

Here we have a great freehold investment opportunity with two blocks of garages totally 20 units. Demand is high with a waiting list of applicants.

Eight have been sold and are on long term leases which we understand were originally 999 year leases. Those on a long term lease, pay a proportion of the buildings insurance annually and £40 per annum towards maintenance.

The remaining twelve are retained by the freeholder. Rents received for the twelve is in the region of £12,000 per annum. There is some scope to improve on this by reviewing the rents.

With regard to the land in front of the garages we have been advised that there there is right of access over it to access the garages. We are unable to verify this.

It will be the responsibility of the purchasers' solicitor to verify all of the above.

Please call us to discuss your requirements.

Asking Price: £125,000.

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Places of interest

Linda Saunders Estate Agents - Bridgwater

45 High Street Bridgwater TA6 3BG

01278 285880

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What is your home worth?

Traditionally, when people wanted to sell their property they went to an agent in the High Street and instructed them on a 'no sale-no fee' basis. For most people this has worked well for many decades with the agent taking the 'risk' in that if they didn't manage to sell the property they were effectively out of pocket. With the advent of the internet over the past 10 years there has been much talk about the 'online' agent; someone who would advertise your property on a website for a lower upfront fee. They would rarely meet you or visit your property and in fact could be sat behind a desk in Outer Mongolia. With lower overheads the theory is that they would charge a much lower commission. The reality is that this impersonal service still has not been embraced by the public in the UK and in my view it is unlikely to be. The process of buying and selling is far more complicated than most people think and therefore having their hand held throughout the process is something that only a local High Street agent can really offer. That's not to say that there isn't room for an alternative to the traditional model! At LSEA we are always looking for ways to provide what customers want as we recognise that the 'one size fits all' model doesn't work for everyone. Therefore we are able to offer our clients two distinct models to choose from with our 'Lite' model perhaps bridging the gap between the traditional and the online propositions. Please head to our website to read more.

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*DISCLAIMER

Property reference LSEAGar. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Linda Saunders Estate Agents - Bridgwater.

OnTheMarket may have applied supplementary data to this property listing, including:

Broadband availability and predicted speed: obtained from Ofcom on December 17, 2021

Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s

The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

Mobile phone signal availability and predicted strength: obtained from Ofcom on September 5, 2022

Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

Energy Performance data and Internal floor area

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*Call rate information

Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.