Eight Freehold Garages For Sale

Hillside Crescent, Angmering, BN16 4AA

Quick Summary

£100,000 Price Description: Guide Price Income: £5820 Units: 8 Floors: 1 Type: Commercial, Garages, Investment Status: Under Offer Rooms: 8 Garage: 8

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Property Description

An opportunity to acquire the freehold of 8 lock-up garages occupying a convenient location in the popular village of Angmering, West Sussex. The garages are situated in a small compound surrounded by residential properties. We are advised that all eight garages are currently let on informal licences producing a gross income of £5,820 per annum.

 

LOCATION:

The garages occupy a convenient location within the heart of Angmering, a popular, affluent and expanding village which has seen a dramatic population rise in the last few years due to substantial local development. Hillside Crescent is accessed from High Street and offers good access to the surrounding areas via the nearby A259 and A27 trunk roads.

 

TENANTS/INCOME:

Garage 1          Let at £60 pcm

Garage 2          Let at £60 pcm

Garage 3          Let at £60 pcm

Garage 4          Let at £60 pcm

Garage 5          Let at £65 pcm

Garage 6          Let at £60 pcm

Garage 7          Let at £60 pcm

Garage 8          Let at £60 pcm

 

GUIDE PRICE:

£100,000 for the Freehold interest, subject to the various tenancy agreements.

 

VIEWING:

Strictly by appointment with Spratt & Son.

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