Freehold Garage Investment For Sale

Old Manor Road, Rustington, BN16 3QS

Quick Summary

£110,000 Price Description: Offers in Excess of Income: £6300 Units: 8 Type: Commercial, Garages, Investment Status: Under Offer


Property Description

An opportunity to acquire the Freehold interest of eight lock-up garages occupying a convenient location in Rustington, West Sussex.

The garages form part of a compound of 29 garages on the east side of Old Manor Road, a residential street close to Rustington village center. The garages are situated on a backland site and access is via a service road which runs between no’s 79-81 Old Manor Road.

All eight garages are currently let on informal licences and producing a gross income of £6,300 per annum.



Garage 10         Let at £65 pcm

Garage 11         Let at £65 pcm

Garage 12         Let at £65 pcm

Garage 38         Let at £65 pcm

Garage 39         Let at £65 pcm

Garage 40         Let at £65 pcm

Garage 41         Let at £70 pcm

Garage 42         Let at £65 pcm


Gross annual income £6,300



Offers in Excess of £110,000 are invited for the Freehold interest, subject to the various tenancies.



The garages can be viewed externally at any time. Internal appointments will be subject to prior appointment.



The Freehold Title No is SX124208.

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