Ten Freehold Garages For Sale

Ophir Road, Worthing, BN11 2SR

Quick Summary

£130,000 Price Description: Offers in Excess of Income: £7800 Units: 10 Floors: 1 Type: Commercial, Garages, Investment Status: Under Offer Garage: 10

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Property Description

An opportunity to acquire the freehold of 10 lock-up garages occupying a convenient location approximately 1.5 miles east of Worthing Town Centre.

The garages are situated in a well-maintained compound of 15 to the rear of 40-42 Ophir Road, just off the A259 Brighton Road.

All ten garages are currently let and producing a gross income of £7,800 per annum.

 

LOCATION:

The garages are situated in Ophir Road, a quiet residential location just off the seafront to the east of Worthing Town Centre. There is good access to the surrounding areas via the nearby A259 coast road.

 

TENANTS/INCOME:

Garage 2           Let at £65 pcm

Garage 3           Let at £65 pcm

Garage 4           Let at £65 pcm

Garage 5           Let at £65 pcm

Garage 6           Let at £65 pcm

Garage 7           Let at £65 pcm

Garage 8           Let at £65 pcm

Garage 9           Let at £65 pcm

Garage 10         Let at £65 pcm

Garage 11         Let at £65 pcm

 

GUIDE PRICE:

Offers in Excess of £130,000 are invited for the Freehold interest, subject to the various tenancies.

 

VIEWING:

Strictly by appointment with Spratt & Son.

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