Freehold Block of Garages Wiltshire SN13

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Auction date: Wed, 24/07/2024 - 10:00

Guide Price £270,000 - £290,000. This freehold site extends to 0.16 hectares (0.39 acres) and is occupied by 36 garages. There is a large forecourt which has potential to accommodate additional storage subject to all necessary consents being obtainable. Vehicular entrance to the site is controlled by a locked gate. The garages are all let under the terms of a Licence Agreement producing a good income. It is considered there may be scope and potential to increase the rents, by bringing them more in line with market rates, to further enhance the income. Currently let at £25,380 per annum. 

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