Garage Site with Potential Gravesend DA12

A freehold garage site extending to approximately 0.11 hectares (0.26 acres) comprising of 47 lock-up garages together with vehicular rights of way access. The site is partly currently let and produces a gross rental income of £12,688 per annum. The majority of the income producing garages are currently let each at £780 per annum and based upon this level, the estimated potential gross rental income would be approximately £36,660 per annum. The site may be suitable for continued use, refurbishment of existing garages or alternative schemes for redevelopment, subject to all the necessary consents being obtainable.