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Auction Property

5 Garages adjacent to 12 Barney Road, Fulmodeston, Fakenham, Norfolk, NR21 0AT

Sold for £23,000

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INVESTMENT OPPORTUNITY

Directions:

Head away from Fakenham on the A148 and proceed into Little Snoring. Once in the village, turn right at the crossroads into Kettlestone Road. Proceed through Croxton and into Fulmodeston. At the crossroads turn left into Barney Road and the garages will be found on the right adjacent to no. 12 Barney Road.

Location:

Fulmodeston is a small North Norfolk village which lies approximately 7 miles east of Fakenham and approximately 9 miles south-west of Holt.

Viewings:

External viewings only during daylight hours.

General

Two blocks of garages, one block of 3 and the other of 2, sold as one lot. Three of the garages are vacant and two are let. One garage is let to a Victory Housing tenant who pays £8.15 per week (£423.80 per annum). The other garage is let to a private individual who pays £11.91 plus VAT which equates to £14.29 per week (743.18 per annum). Total current income is £1,166.88, subject to final confirmation. Both blocks appear to be of brick construction under an asbestos style corrugated roof.

Please note:

Keys to the vacant garages may not be available upon completion and the successful bidder is likely to have to bear the cost of any replacement locks.

Wayleaves Easements and Rights of Way:

The garages are sold subject to and with the benefit of all existing rights including rights of way whether public or private light support drainage water and electricity supplies and other rights easements quasi-easements and all wayleaves whether referred to or not in these particulars.

Agent's note:

The buyer will be required to sign in the auction room a Declaration of Interest Form in respect of any connection they may have with the Victory Housing Trust.