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.