Garages off Gleneagles Road, Wyken, Coventry, West Midlands CV2 3BP

** SOLD AT AUCTION - £91,000 **

**IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 16th May 2024 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

Just turn up with 2 forms of ID (no need to pre-register) or register via our website for online, proxy or telephone bidding.

passport.eigroup.co.uk/bidder-registration/loveitts

GUIDE PRICE: £70,000 to £90,000

** SOLD AT AUCTION - £91,000 **

Investment opportunity. 11 garages plus parking space, all occupied, with a current rent payable £9,240 p.a. (with potential to increase.) Within a gated site of 14 garages. Located via shared access adjacent to 54 Gleneagles Road. Ideal investment opportunity within a popular residential location.

TENURE
Freehold subject to tenancies.

TENANCIES
Rental Agreements
Term: Various. See Legal Pack.
Rent payable: Between £60 p.c.m. and £80 p.c.m.

ADDITIONAL COSTS
Administration Fee: £1,200 (£1,000 plus VAT)
Buyer's Premium: £600 (£500 plus VAT)
Please see the legal pack for any further costs.

Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.