A purpose built garage forming part of a larger block, currently let producing 12% per annum
This is a single lock-up garage forming part of a purpose built block and includes part of the forecourt area to the front. The property is currently let at £80pcm/ £960pa representing circa 10 - 12% yield based on the guide price. It is approached via a driveway off the bend next to 1 Nutley Avenue .
The property is sold subject to an existing periodic tenancy and is let at £80 per calendar month.
Buyers Admin Fee: 0.3% of the sale price subject to a minimum fee of £720 on the fall of the gavel/exchange of contracts.
Search Pack Fee: £350 payable upon the fall of the gavel/exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
For Sale by Auction
On Thursday 8th February at 7.00pm
At Ashton Gate Stadium, Winterstoke Road, Bristol BS3 2LQ
Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.
A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other lots in this auction please visit the website.