Parking/garage for sale in Garages Off Kinver Close, Norwich, Norfolk NR4

For sale by auction on Wednesday, 11 Sep 2024 at 11:00

Venue: Livestream Auction

Ten garages situated in the Golden Triangle

Nine let, one vacant producing £570 pcm (£6,840 pa)

Ten garages occupying 0.06 of an acre site tucked away down a no through road off Mile End Road. They are brick and block with double wooden doors. There are nine in one block of ten and opposite one in a block of seven. Nine of the garages are let and one is vacant producing £570 pcm (£6,840 pa).

The site is located in a sought after area around a mile south west of the city centre near the Daniels Road roundabout.

They have been in the same family for around thirty years and are being sold on instruction of Executors.

Rent Schedule
Garage 4: Vacant

Garage 8: £65 pcm

Garage 9: £65 pcm

Garage 10: £65 pcm

Garage 11: £65 pcm

Garage 13: £65 pcm

Garage 14: £65pcm

Garage 15: £60pcm

Garage 16: £60pcm

Garage 17: £60pcm

Total: £570 pcm (£6,840 pa)

Measurements
Garages 4,8,9,10,11,13 & 14 are standard 5.02m long x 2.58m wide (16’ 5” x 8’ 5”) and garages 15,16 & 17 smaller 3.97m long x 2.58m wide (13’ x 8’ 5”).

Viewing
Any reasonable time during daylight hours. All persons viewing should be aware that they enter the site entirely at their own risk.

The single vacant garage will be open on Thursday 5 September from 11am to 11.30am only - to book an appointment please call the Norwich office.

Note
Please would all interest parties register their interest with the Auctioneer in order that they may be kept up to date with any developments.

Additional Fees
Buyers Premium: £900 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

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

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.