Located in a residential road, close to Littlehampton seafront where garages and parking are at a premium.
The vendors consider that scope exists to improve the current rents, bearing in mind the front parking facility with the garages.
The garages may offer some form of future development potential, subject to all planning and other consents being obtained.
The property comprises of two freehold lock-up garages, together with front forecourts to provide additional parking. Both garages are currently let on individual monthly license agreements at £75.00 and £78.00 per calendar month.
The garages have not been inspected internally, however, we are advised by the seller that the internal length of the garage is 15’9ft whilst the width of the door opening is 7’5ft x 6’6ft’
Guide prices are provided as an indication of the seller’s current minimum acceptable price at auction. They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.
The reserve price is the minimum acceptable price under the hammer, which remains confidential, and may change at any time prior to the auction. Unless otherwise stated, each property will be sold subject to a reserve. The reserve is expected to be set no more than 10% above a fixed figure guide price, or within a guide price range.