**Standout Features:**
- 19 lock-up garages currently generating an annual income of £16,100.
- Located adjacent to Mill Lane in Acle, a short walk from the town center.
- Offered freehold with potential for future development.
- Sold via livestream auction on May 8, 2025, with a guide price of £130,000 - £150,000.
- Low crime area, ideal for investment in a stable rural neighborhood.
This unique opportunity presents 19 lock-up garages in Acle, Norwich, currently fully let and yielding a solid income of £16,100 per year. These utilitarian garages, constructed in the 1960s, offer not only a sound investment in today’s rental market but also potential for future development. Located just a short stroll from Acle town center, you’ll enjoy easy access to local amenities including shops, restaurants, and healthcare facilities.
The property comes with the rare benefit of freehold tenure, making it an attractive option for investors seeking stability and security. Additionally, the affordable guide price combined with a low crime rate in the surrounding area enhances the appeal, especially for those looking to invest in rural property. With a livestream auction scheduled for May 2025, seize the chance to claim this valuable asset before someone else does!
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