**Standout Features:**
- Block of 7 single lock-up garages currently leased
- Generating an annual income of approximately £3,744
- Freehold tenure with potential for redevelopment (subject to consents)
- Located at the end of a quiet cul-de-sac near the Town Centre
- Excellent mobile signal and fast broadband speeds
**Notable Concerns:**
- Garages and roof may require maintenance
- Small storage units may only suit specific needs
This rare opportunity presents a block of seven single garages nestled in a central location on Newland Road, offering potential for savvy investors or developers looking to expand their portfolio. Currently let, these utilitarian concrete garages yield an attractive income of around £3,744 per year, ensuring immediate cash flow. The property is located in a quiet cul-de-sac, providing a sense of privacy while being conveniently close to local amenities and schools.
While the garages require some maintenance, including roof upkeep, the sturdy construction offers a solid foundation for possible redevelopment, paving the way for future investment opportunities. Don’t miss out on this unique chance to secure a freehold property with both rental income and potential for growth in a desirable area. Whether you’re looking to invest or explore redevelopment options, act quickly—opportunities like this are not available for long!
