This property has been taken off the market.

House For Sale Shrubbery Walk, Weston-super-Mare, BS23

£85,000

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Last Updated: 21st May 2024

Description

Hollis Morgan – A collection of FREEHOLD GARAGES with excellent INCOME ( £6,939 PA ) and scope for BUILDING PLOT subject to consents.

The Property - ADDRESS | Garages @ Shrubbery Walk West, Weston-Super-Mare, North Somerset BS23 2JE

A Freehold collection of garages comprising a rank of 7 single units and a detached double garage located at the end of a quiet cul de sac.
With up and over doors and large courtyard area to front.
Sold subject to existing tenancies.

Tenure - Freehold
Council Tax - n/a
EPC - n/a
Utilities, Rights & Restrictions - Please refer to the Legal Pack
Flood Risk - Please refer to the Legal Pack

The Opportunity - GARAGE INVESTMENT

The garages are fully let producing 6,939 PA and sold subject to existing tenancies.

POTENTIAL BUILDING PLOT

There is potential for a building plot / residential development on the plot.
We understand no scheme of this nature has been recently sought and interested parties must make their own investigations.
Subject to consents.

Schedule Of Income - Garage 1 - £65 pcm | Tenancy Commenced TBC
Garage 2 - £65 pcm | Tenancy Commenced 21.11.13
Garage 3 - £65 pcm | Tenancy Commenced TBC
Garage 4 - £65 pcm | Tenancy Commenced 30.8.2019
Garage 5 - £70 pcm | Tenancy Commenced 1.2.24
Garage 6 - £70 pcm | Tenancy Commenced 5.3.23
Garage 7 - £70 pcm | Tenancy Commenced 1.8.23
Garage 8 & 9 - £108.33 pcm | Tenancy Commenced 1.3.14

Location - Shrubbery Walk West is a quiet residential area on the upper slopes within the popular seaside town of Weston Super Mare. The Grand Pier and an array of other local amenities and services are all within walking distance. The M5 is approximately three miles away and provides direct routes to Bristol, Bridgwater and Taunton.

Property Details Disclaimer - Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.
Agent Details
Hollis Morgan
9-10, Waterloo Street, Bristol, BS8 4BT
Show Contact Number
0117 973 6565

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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