Parking/garage for sale in Alma Place, North Shields NE29
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Property features
- Block of garages
- Gated yard
- 5 Individual units
- Central Location
- Suitable as an investment
Property description
Located within a rear lane behind Alma Place in North Shields, Tyne & Wear, an established residential location made up of mainly terraced housing on the outskirts of North Shields Town Centre.
Offered for sale are three single garages, one larger single garage and one treble garage, a yard and double gated entrance constructed with a flat roof, brick main walls and solid floors. Access to the garages is provided by up and over garage doors.
Location
The subject property is located within a rear lane behind Alma Place in North Shields, Tyne & Wear. Access to the property is gained via Preston Road opposite Christ Church adjacent to the Keel Row Bookshop and also via Grosvenor Place. This is an established residential location made up of mainly terraced housing on the outskirts of North Shields Town Centre. As such the area is provided with access to a reasonable level of local services and facilities.
Description
The property comprise three single garages, one larger single garage and one treble garage, a yard and double gated entrance. The properties are constructed with a flat roof, brick main walls and solid floors.
Site Area
The site area totals 198sqm (2131sqft).
Accommodation
We were unable to carry out a full inspection of the garages. We estimate the three single garages to be approximately 5.5m x 2.4m, the larger double garage to be approximately 7.7m x 5m and a treble garage.
Occupation
We understand that all the garages are let, the rental income is as follows:
Unit 1 £120pcm
Unit 2 £80pcm
Unit 3 £60pcm
Unit 4 £60pcm
Unit 5 £60pcm
Services
Electricity is supplied to the treble unit only.
Planning
We understand that the premises have planning permission for their existing use as domestic garages.
Rating Liability
We were unable to establish a rateable value. Interested parties should contact the Valuation Office Agency (voa).
Price
Our client is seeking £79,950 for the freehold interest.
Vat
All prices quoted are exclusive of VAT at the prevailing rate.
Money Laundering
In accordance with the Anti-Money Laundering Regulations the Purchaser will be required to provide two forms of identification and proof of the source of income.
Costs Or Legal Costs
Each party will be responsible for their costs in the transaction.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
R A Jackson & Son, NE30 on +44 191 686 9490 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by R A Jackson & Son, and do not constitute property particulars. Please contact R A Jackson & Son for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.