Description

  • 25 Lock-Up Garages & Store Located to the Rear of a Residential Block
  • All Let Producing £15,600 Per Annum
  • Sought After Central Location

Solicitors

George Ide Solicitors, 52 North Street, Chichester, PO19 1NQ Tel: 01243 786668 FAO: Lynsey Sizmur-Hall

Accommodation

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TENURE
Leasehold, subject to existing tenancies
OUTGOINGS
All LEASES: Each garage is held on an individual lease commencing on the 29th September 1972 for a period of 99 years with each garage contributing £5 per annum ground rent, a maintenance contribution of 3.23% with a service charge payment of £10 per annum.

Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.