Garages
The property comprises a single storey building with yard accessed via a private driveway currently let on a rolling month by month basis with gross annual income of £7,200 per annum. We are advised the building has been in place since circa 1929.
The lockup is accessed between number 24 and 26 Salisbury Road and measures approx. 8.5 metres x 5 metres and also benefits from a parking area measuring approx. 8 metres x 7 metres.
There is also the benefit of mains water, electricity, drainage, a W.C and an inspection pit which helps to give it versatility as the workshop, however could be used for a number of different things including a restoration centre, car repairs or storage. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding. Very low maintenance property.
The building holds approx. 2/3 cars and the parking area can fit an additional 2/3 cars and also has side gated pedestrian access to the back of the unit. We feel this would pose a very low maintenance unit.
The building is located conveniently for the town centre and train station offering high speed links direct to London. It is also well placed for motorway links including the A2/M25.
Please note all measurements have been supplied by the seller and have not been verified. We advise interested parties to inspect the legal pack for more information.
We have also been advised by the seller that property comes equipped with professionally installed CCTV and alarm system.
May be suitable for alternative uses, subject to obtaining the necessary consents. Prospective buyers must make all necessary independent enquiries in this respect for their specific, intended use prior to placing their bid, as this will be binding.
The vendor has advised that the present tenant has been in situ for 2.5 years and is looking to stay for the long term. They have also advised there is no shortage of potential tenants, as these units are very rare in the M25 corridor, as most have been developed into residential use. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Freehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Deposit and Fees
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
