4 x Garages north of, 1 Holyrood Avenue, Highfield, Southampton, Hampshire SO17 1SH

> Block Of 4 Single Garages
> Part Let At £2,000 Per Annum
> Prime Residential/Investment Location

Guide Price: £45,000 Plus

Description:

Location

This purpose built block of 4 single lock up garages is located in Highfield, one of Southampton’s sought after residential areas. The garages would suit local residents looking for garage/storage space or investors looking for an income from the rents payable.

Description

4 x garages in a block with felted flat roofs and single up & over doors. There is also a small forecourt area in front of each garage and a drop kerb.

Tenancy Details

2 of the garages have each been let to local residents on a long standing basis at £250 per quarter (£1,000 PA). There are no tenancy agreements and buyers are advised to satisfy any enquiries regarding the status of the tenancies prior to bidding.

Tenure

Freehold

Important Notice

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price. Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at. When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.