An unbroken block of nine freehold lock-up garages accessed from Croydon Road (A232) via a private driveway. The garages are of brick construction, with a flat roof and up and over doors with a concrete forecourt to the front. They are situated in the centre of Wallington, close to comprehensive local shopping facilities and amenities with excellent road links to Croydon, Epsom and all surrounding areas via the nearby A23 and A24.
Six of the garages are currently let on quarterly licences producing 730 per calendar month with three of the garages being offered with vacant possession.
Tenancies Garages 2, 3, 4, 7 & 9 These garages are currently let on a quarterly licence at 120 per calendar month each. Garage 5 These garages are currently let on a quarterly licence at 130 per calendar month each.
Site Measurements The site extends to 0.02 hectares (0.04 acres).
Freehold with Part Vacant Possession
Important: All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information *Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/
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