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Garages, Broad Street, Foleshill... Garage for sale
Garages, Broad Street, Foleshill, Coventry, West Midlands CV6 5AX
£75,000
Garages, Broad Street, Foleshill, Coventry, West Midlands CV6 5AX
£75,000
Our Summary
- **IN THE ROOM AND LIVESTREAM** To be sold via Public Auction on Thursday 15th May 2025 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding
- IN ROOM AND LIVESTREAM AUCTION
- In room and livestream auction
- Tenanted investment opportunity
Description
This property is a block of 10 tenanted garages located near a local convenience store in Coventry. The garages are currently generating an annual income of £7,020, equivalent to a circa 12% yield. The properties are freehold, subject to tenancies, with the tenants paying monthly rents ranging from £50 to £70. The guide price for the property is £75,000 to £95,000, and it will be sold via public auction on May 15th, 2025. Buyers will need to pay an administration fee and buyer's premium, as well as any additional costs listed in the legal pack.