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Garage for sale
8 Garages, Chaplaincy Gardens, Hornchurch, Havering, RM11 3SH
£90,000
8 Garages, Chaplaincy Gardens, Hornchurch, Havering, RM11 3SH
£90,000
Our Summary
- FOR SALE BY PUBLIC AUCTION - Thursday 8th May 2025 3 garages are let at £130 pm / £1560 pa, 5 are vacant
- Garage 1: Vacant Garage 7: Vacant Garage 11: Vacant Garge 14: Vacant Garage 18: Let £130 pcm Garage 20: Let £130 pcm Garage 27: Let £130 pcm Garage 29: Vacant ERV: £12,480 Freehold For more information, legal documents and a guide to the auction process visit our website and download the online auction catalogue
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- The reserve is a figure below which the auctioneer cannot sell the property during the auction
Description
This property, to be sold by public auction on May 8th, 2025, consists of a brick construction with 8 garages, 3 of which are currently let for £130 per month, generating £3,960 per annum. The remaining 5 garages are vacant, offering potential for rental income. The property has a guide price of £12,480 and is being sold freehold. The auction will be conducted with a reserve price, which is a minimum figure below which the property cannot be sold. The reserve will be within the guide price range or no more than 10% above a single figure guide. For more information, interested parties can visit the website and download the online auction catalogue.