An Exciting Investment & Development Opportunity.
Binks & Brown are delighted to bring to market this unique and versatile site, currently comprising 22 existing garages producing a regular rental income, and offering exceptional potential for future development - subject to obtaining the necessary consents.
Key Features:
22 Garages Let to Tenants
Immediate income generation
Scope to increase rental yields with management or refurbishment
Site Area: Approximately 0.24 Acres (0.10 Hectares)
Highly Sought-After Location
Well-connected with nearby transport links
Residential surroundings offering strong demand for housing
Potential for Residential Development, subject to planning permission
Could suit multiple dwellings, mews-style homes, or a small apartment scheme
Planning & Development Potential:
While the site currently operates as an income-generating garage compound, its size, setting, and configuration make it an attractive prospect for redevelopment. Interested parties are advised to make their own enquiries with the local planning authority regarding development potential.
Tenure:
Freehold with existing tenancies in place.
To Arrange a Viewing or Request Further Details contact Binks & Brown to discuss the opportunity in confidence.
For further information on this property please call 01375 531622 or e-mail [email protected]
