Property photos
Freehold
Guide price
£100,000
Land for sale
Greenclose Road, Ilfracombe, Devon EX34Key Information
Tenure:
Freehold
Council tax band:
A band has not yet been confirmed.
Local area information
Property location
Nearby amenities
- Ilfracombe Infant and Nursery School 0.2 miles
- Ilfracombe Church of England Junior School 0.2 miles
- Ilfracombe Ferry Landing 0.6 miles
- Barnstaple 9.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Freehold block of 6 garages
- Central town location close to the high street
- All garages currently tenanted with total income of £4,320 per annum
- Ideal for parking and storage
- Potential residential development subject to any necessary consent
- Rare opportunity
A rare opportunity to purchase a block of 6 single garages situated in a central and convenient location in the centre of the town, literally a stone's throw from the high street, and at the end of a no-through road. The site occupies an area of approximately 141.93m2 (0.035 acres) and is situated at the very end of Greenclose Road. In front of the garages is a hardstanding which provides further off-road parking spaces.
At present, all 6 of the garages are let to different tenants with monthly rents of between £50 - £70. In total, £360 per month is collected thus equating to £4,320 per annum. All garages are let on a basic tenancy agreement, details of which are available upon request. The garages are to be sold with the tenants insitu.
The garages are located in a predominantly residential area of the town where parking can be difficult. The garages also back onto the High Street so owning the block would be a particularly valuable asset for any of the immediate neighbours. Clearly, the garages are suitable for parking and storage.
There is some potential for residential development of the site if desired. The current owners have previously submitted a pre-application enquiry to the Local Authority and a copy of their response is also available upon request.<br/>Applicants are advised to proceed from our offices on foot in a westerly direction taking the pedestrian lane into Greenclose Road immediately to the left of The Lantern Community Centre. Proceed down Greenclose Road for 20 metres where the garage block will be found on the left hand side.
By car: Proceed from our offices in an easterly direction taking the first left in to Northfield Road. Continue to the bottom of Northfield Road and at the traffic lights turn left on to Wilder Road. Continue along Wilder Road taking the second left hand turn in to Greenclose Road immediately opposite Lidl Supermarket. Continue to the top of the road where the garages will be found on the right hand side.
At present, all 6 of the garages are let to different tenants with monthly rents of between £50 - £70. In total, £360 per month is collected thus equating to £4,320 per annum. All garages are let on a basic tenancy agreement, details of which are available upon request. The garages are to be sold with the tenants insitu.
The garages are located in a predominantly residential area of the town where parking can be difficult. The garages also back onto the High Street so owning the block would be a particularly valuable asset for any of the immediate neighbours. Clearly, the garages are suitable for parking and storage.
There is some potential for residential development of the site if desired. The current owners have previously submitted a pre-application enquiry to the Local Authority and a copy of their response is also available upon request.<br/>Applicants are advised to proceed from our offices on foot in a westerly direction taking the pedestrian lane into Greenclose Road immediately to the left of The Lantern Community Centre. Proceed down Greenclose Road for 20 metres where the garage block will be found on the left hand side.
By car: Proceed from our offices in an easterly direction taking the first left in to Northfield Road. Continue to the bottom of Northfield Road and at the traffic lights turn left on to Wilder Road. Continue along Wilder Road taking the second left hand turn in to Greenclose Road immediately opposite Lidl Supermarket. Continue to the top of the road where the garages will be found on the right hand side.
Floor plans and tours
Floor plans
No floor plan available
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Webbers Property Services
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Webbers Property Services. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Webbers Property Services for full details and further information.