Greenclose Road, Ilfracombe, Devon, EX34 Plot for sale

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Greenclose Road, Ilfracombe, Devon, EX34 Plot for sale

Greenclose Road, Ilfracombe, Devon, EX34
£90,000

Price History

Initial price £110,000
18/04/24 POA
22/05/24 £100,000
07/11/24 £90,000
Price Change -18.18%

Description

This rare opportunity presents a block of 6 single garages situated in a central and convenient location, just a stone's throw from the high street, at the end of a no-through road. The 141.93m2 site is currently occupied by 6 garages, each let to a different tenant with monthly rents ranging from £50 to £70, generating a total annual income of £4,320. The garages are suitable for parking and storage, and there is potential for residential development of the site, with a previous pre-application enquiry submitted to the Local Authority. The garages are located in a predominantly residential area where parking can be difficult, making them a valuable asset for the immediate neighbors. The property is being sold with the tenants in situ, and all necessary documents, including tenancy agreements, are available upon request.