Initial price	£200,000
29/10/24	£190,000
Price Change	-5.00%

A rare opportunity to purchase two blocks of 14 lock-up garages in central Southsea, straddling a cobbled street off Albert Road. The garages are currently let, generating an annual income of £11,340, which could potentially be increased through rent reviews or new tenancies. The properties offer a low-effort investment, with 8 larger garages on one side and 6 on the other. The auction will take place on December 11th, 2024, at the Silverlake Stadium in Eastleigh, starting at 11am. Potential buyers should note that additional fees will apply, including a buyer's admin fee of £600 inc VAT and any disbursements listed in the legal pack.