Initial price	£150,000
04/06/25	£125,000
Price Change	-16.67%

A block of six vacant freehold lock-up garages is being sold by public auction, unless sold previously, with a guide price of £100,000-£125,000. The garages, situated in the heart of Southsea Town Centre, are well-located near the seafront and shopping centre, making them convenient for residents. The property, dating back to around 1960, consists of brick and block construction with up-and-over doors under a pitched roof. The garages are expected to appeal to both investors and private buyers, with the potential for a rental return of £125-£150 per unit per month, or £9,000-£10,800 per annum in total.