Parking for sale

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Parking for sale

Garages and Land Beaumont Close Torquay
£12,000

Price History

Initial price £15,000
02/08/24 £12,000
Price Change -20.00%

Description

This property consists of 20 freehold garages, sold off on long leases, generating a combined annual income of £50. The garages are situated on a residential cul-de-sac near local shops and amenities, with Victoria Park and Torre rail station nearby. Each garage has a 199-year lease from 1964, with a ground rent of £2.50 per garage. There is potential to build additional garage or storage space, subject to planning permission. The property is being sold without internal viewings.