Garages 1-6 Ashburton Road, Southsea PO5 3JU

TO BE SOLD BY PUBLIC AUCTION (at a date to be confirmed) UNLESS SOLD PREVIOUSLY.
GUIDE PRICE:  £100,000-£150,000.
We invite IMMEDIATE CASH OFFERS (on strict Auction terms) from investors and private individuals for this rare opportunity: a block of SIX VACANT FREEHOLD LOCK-UP GARAGES well-situated in the heart of SOUTHSEA TOWN CENTRE. Ashburton Road runs from Kent Road to Osborne Road, "Ashburton Court" occupying a prominent corner position at the junction with the former. Part of an historic and sought-after Conservation Area (Owen's Southsea), this very convenient residential address is a level walk of minutes only from both The Seafront and Southsea Shopping Centre (Palmerston Road Precinct), placing a wide range of public amenities within comfortable reach. Dating from around 1960, the garages stand at the rear of a small, purpose-built residential development of nine apartments. Each is of brick and block construction with up-and-over door under a pitched roof. This Lot will appeal to both investors and private buyers, the former with the prospect of a rental return of around £125-£150 p.c.m.  per unit (£9,000-£10,800 p.a.  in total).

SAMPLE MEASUREMENTS

GARAGE 1 - 4.93m x 2.29m (16'2" x 7'6")

GARAGE 5 - 4.93m x 2.29m (16'2" x 7'6")

DRIVEWAY WIDTH - 2.44m x 0m (8'0" x 0'0") approx.

VIEWING

ADDITIONAL AUCTION COSTS