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Lot 34 - Garages at Chase Bank Court, Avenue Road, Southgate, N14 4DY

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FREEHOLD LOCK-UP GARAGES

Guide price: £100,000 - £120,000 *

Auction Date

Monday, 27th March 2017 11:00am

Location & Description

A backland site of ten lock-up garages within a single terrace approached via a driveway off Avenue Road, close to its junction with Linden Way.
Within a predominantly residential area approximately one mile north of Southgate town centre and underground station.

Nine of the garages are let on monthly Agreements at rents ranging from
£30 - £32.50 pcm. The remaining garage is VACANT.

EQUIVALENT TO £3,324 p.a. WITH 1 VACANT GARAGE

Result

Sold for £200,000

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.