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Garage  For Sale £550,000

INVESTMENT/OWNER OCCUPATION

WORKING VEHICLE GARAGE

FORECOURT PARKING 6 - 8 CARS

EPC Rating A

Freehold

Ground Floor consists of:
5,633 sq. Feet / 523.29 sq. meters of vehicle repair workshop
237 sq. Feet / 22 sq. meters of reception / front office

First floor:
90 sq. Feet /8.38 sq. meters - Office space
402 sq. Feet / 37.36 sq. meters - Office Space
1,845 sq. Feet / 171.41 sq. meters - Store
2,048 sq. Feet / 190.28 sq. meters - Store
326 sq. Feet / 30.27 sq. meters - Store

Externally there is a hardstanding for 6 - 8 cars. 3 Phase Electricity. Current Rental Income £19,000 per annum since 2013. Tenant holding over.
Lease 7 years since 11th September 2013 - FRI Terms. (Full Repairing and Insuring Lease)

Identification checks:
Should a purchaser(s) have an offer accepted on a property marketed by Henderson Setterfield, prior to a sales memorandum being issued they will need to undertake an identification check.
This is required to meet our legal obligations under Anti Money Laundering Regulations (AML).

EPC for Hereson Road, Ramsgate, Kent, CT11

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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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Fees

Refundable Holding depositCapped at 1 weeks rent
Security DepositCapped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000
RentThe agreed monthly rent
Changes to tenancyCapped at £50 inc VAT
Early termination chargeNot exceeding the landlord’s financial losses
Late payment of rentInterest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue
Replacement keysReasonable costs or give the tenant the option to purchase themselves
Utilities, council tax, communication services, TV Licence etcTenants own responsibility unless otherwise stated in contract
Client Money Protection Scheme Membership detailsThe law requires your membership details
Property Redress Scheme Membership detailsThe law requires your membership details