Property Details
Pugh Auctions
Lot 065
Lot 065
Auction: September 2018

Garage Site, Snape Street, Darwen, Lancashire, BB3 1EN

Property Details
Location

The property is located in an established residential area off Snape Street which is accessed from Blackburn Road (A666) and is in close proximity to Blackburn town centre.

Description

To be offered by auction. Gated / compound enclosed garage site which comprises 39 individual garages, 36 of which are rented and 3 which are vacant, current rent reserved is approximately £19,440 per annum and when fully let approximately £21,060 per annum. The whole site measures approximately 0.17 hectares (0.42 acres)

Accommodation

39 individual single garages within a walled and gated compound.

Approx Site Area

Approximately 0.17 hectares (0.42 acres)

Tenure

Freehold.

Planning

The site is considered suitable for residential redevelopment subject to gaining the necessary consents. Interested parties should consult direct with the Local Planning Office, Blackburn with Darwen Borough Council, Town Hall, Blackburn, Lancashire, BB1 7DY. Tel: 01254 585960 or email: [email protected]

Tenancy

36 of the garages are rented at average rents of £45 per month per garage which gives a current rent reserved of £19,440 per annum and when fully rented an approximate gross annual rent of £21,060 per annum.

General

The property is held by way of 999 year lease from 1st November 1877 at nil rent per annum.

Addendum

The site has a total of 39 garages and 36 of them are rented at average rents of £45 per month per garage which gives a current rent reserved of £19,440 per annum and when fully rented an approximate gross annual rent of £21,060 per annum. The revised site area is: 0.17 hectares (0.42 acres)

Property Location Address:
Garage Site,
Snape Street,
Darwen,
Lancashire,
BB3 1EN
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Auction Details
Auction: September 2018 Date: 6th September 2018 Lot Number: 065 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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