Garages & Land Rear Of Lealholm Crescent, Middlesbrough, North Yorkshire, TS3 0NA
The garages and lane are to the rear of an established parade of shops on Lealholm Crescent which is off Ladgate Lane in the Ormsby area of Middlesbrough within a well established residential location. The premises are located in close proximity to the A174 and A19 with the centre of Middlesbrough approximately 4 miles away.
15 garages (within a block of 16) plus land to the front within an enclosed yard. 1 of the garages is currently let and 14 are vacant. The current gross annual income is £600 with potential to increase once the remaining garages are fully let. Previously the garages have enjoyed a high occupancy rate from local traders and residents, gross annual income when fully has been £9,000.
15 garages in a row of 16, some of the garages have secure key lock shutter doors, flat roof and brick main walls. The garages provide adequate accommodation for one vehicle and storage. The yard is secured with steel security gates.
1 Garage is currently let at a rental of £50.00 pcm.
A gross annual income of £9,000 is possible when fully let.
Garage O is let on a license agreement from 24th August 2015 but no rental amount has been stated on the agreement. We are informed by our vendor that the rental amount is £600 per annum. Buyer's are advised to satisfy themselves in this regard.
TS3 0NA Open in Google Maps
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