Garages 1-12, & Ground Rents On Flats 10-13 Southfield, Sutton Hill, Telford, Shropshire TF7 4HP

Garages 1-12, & Ground Rents On Flats 10-13 Southfield, Sutton Hill, Telford, Shropshire TF7 4HP

£47,000
Ground Rent
Withdrawn
About this Property
24 March 2021
Withdrawn
£47,000
Traditional
Ground Rent
Description

The property comprises 11 lock-up garages and the freehold ground rents on 1 garage and flats 10-13. Eight of the garages are currently leased, generating an annual income of approximately £4,170. The flats are sold on long leases, producing a combined annual rent of £40. There are 3 vacant garages that offer potential for additional income. The site is located in a residential area, accessible from Sutton Way and near local amenities.

Location
Map location for Garages 1-12, & Ground Rents On Flats 10-13 Southfield, Sutton Hill, Telford, Shropshire TF7 4HP
More Information
Freehold
Southfield
Planning Authority
Telford and Wrekin LPA
Property History
24 Feb 2021Withdrawn Lot Pugh & Company Limited£49,000

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