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

£49,000
Ground Rent
Withdrawn
About this Property
24 February 2021
Withdrawn
£49,000
Traditional
Ground Rent
Description

The property is a freehold investment site comprising 11 lock-up garages and ground rents on 1 garage and 3 flats. Eight of the garages are currently rented, generating an annual income of approximately £4,170.60, while the ground rents from the flats yield an additional £40 per year. There are 3 vacant garages available for potential rental income. The site is located in a residential area, accessible off Sutton Way, with local amenities nearby. Telford Town Centre is situated 5 miles to the north.

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 Mar 2021Withdrawn Lot Pugh & Company Limited£47,000

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