Latest Auction Catalogue - Dec 16

LOT 10 ........ ........

8 Garages to the rear of 8 - 10 Vicarage Close, Potter Heigham, Great Yarmouth, Norfolk NR29 5LE Guide Price £25,000 - £35,000*

INVESTMENT OPPORTUNITY General: Eight garages in two blocks of four, of brick construction under an asbestos sheeted roof. Three garages are let to Victory Housing tenants under licence, each paying £8.15 per week (£24.45 per week in total), equating to £1,271.4 per annum and one garage is let to a private individual under licence at £11.91 plus VAT per week (£14.20 per week), equating to £743.08 per annum, subject to final confirmation. The remaining four garages are vacant. Please Note: Keys to the vacant garages may not be available upon completion and the successful bidder is likely to have to bear the costs of any replacement locks. Wayleaves, Easements and Rights of Way: The garages are sold subject to and with the benefit of all existing rights including rights of way whether public or private light support drainage water and electricity supplies and other rights easements quasi- easements and all wayleaves whether referred to or not in these particulars. Location: Potter Heigham is a popular Broadland village which has a wide range of shopping facilities and lies just off the A149 approximately 10 miles from Wroxham, 5 miles from Stalham and 10 miles from Caister on Sea. Directions: Head away from Potter Heigham towards Great Yarmouth and continue for approximately 5 miles. Turn left into Station Road and at the junction turn left again into School Road. Turn first left into Vicarage Close and the garages will be found on the right hand side down the second opening. Agent's Note: The buyer will be required to sign in the auction room a Declaration of Interest Form in respect of any connection they may have with the Victory Housing Trust.

Viewing: External viewings only during daylight hours.

Solicitors: Hansells (Attn Mr Bryan Gillery), 13 The Close, Norwich, NR1 4DS. Tel 01603 615731

*Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures at which a property will sell and may change at any time prior to the auction. Each property will be offered subject to a reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which will be set within the quoted guide range or no more than 10% above a single figure guide.

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