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Garages To The Rear Of, Lombard Street, Atherton, Manchester, Lancashire M46
Auction
£180,000
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Our Summary
- For sale via Modern Method of Auction
- Excellent investment opportunity
- *** FOR SALE BY MODERN METHOD OF AUCTION; STARTING BID PRICE £180,000 PLUS RESERVATION FEE
- *** An excellent investment opportunity to acquire a block of 26 garages located to the rear of Lombard Street, Atherton, M46
- The portfolio provides an established rental stream together with future scope for ongoing asset management and rental growth over time
- Offered for sale via the Modern Method of Auction with a guide price of £180,000, this is a rare opportunity to secure a sizeable garage portfolio with established income already in place within a strong residential location
- PROPERTY FEATURES AND DETAILS:26 garages for saleLocated to the rear of Lombard Street, Atherton, M46For sale via Modern Method of AuctionApproximate rental income of £19,800 per annumExcellent investment opportunityEstablished residential locationStrong ongoing demand for garage and storage rentalImmediate income-producing asset PROPERTY LOCATION:The garages are conveniently located within Atherton, less than 1 mile from Atherton town centre and within close proximity to the A577 and A579, providing easy access towards Leigh, Bolton and Wigan
- HARRISONS EXPERIENCE THE DIFFERENCEBOOK A VIEWING ONLINE / TELEPHONE / WHATSAPPFLEXIBLE VIEWING APPOINTMENTS AVAILABLEOPEN 6 DAYS A WEEKCONTACT OUR BRANCH FOR MORE DETAILS Auctioneer Comments This property is for sale by the Modern Method of Auction
- This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`)
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Description
The property is situated to the rear of Lombard Street in Atherton, M46, and consists of 26 garages. They are located in a well-established residential area, close to Atherton town centre and local transport links, such as the A577, A579, and Hag Fold train station. The garages are immediately income-producing, generating an annual rental income of approximately £19,800.
They offer a strong ongoing demand for secure storage and garage rental, with potential for future asset management and rental growth.