Garage for sale

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Garage for sale

12 Lock-up Garages at Cyna Court, Cambridge Road, Wanstead, E11 2PW
£250,000

Our Summary

  • LOT 202 **FOR SALE BY ONLINE AUCTION** on 17th September 2025 By Order of The Trustee Twelve Freehold Garages Situated off Cambridge Road, close to local shopping/travelling facilities including Wanstead and Leytonstone Tube Stations (Central Lines)
  • Twelve Freehold Lock-up Garages let as follows: Garage 1 at £140 per calendar month Garage 7 at £140 per calendar month Garage 8 at £120 per calendar month Garage 9 at £225 per calendar month Garage 11 at £140 per calendar month Garage 13 at £140 per calendar month Garage 14 at £140 per calendar month Garage 16 at £120 per calendar month Garage 18 at £120 per calendar month Garage 19 Vacant Possession Garage 22 at £120 per calendar month Garage 23 at £120 per calendar month Producing £18,300 per annum Note: Garage 19 may be rented prior to the auction date and if so the details of our particulars will be amended accordingly
  • They are not necessarily figures which a property will sell for and may change at any time prior to the auction
  • Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide
  • Guide prices will be continually updated on our website up until the day of the auction

Description

A property consisting of 12 freehold garages is being sold by online auction on September 17th, 2025. The garages are located off Cambridge Road, close to local shopping and transportation facilities, including Wanstead and Leytonstone Tube Stations. The garages are currently let, with rents ranging from £120 to £225 per month, producing a total annual income of £18,300. Garage 19 is currently vacant and may be rented prior to the auction. The property is being sold by the trustee, and the guide price is not disclosed. A buyer's fee of £1,200 incl. VAT will be payable to McHugh & Co for lots sold over £10,000, or £300 incl. VAT for lots sold for less than £10,000. Additional fees may be charged by the seller upon completion, as detailed in the special conditions of sale.