Garage for sale

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Garage for sale

Elm Grove Road, Salisbury, Wiltshire, SP1
£10,000

Our Summary

  • ** For Sale By Online Auction** Pre Auction Offers Considered** Cash Buyers Only** Guide Price - £10,000 - £15,000** A well located single lock-up garage within secure setting on the edge of Salisbury city centre
  • The garage would make a useful storage provision or an investment opportunity
  • Additional Information - Leasehold commenced on 1 August 1984 for 80 years Insurance premium £35 per annum in 2024 Ground rent £15 per annum Traditional Terms & Conditions - This property is for sale via Online Auction
  • This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform
  • The auction will run for 3 hours on a set date and time chosen by the vendor of the property
  • The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount
  • Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3
  • The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives
  • Properties may be sold prior to public auction if an offer is accepted by the vendors
  • **Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction
  • **Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold

Description

This single lock-up garage is located in a secure setting on the edge of Salisbury city centre, offering a great storage provision or letting opportunity. The property measures 4.87 x 2.50 meters and has some storage shelving and boarding to the floor. It features a lockable garage door and is situated within a block in Elm Close off Elm Grove Road. The garage is leasehold, with a 80-year lease commenced on August 1, 1984, and an annual insurance premium of £35 and ground rent of £15. The property is being sold via online auction, with a guide price of £10,000 to £15,000. Cash buyers only are considered, and pre-auction offers are welcome.
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