Garage Sold in Walsall, WS6
Colinwood Close, Walsall
FREEHOLD Rare INVESTMENT OPPORTUNITY 9.06% return. Garages x 5 all tenanted. Total income £4080 pa. close to M6/M6 Toll & adjacent to train station in South Staffordshire village.
FREEHOLD INVESTMENT OPPORTUNITY
Situated in a South Staffordshire village midway between Birmingham & Stafford and locally between Walsall & Cannock.
Transport links close to M6 junction 11 and M6 Toll T7 and adjacent to the railway station.
Garages x 5 within a block in a courtyard
Total Income £4080 pa
Garage A = £70 pcm (£840 pa)
Garage B = £65 pcm (£780 pa)
Garage C = £70 pcm (£840 pa)
Garage D = £65 pcm (£780 pa)
Garage E = £70 pcm (£840 pa)
Tenants pay rents direct into bank by monthly STO
All garages have been painted and have security post fitted.
Storage and parking are always in high demand so this is a lucrative and sought after opportunity
This is a relatively hands off Investment as majority of tenants remain in situ for several years.
NO VAT Chargeable on Purchase