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Barnard Gardens, New Malden, KT3 6QG

Offers in excess of £300,000

Development / Garage / Investment

Development, Investment, Other
  • 26 LOCK UP GARAGES SPREAD OVER 2 PLOTS
  • OFFERS IN EXCESS OF £300,000
FREEHOLD GARAGE INVESTMENT

The property comprises two separate parcels of land with a total
of 26 garages. 14 of the garages have been sold off by way of a
long leasehold as shown in Schedule A. The leases for garages
11 and 4 include part of the “apron” or forecourt in front of the
garage, with rights of way granted to the Freeholder, and therefore
the users of the other garages.

3 of the garages are rented by way of a Licence agreement and 9
remain vacant as shown in Schedule B.

GUIDE PRICE:

Offers in excess of £300,000

The property comprises the Freehold land edged red on the Title Plan subject to 14 Long Leaseholds, details of which are contained in Schedule A.

TOTAL RENT INCOME:

Total Annual Ground Rents: £52

Total Annual Rent: £3,600

Location

The two blocks of garages are located in Barnard Gardens a residential road which links directly to Shannon Corner and the A3 Kingston Bypass in New Malden, Surrey. Motspur Park train station is under half a mile with a direct service to London Waterloo.

Particulars

Contact an agent

Sharon Bastion
Sharon Bastion AssocRICS

Senior Agency Surveyor

sharon@snellers.com
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