Location
Located on Barden Lane, Burnley, these garages are only a short walk away from Reedley Marina.
Measurements
Each Garage 2.5m x 3.5m
Court Yard Area -10.2m x 10.2m
Rental Income
Current rental income is £940 per month. This rent could easily be increased to £1050.00 pcm by renting each unit out at only £50.00 pcm.
The rental yield is currently at 10%, with potential to increase to 11.5%.
Services Responsibility
It is the prospective Purchasers responsibility to verify that all appliances, services and systems are in working order, and are of adequate capacity and suitable for their purpose.
Planning
It is the prospective Purchasers responsibility to verify that their intended use is acceptable to the local planning authority.
Legal Costs
Each party is to be responsible for their own legal costs incurred.
VAT
All prices quoted are exclusive of, but may be subject to VAT at the prevailing rate' are exclusive of, but may be subject to VAT at the prevailing rate.