Property for sale

Trevelyan Crescent, Stratford-Upon-Avon, Warwickshire CV37

Freehold investment – block of 17 garages – circa 9.25% yield

Freehold investment – block of 17 garages – circa 9.25% yield

The garages are located on Trevelyan Crescent, in a well-established residential area of Stratford-upon-Avon close to local shops and everyday amenities, and within approximately 1 mile of Stratford town centre.

The property comprises a block of 17 single-storey lock-up garages, set within a popular and well-established residential location close to the heart of Stratford-upon-Avon. The block offers a straightforward, low-maintenance freehold investment with scope for future development.

All 17 garages are let, producing a total rental income of £21,031.20 per annum, reflecting an investment yield of 9.25%. Rents are currently split as follows: 10 units at £99.66 per month and 7 units at £108 per month.

As each garage is currently let, internal inspection can be arranged on request for buyers who are in a proceedable position. The units can be viewed externally at any reasonable time.

Estate Agents are required by law to conduct anti-money laundering checks on all those buying a property. We have partnered with a third party supplier to undertake these who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is £99 + VAT per buyer and this is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required. This fee will need to be paid and the checks completed in advance of the issuing of a memorandum of sale on the property you would like to buy.

No statement in these details is to be relied upon as representation of fact, and purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the statements contained within. These details do not constitute any part of any offer or contract. Ap Morgan and their employees and agents do not have any authority to give any warranty or representation whatsoever in respect of this property. These details and all statements herein are provided without any responsibility on the part of ap Morgan or the vendors. Equipment: Ap Morgan has not tested the equipment or central heating system mentioned in these particulars and the purchasers are advised to satisfy themselves as to the working order and condition. Measurements: Great care is taken when measuring, but measurements should not be relied upon for ordering carpets, equipment, etc. The Laws of Copyright protect this material. Ap Morgan is the Owner of the copyright. This property sheet forms part of our database and is protected by the database right and copyright laws. No unauthorised copying or distribution without permission.