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Lot 53

 Portfolio of 13 Garages, Arran Court, Prestwick, KA9 2AQ

Guide Price: £75,000

Vacant Freehold Land Offer Now Available


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Key Features:

Investment / Development Opportunity to buy a parade of purpose built lock up garages in SOUGHT AFTER PRESTWICK Let at low rents on short monthly lease Rental potential £80 PCM per garage £960 p.a


  • Located within the Highly desirable PRESTWICK district of Ayrshire these garages offer a rare & potentially high yielding opportunity. Possible rental income of £12,480 (only £80 per month per garage)
  • Benefit Vacant possession can be quickly obtained if required by giving tenants notice. The garages have a break up value of £156,000 ( £12k per garage) if sold individually so potential to buy/split
  • ---Power of Attorney Sale Instruction---Heavily discounted price to ensure sale *UPMARKET HIGHLY SOUGHT AFTER PRESTWICK. Prestwick is a town in South Ayrshire on the west coast of Ayrshire in Scotland
  • Excellent Storage or Investment property let at low rents for over 10 years £30 PCM. The property is located off Ayr Road and has good transport links nearby with easy access into Prestwick Main St


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.


Full Details:

Investment / Development Opportunity to buy a parade of purpose built lock up garages in SOUGHT AFTER PRESTWICK Let at low rents on short monthly lease Rental potential £80 PCM per garage £960 p.a = £12,480 per annum***HUGE BREAK UP POTENTIAL*** Seldom on to the market ***100% PRIME AND RARE PROPERTY*** Power of Attorney Sale Instruction***High demand let all year round. Located within the Highly desirable PRESTWICK district of Ayrshire these garages offer a rare & potentially high yielding opportunity. Possible rental income of £12,480 (only £80 per month per garage)*** Excellent Annual Rental Return at Guide Price. All currently let at low monthly rents same over 10 years. Benefit Vacant possession can be quickly obtained if required by giving tenants notice. The garages have a break up value of £156,000 ( £12k per garage) if sold individually so potential to buy and split and sell them. ***High Demand for rarely available garages in this area*** Ideal for owner occupiers in the locale vicinity or possible development potential subject consents.*** Excellent Storage or Investment property let at low rents for over 10 years only circa £30 PCM super scope to increase. The property is located off Ayr Road and has good transport links nearby with easy access into Prestwick Main Street, Ayr Town Centre, Glasgow and beyond.

Guide Price: £75,000 - Offer Now


What is a Guide Price...

Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.

Offer Now Explained...

You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Map & Location:


---Power of Attorney Sale Instruction---Heavily discounted price to ensure sale *UPMARKET HIGHLY SOUGHT AFTER PRESTWICK. Prestwick is a town in South Ayrshire on the west coast of Ayrshire in Scotland about 30 miles south-west of Glasgow. It adjoins the larger town of Ayr to the south on the Firth of Clyde coast, the centre of which is about 2 miles south.

Viewings:


Internal Open Viewings...


This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime...


You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.

Auction Details:



  • Auction Date...

    04 February 2020


  • Start Time...

    7.00pm


  • Auction Location...

  • Glasgow Radisson

  • 301 Argyle Street, G2 8DL


View Map & Directions to the GLASGOW RADISSON >>


Registration...

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs...

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits...

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method...

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.

How To Bid:


Offer Now...

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person...

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live...

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy... (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form