Garage at 38 Riccarton, East Kilbride, Glasgow, Lanarkshire, G75 9BY

  • Unconditional Online Auction Sale
  • Guide Price* : £6,000

FOR SALE BY ONLINE AUCTION WEDNESDAY 29th JANUARY 2025 AT 9.00AM. Self contained garage premises in residential area of East Kilbride. Estimated rental value in region of £1,500 per annum, providing a yield of 23.1% at Guide Price; excellent storage or investment opportunity.

Description

FOR SALE BY ONLINE AUCTION WEDNESDAY 29TH JANUARY 2025 AT 9.00AM. Self contained garage premises in residential area of East Kilbride. Estimated rental value in region of £1,500 per annum, providing a yield of 23.1% at Guide Price; excellent storage or investment opportunity.

• Seldom available, purpose built, self contained garage premises in residential area - located within a large complex of flats and houses. The garage measures roughly 4.8m by 2.4m.

• Ideal for owner occupiers in the local vicinity. Excellent storage or investment opportunity.

• Estimated rental value: £1,500 per annum/Estimated 23.1% Yield at Guide Price.

• Ideal for investors seeking a high yielding investment opportunity. Perfect for owner occupiers looking for affordable car parking & storage.

• This is a rarely available opportunity to acquire a HIGH YIELDING INVESTMENT with a large catchment population of possible occupiers. This property is likely to attract substantial interest from homeowners and investors alike looking for a unique and rarely available opportunity.

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All prices quoted are exclusive of VAT.

Key Feature 1

Self Contained Garage Premises in Residential Area

Key Feature 2

Estimated Potential Rental of £1,500 per annum - Yield of 23.1% at Guide Price

Key Feature 3

Ideal for Owner Occupier or as High Yielding Investment

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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