For SaleHouse in Tessall Lane, Northfield, B31 5EN£132,500

An excellent opportunity to acquire 12 lock-up garages with forecourts in a secure gated compound & including a surfaced driveway from road. Located in a residential area opposite a new build Bloor Homes project of 353 new homes and with another new build development of 27 Houses by builders Seven homes at the rear. With such an investment in housing in the area being made this is creating a demand for more garages and storage. Easy access to M5 motorway less than 10 minutes and walking distance from Longbridge shopping centre and railway station. Offering 12 brick built garages aprox 2.5m x 4.6m with concrete bases metal roofs and doors which are all let and producing an income. Currently let with a guaranteed income from a letting agency but can be let privately by the new owner if required at a rate £80pcm per garage with a total yearly income of £11,520 however there is potential of increasing to £12,960