£75,000

garages for sale

Victoria Road, Lowestoft
studio Flat studio Flat
property_incontent_1

Property description

Paul Hubbard Commercial is pleased to present an exceptional commercial opportunity within Nelson's Wharf in Oulton Broad. This offering comprises a set of five garages, currently leased for long-term storage purposes, each generating a robust monthly income of £50 PCM. Positioned in a tranquil industrial area, these garages are strategically located for maximum appeal to investors seeking a lucrative venture in the commercial real estate market.

Summary - Paul Hubbard Commercial is pleased to present an exceptional commercial opportunity within Nelson's Wharf in Oulton Broad. This offering comprises a set of five garages, currently leased for long-term storage purposes, each generating a robust monthly income of £50 with scope to increase. Positioned in a tranquil industrial area, these garages are strategically located for maximum appeal to investors seeking a lucrative venture in the commercial real estate market.

Nestled within the serene surroundings of Nelson's Wharf, the property consists of five spacious garages that are presently under long-term lease agreements for storage purposes. These garages, meticulously maintained and situated in a quiet industrial locale, offer an attractive prospect for investors looking to diversify their portfolios.

The garages are currently generating a steady monthly income of £50 each, resulting in a substantial total of £250 per month. This financial stability, combined with the long-term nature of the existing leases, underscores the potential for a reliable and consistent return on investment for discerning investors.

Positioned in a peaceful industrial area, the garages benefit from an advantageous location, providing a secure and quiet environment. This strategic positioning enhances the property's appeal, making it an ideal choice for businesses or individuals seeking secure storage solutions.

This rare opportunity not only caters to investors interested in maintaining the current long-term storage leases but also opens avenues for those keen on exploring continued commercial leasing. The flexibility in potential usage makes this commercial property a versatile and attractive investment.

Investors with an inclination towards private storage options will find this opportunity particularly enticing. The property's strong financial performance, coupled with its strategic location, positions it as a viable and potentially lucrative investment in the commercial real estate market.

For those considering entry into the commercial real estate market or seeking private storage options, this opportunity beckons as a rare and advantageous prospect. Interested parties are encouraged to reach out to Paul Hubbard Commercial for further details.
Read more
property_header

Property photos

property_incontent_2

Interested in this property?

Check Your Credit Report & Score

Council tax

Ask agent

First listed

Over a month ago

Victoria Road, Lowestoft

Marketed by

Paul Hubbard Estate Agents - Lowestoft 178-180 London Road South Lowestoft, Suffolk NR33 0BB
Call agent on 01502 392944
Contact agent

Placebuzz mortgage repayment calculator

Property price£
Deposit£
Interest rate%
Repayment period
Monthly repayment

The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

View all property for sale in Lowestoft

Victoria Road, Lowestoft - Streetview

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Paul Hubbard Estate Agents - Lowestoft. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Paul Hubbard Estate Agents - Lowestoft for full details and further information.
property_vrec_1