Property for sale

Lee Warner Avenue, Fakenham NR21

Summary
An exciting and rare chance to acquire 12 garages located in the sought-after Norfolk town of Fakenham.The garages are arranged in two blocks - one comprising eight units and the other four units - and are being sold with vacant possession, offering immediate flexibility for the buyer.

Description
An exciting and rare chance to acquire 12 garages located in the sought-after Norfolk town of Fakenham.

The garages are arranged in two blocks - one comprising eight units and the other four units - and are being sold with vacant possession, offering immediate flexibility for the buyer.

This investment offers strong income potential. At a rental rate of £80 per calendar month (pcm) per garage, the projected annual income stands at £11,520. Based on the purchase price of £85,000, this equates to an impressive gross return on investment of 13.55%.

There may also be future development potential, subject to securing the necessary planning permissions - making this a versatile opportunity for both investors and developers.

For further information or to arrange a viewing, please enquire within the branch.



1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.