Parking/garage for sale

36 Garages At Ripon Drive, Glasgow, Glasgow City G12

Investment / Development Opportunity to buy a full parade of 36 purpose built lock up garages in Glasgow's Highly Sought after west end***huge break up potential of £20,000 per garage*** Seldom brought to the market**14 of the units are currently let out***

Located within the heart of the Exclusive Kelvindale district of Glasgow's West End*** Easily Accessible & secure location*** Various uses including storage & private parking*** Potential yield of 17.1% annual Return (based on guide price)***

High density Kelvindale district of Glasgow, these garages offer a rare & potentially Lucrative high yielding opportunity. Possible total rental income of £60,000 per annum***Post Refurbishment***

The garages have an estimated massive total break-up value of £720k (£20k per garage if sold individually) ***High Demand for rarely available garages in this area*** Ideal for owner occupiers in the locale vicinity***

Easily Accessible & secure location*** Excellent Storage or Investment potential***First Time on the open market in over 30 years*** Heavily discounted price to ensure sale ***Interest should be noted to auctioneers***

***first time on the open market in 30 years*** A rare opportunity to purchase an unbroken Parade of Lock Up Garages in the heart of the leafy district of Kelvindale in Glasgow's highly sought after West End***huge break up potential*** Seldom brought to the market** ***High Density Location *** Currently fully let at a low rent*** asset management opportunity***This is a unique and rarely seen in opportunity in Glasgow*** Individually Broken up, this Fabulous Parade of Garages has an estimated value of £720,000 (£20,000 per garage)*** Once in a lifetime opportunity** ***High Density Location ***The total expected rental value equates to an annual combined income of £60000***Estimated 17.1%+ Rental Return at Guide Price***The property is in a fantastic secure location close to Anniesland Cross and train station in a high density area with a shortage of private parking spaces and storage facilities. The local area plays host to a number of social & recreational amenities including the shopping district of Byres Road, the entertainment hub of Ashton Lane & The World Renowned Botanic Gardens off Queen Margaret Drive.***This is a rarely available opportunity To acquire within a Premier district in Glasgow's Highly Desirable West End***This is a unique opportunity seldom seen for sale in Glasgow. We expect substantial interest from professional investors & developers. Buyers with vision will be able to see the incredible potential of the subjects."

guide price: £350,000

To view legal documents for all properties, and to register for our online auctions please visit our website.

Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.

Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.