34 Lock up Garages at Beasley Grove, Birmingham B43 7HG

Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A

Key Features: • Freehold Garage Investment • Comprising 34 lock-up garages arranged over 4 blocks • 11 let, 22 vacant (1 sold off on a long lease) • Further income potential • Asset management opportunity • VAT is not applicable • Currently producing £14,820 p.a. (7.4% GIY on Guide Price plus 22 vacant garages)

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 33 Margaret Street London W1G 0JD

Full Description: StrapLineAuction Sale - 22/07/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteFreehold Garage investment comprising 34 lock-up garages arranged over 4 blocks. 11 are currently tenanted with further income potential by renting the vacant garages (1 sold off on a long lease) Part let £14,820 pa. (7.4% GIY plus 22 vacant garages)Description33 lock-up garages at the Beasley Grove development and arranged over 4 blocks.Block 1 - 4 x garages Block 2 - 4 x garages (1 sold off)Block 3 - 6 x garagesBlock 4 - 20 x garagesTotal - 34 garagesThe average size per garage is 155 sq ft.One of the garages has been sold off on a long lease and are not included in the sale (Garage 23).LocationBeasley Grove Development is situated in a residential area approximately 4.5 miles north west of Birmingham city centre.TransportRoad - Close to Junction 7 of the M6 & the A34TenancyPlease see the below schedule of tenanciesAccommodationBlock 1 - 4 x garages - 57.60 sq m (620 sq ft)Block 2 - 4 x garages (1 sold off) - 57.60 sq m (620 sq ft)Block 3 - 6 x garages - 86.40 sq m (930 sq ft)Block 4 - 20 x garages - 288.00 sq m (3,100 sq ft)Total - 34 garages - 489.60 sq m (5,270 sq ft)