Investment opportunity with 15 garages and income

Land and Garages lying to the South East of Eastbrook Avenue, Radcliffe. An excellent opportunity to acquire a hands-off investment comprising 15 individual garages, situated within an established residential area. The garages are reported to currently generate a combined rental income of approximately £589 per month / £7,068 per annum, providing an immediate income stream with relatively little day-to-day management compared with more traditional residential investments. There are currently no formal tenancy agreements in place; however, the vendor has provided statements evidencing rental payments received. Buyers should satisfy themselves as to the current occupational arrangements and income. With 15 individual units already generating income, this represents an attractive opportunity for investors looking for a straightforward, low-maintenance addition to an existing portfolio, whilst also offering potential to review the individual rents and increase the overall return over time. The site may also offer longer-term potential for alternative uses or development, subject to the necessary planning permissions and consents. A great opportunity to acquire an established, income-producing garage investment offering 15 units, immediate reported income and minimal ongoing management.