Garage/parking for sale

Overview

StrapLineAuction Sale - 28/02/2024Of Interest to InvestorsRarely Available Central London B8 Warehouse / Car Garage OpportunityCurrently a Secure Underground Car Park with Approx. 90 SpacesOpportunity to convert into Self storage facilityDescriptionThe property comprises a secure underground basement garage/car park situated under Caister House a large apartment block with access via Bride Street leading from Roman Way there is a single ramped entrance and exit point. The property comprises approximately 20,545 square feet. The property would be suitable for either its continued use for a high end car storage facility or, alternatively, as being used as a self-storage facility or other warehouse /storage uses. Based on current parking rates in the area, we understand a gross income of £270,000 may be achievable. This is based on £3,000 per annum, per space.The property would be suitable for either its continued use for a high end car storage facility or, alternatively, as being used as a self-storage facility.LocationThe property is located on Bride Street near to Roman Way and Caledonian Road (A5203) and Holloway Road (A1). The property also benefits from a number of bus routes and Caledonian Road underground station. TransportCaledonian Road (Piccadilly Line) - 0.3 milesTenancyVacantAccommodationApproximately 20,545 sq ft For more details and to contact: https://realtyww.info/parking-garages_roman-way-d627050/for-sale_i68133010

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