Off Court Terrace, Ripon, HG4

Circa £50,000

Description
An opportunity to acquire nine self-contained garages of sectional concrete construction under a metal corrugated roof. In addition to the garages is a concrete apron in front of the garages, approximately 20' (6.1m) in depth with access off Kirkgate to the garages. All of the garages are currently let and producing an annual income of £3,888. Each of the garages is let for £108 on a quarterly basis. There is a right of way over the land in favour of Morrison's Supermarket to access the additional parking spaces which can be seen on the photographs. Garage number three was measured to be 18'3" x 8' (5.6 x 2.4m) internally but the external measurements of the whole block were approximately 73' x 19' (22.3m x 5.8m). There is also the scope, clearly for other uses subject to obtaining the necessary planning approval.

Location
The garages are set with access from Sainsburys car park and also Kirkgate on an unadopted road of which this block has vehicular right of way. Due to the location in the centre of the city where parking is at a premium the garages have always proved to be popular. The garages are situated adjacent to the Cathedral itself and within walking distance of all of Ripon's amenities. Ripon is ideally placed with easy access being gained to the A1(M) and the region's motorway network.

Tenure
Freehold, subject to the existing tenancies.

Services
No mains services are connected to the garages or land.

Energy Performance Certificate (EPC) Rating
Not required.

Solicitors
Hethertons, 1 St James Square, Boroughbridge, YO51 9AR.
Tel: 01423 322940. FAO: David Hallam.

Joint Agents
Lister Haigh, 5 St James Square, Boroughbridge, YO51 9AS.
Tel: 01423 322382 FAO: Paul Johnston.

Auction viewings take place as blocked appointments.
Tel. 01423 501211.

Viewing by appointment only.

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Our next auction is on 4th October 2018

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