Garage

An excellent investment opportunity in the heart of Gateshead, this block of 10 garages offers a consistent rental income stream. We are advised the units are fully let achieving rental income of £60 per month, providing a total annual income of £7,200. This property is ideal for investors seeking low-maintenance, passive income.

The garages are well-situated in a convenient location with easy access to local amenities, public transport links, and major road networks, making them an attractive proposition for tenants and potential future buyers alike.

Block Of 10 Garages
Situated To The Rear Of Rawling Road
Great Rental Return of £7,200PA
Ideal Opportunity For Investors
Attractive Proposition For Tenants & Potential Future Buyers Alike

Property details provided by Andrew Craig
EPC rating: N/A
Council Tax Band: N/A
Tenure: Freehold.

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION 31 July 2025 OPTION 1

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by AC. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.

Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

Details awaiting vendors approval.

Disclaimer 4
Very low risk of surface water flooding.

Ofcom website states no broadband download speed or mobile coverage.