Westwood Road, Leek
OIRO £27,500 (Tenant Fees)

An investment opportunity comprising of nine lock-up garages, situated 0.6 of a mile to the west of Leek Town Centre in a popular residential area.

Description
The nine garages are shown on the attached plan as edged red and comprise of two blocks of four garages and a single garage, all being of concrete construction under a cement fibre roof.

Garages 1 - 5 have double wooden doors

Garages 6 – 9 have up and over metal doors.

The garages individually measure approximately 16 ft by 8 ft 9” or thereabouts.

Access to the garages is off Westwood Road and there is an area of hardstanding between the garages and Westwood Road.

Current Occupiers
Five of the nine garages are currently let with no formal agreements in place and four of the garages are currently empty.
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Lease with Staffordshire County Council
The land upon which the garages are situated as shaded pink on the plan is subject to a lease with Staffordshire County Council dated 24 July 2007. This lease was for a term of three years from the 30 September 2007 at a yearly rent of £135.00 payable in advance on the 31st March in each year.

Staffordshire County Council have indicated that they are in agreement to entering into a new lease with the purchaser of the garages for a new term of 6 years at a rent to be agreed.
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Right of Way to be granted
A Right of Way is to be granted to the purchaser by our clients over the area shaded yellow on the plan. The access road leading to The Coppins and Beech Dene Residential Home is to be kept clear at all times. - Size : -

Viewing
The exterior of the garages may be viewed unaccompanied during daylight hours whilst in possession of a copy of these particulars and which will constitute authority to view. - Size : -