Next auction Thursday 20th August 2.30PM

13 Garages off Gibson Road, Gibson Road, Paignton, Devon, TQ4 7LS



Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Recently
Updated
Guide price

£90,000+


Property Type

Commercial


Key Features

  • An opportunity to acquire 13 freehold lock-up garages & a communal play park
  • Located in the heart of Paignton within a well-established & quiet residential area
  • ERV when fully let at market rent of £15,600 pa

Part of the 20 August 2026 auction
Nottingham Racecourse at 2.30PM

An opportunity to acquire 13 freehold lock-up garages & a communal play park located in the heart of Paignton. ERV when fully let at market rent of £15,600 pa

  • Located within the sought-after White Rock Estate
  • Situated in a well-established & quiet residential area
  • In the popular seaside town of Paignton
  • Circa 20-minute drive to Torquay
  • Good road connectivity, 1.5 miles from the A380 & A385
  • Circa 1 Mile from the Paignton Beach & Pier
  • Within walking distance of a wide range of local amenities
  • Comprising 2 blocks of garages extending to circa 1,755 sq ft
  • Block 1 comprises 7 lock-up garages
  • Block 2 comprises 6 lock-up garages
  • Each block benefits from a concrete forecourt
  • Approximate dimensions of each lock-up garage
  • Width: 2.5m
  • Length: 5m
  • Height: 2.2m
  • Size per garage of circa 135 sq ft
  • Potential income of £100 pcm per garage
  • ERV when let fully let at market rent of circa £15,600 pa
  • Communal play park a broadly circular and level parcel of land
  • Measuring circa 0.5 acres
  • Potential for a high-yielding investment
  • Red line is for illustration purposes only, refer to Title Plan (in Legal Pack)

From Gibson Road at any time.

Fees

A buyer's premium of £1,800 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold

Email: michael.harrington@wbd-uk.com
Telephone:

For more property information
contact us