We have spent a number of years buying and renting out single lock up garages around Fife approx (approx 12msq) (ex council type).
They are all rented out and each property has a title deed.
All are wind and water tight. some have up and over doors
3 in Rosyth (same block).
11 in Glenrothes (different areas).
1 in Dunfermline.
1 in Rosyth.
1 in Kirkcaldy (new roller door0
5 in Cupar (same block)
Total of 22 Single Garages ranging from £40-£75 per month paid via Standing order and direct payment.
Very simple rental business with no hassle and a high yield, no electrical testing or boilers going faulty during the night.
No Rates as they are classed as Residential and no Council Tax
No Power, water or Gas, so no surprise bills
All Company owned
Turnover approx £13,500 per year. (if all rented out)
Open to realistic offers for a quick sale.