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weeveetwin 07-Jan-2006 12:53

What\'s it worth? (Garage)
 
Hi guys

I've been without a garage for over a year now, and it's driving me mad! Bikes are kept at my sister's, so I can't 'twiddle' with them at all. I haven't even seen them for three months! (..and I can't wait to strip my 888 down to the bones for a rebuild).

Anyway, I've found a garage for sale reasonably locally, and wonder what I should pay for it. It looks very well made (thick walls/strong roof tiles) and comes with a sentry post at the entrance. The guy's open to offers. Anyone have any ideas what it's worth? It looks practically brand new, and it's as dry as a bone. The driveway comes with the price, but not the surrounding grounds.

It's internal dimensions are..
Length = 17ft.
Width = 9ft.
Door = 7ft (up and over type)

Here's a few photos.
Cheers
Steve

weeveetwin 07-Jan-2006 12:57

Here's another..

twpd 07-Jan-2006 12:59

I'd offer you room in my garage and use of my facilities but, I have 7 bikes in it atm and not enough room to swing a cat! lol.

As for the value of the garages...haven't a clue... sorry.

weeveetwin 07-Jan-2006 13:00

Inside..

weeveetwin 07-Jan-2006 13:02

Last one..

twpd 07-Jan-2006 13:03

Looks good. How close is it to you and does it have power. I'd not be too keen on putting my bikes in a garage away from me without any power to drive an alarm etc.

weeveetwin 07-Jan-2006 13:20

Hi twpd

It's about 8mls from me, and no it doesn't have power. (I'll be fitting lights/power sockets, and running them from a generator). As for security, it'll make Fort Knox look vulnerable by the time I'm done with it! (..there's another grand spent then!!) A heavy duty battery will have to do for the alarm though.

twpd 07-Jan-2006 13:33

Won't that bugger up your insurance? I'd have thought your insurance company wouldn't be too happy - might be a good idea to check with them first and to see if you can get additional cover.

Good luck m8!

Chris Wood 07-Jan-2006 13:49

I'd go for a long term self storage facililty, lots of garages inside a massive one if I had the option, lots of them around to check out, limited as to what 'work' you can do on them though?

not sure I'd sleep easy being 8miles away....

philthy 07-Jan-2006 13:53

Steve

Is it a buyer is responsible for dismantling and removal from site? How will you remove the drive in one piece?

Only kidding:bouncy:

A garage like that would cost £3000? to build - land £1000 and potential rent at £250 per year= £5000? + solicitors fees

My concern would be what is surrounding the garage. It looks like it's in the garden of a house. What happens if the house is sold and the purchaser is a thieving murderous drug dealer and turns the house into a brothel?

Could this be a potential disadvantage to owning the garage ( Or an asset? )

Something to think about though. Also is it in a ' nice area ' or are you vulnerable to thieves who will know that you are not 'on the premises'.

Phil


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