What Is A Fair Price To Rent Out A Single Garage At?

[cRaig 273 1 Cars]

Hey there,

 

Will soon have a secure, dry residential single garage to rent out in Bath, and was wondering if people had any experience of a sensible, fair price to charge for rent? Its ideal for rental, detached from the house, seperate entrace from the road, rather than going through the garden etc.Not sure if it has power, but is something I may look into.

 

Anyone got any recent examples of prices for a single garage? Also if anyone in the area is after it, I would rather it go to an enthusiast off here

 

Cheers

 

Craig

[M@tt 77]

think i paid about £8/week for my council one when i rented one (no power but did have light)

[Atari Boy 11]

I rent one form the a local housing association, it's in a block, with no power or light (and about 5 minutes from my house).

I think I pay around £38 per month.

Edited May 18, 2012 by Atari Boy

[cRaig 273 1 Cars]

Thanks for the replies guys. We were thinking around 35-40 a month, so werent too far off the ball, considernig it is a bit more secure than being in a row of council block garages, and I can prob easily fit a light.

 

Craig

[ben_kilpatrick205 0]

I'm paying £166 every 3 months with no power! Looks like I'm paying too much

[Carbs4me 45]

I pay £25 a week on mine with power and water x4 plug sickets... enough room to fit cabinates and tables and a car. well it fits a 110 Landrover defender in it! with a good amount of room to walk up and down the side without the tables and cabinates in it

Edited May 18, 2012 by Carbs4me

[steve@cornwall 100]

single garage, no power etc (ir room to open more than 1 door! £50 per month - Or put another way 1/12 of the price of an average 2 bed house in this area

[MiniGibbo 142]

This subject really is "how long is a peice of string" all depends on where you live..

[jonXS 30 1 Cars]

i pay about £10 a week for the one i rent and its got a massive gateed entrance, but no power and just enough room for a car and a little table at the back.

But like minigibbo said it probably does depend on the area you live in.

[lagonda 42]

I used to rent the garages out separately to a couple of flats I owned, in Surbiton & Kingston. A good 10 or 12 years ago, the going rate was £50 per month each. Just lock-up garages, no light or power. I don't think they'd go for seriously more than that today though, ie garage rental is largely unaffected by inflation.

[johnnyboy666 195 1 Cars]

i've been looking about for one recently and round here £50pm is about the norm near to town couple of quid less if its further out

[cRaig 273 1 Cars]

Thanks for all the input guys, have got a good idea of a starting price for advertising it, will now have to put some adverts up and will see what we end up with

 

Cheers

 

Craig

[lewis205cti 12]

Fingers crossed it gets rented quick. I pay £33 PCM mate.