Nairnshire garage rents agreed for 2024/25
Area Committee Members have agreed a 20% increase in garage rents for Nairnshire garages and garage sites for 2024/25.
Garage Rent for Council Tenants will increase from £6.68 per week to £8.01 per week. Meanwhile, Garage Rent for non-tenants will go up from £8.02 to £9.62 per week.
For Garage Sites, the annual rent for Council Tenants will increase from £40.32 to £48.38 per year. Annual Garage Site Rent for Non-Tenants will also increase from £48.36 to £58.03 per year.
As a result, total income will increase from £15,554 to £18,664.
Occupancy levels for garages and garage sites are high in the Nairnshire area – with all garage lockups occupied and just one garage site vacant.
Councillor Michael Green, Chair of the Nairnshire Area Committee, said: “Garages and garage sites within Nairnshire are competitively priced, and even taking today’s agreed increase into account, our rates still sit below the average across all other areas in Highland.
“Equally, we recognise that the majority of our garages are used by local residents for storage purposes, with the Council’s offering at a fraction of the cost of commercial solutions.”
The rent increase will commence from April 2024 and garage tenants will be notified by letter.