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One of the easiest ways to make some extra cash each month with little effort is to rent out your garage or parking space. More people than you might think would be happy to pay rent for a extra garage spot to protect their classic car, park for their daily commute, or store their motorcycle.
Answer: It is possible but not straightforward. First things first: check the title to the premises carefully to ensure there are no covenants blocking it from being used as anything other than a garage.
The lease grants the Tenant the right to exclusive use of the garage and (optionally) a right of way over any land owned by the Landlord which gives access to the garage. The Tenant is to pay a monthly rent.
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