Land For Sale £95,000
The property is believed to have been constructed in 1934 and is situated within open fields and approached off Ashlawn Road. It comprises a circular reinforced concrete cyclindrical core upon which sits a large drum shaped water container in two sections.
The central core contains an access staircase with door at ground level, and there is a ring of 12 reinforced concrete columns set around the edge supporting the drum. Notes indicate that the drum capacity is circa 500,000 gallons.
On the top of the tower are a number of telecommucation masts.
The tower sits within a fenced and grassed site of approximately 0.40 hectares (0.99 acres).
We understand that utility services including water, telecoms and electricity are available on site and gas is available in the public highway. Interested parties should refer to the legal pack and make their own enquiries to satisfy themselves on the availability of any services. We further understand there is asbestos within the construction of the water tower and as such there will be no internal viewings of the property.
Location:
Rugby is a historic market town in Warwickshire with a population of around 100,000.
The town lies 80 miles north of London, 30 miles to the southeast of Birmingham and 11 miles from Coventry.. The town enjoys excellent communications lying alongside the M1 (Junction 18) just to the north of the M45 and just to the south of the M6. The town is a popular location for logistic and warehouse development.
Rugby lies on the west coast main rail line and both Birmingham and Coventry Airports are within easy reach.
The property lies on the southern edge of the town and fronts Ashlawn Road, close to its junction with Barby Road.
The approximate position of the property can be located as follows:
Grid Reference: SP506729
What3words.com stared.form.stars
Tenancy:
The site is let to by way of two separate leases to telecommunication companies and produces approximately £31,000 per annum.
Accomodation:
Note: Interested parties should read the legal pack for further information relating to easements and overages, for example, that may be applicable to the site.
External viewing of the site may only be undertaken using public rights of way or by appointment with BidX1. Please do not trespass onto adjoining land owned by our client’s neighbours.
Online Auction on Thursday, 23 November 2023. For further information, such as legal documents and property information, please visit bidx1.com.
