Former Oakwood Pumping Station, Rayleigh Road, Southend-on-Sea, Essex, SS9 5HU

Guide Price* : £160,000

  • Freehold site
  • Development potential (subject to planning)
  • Established residential location
  • 1.11 acres (0.45 hectares)

Description

The subject site comprises a former water pumping station within a site of approximately 1.11 acres. The property is accessed from Rayleigh Road and features a long accessway to the main site of 0.46 acres. There is a small, unused, pumping station to the middle, whilst the remainder of the site is undeveloped, grass covered and level. The site is surrounded by fencing to each boundary.

Location

The subject site is located in Southend-on-Sea, a town on the Thames Estuary in the south east, approximately 40 miles to the east of Central London.

The town benefits from good transport communications with both the A127 and A130 providing access to the M25 orbital motorway and Central London. Additionally both Southend Central and Southend Victoria Stations offer direct services into Central London with an average journey time of 1 hour. Southend airport is approximately 1 mile from the site and offers multiple flights to international and domestic locations.

The site is situated to the south of Rayleigh Road to the north west of Southend-on-Sea. The area is predominantly residential, with the subject site being surrounded by a mix of semi-detached and detached housing. There are some local retail tenants on Rayleigh Road.

Tenure

Freehold

Tenancy

The site is vacant and unlet.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT on purchases of £20,000 and above and £240 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.

The auction has not yet started
Minimum Opening Bid

£100,000


Bidding Opens On
27th Mar 2019 10:00
End Date

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The successful purchaser will be required to pay the auctioneers administration fee of £990 inclusive of VAT on purchases of £20,000 and above and £240 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.


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