Severn Trent Water Limited are currently planning to dispose of surplus sites in two auctions later on this year. An online auction is scheduled on the 28th/29th November using Lambert Smith Hampton’s (LSH) Online platform followed by LSH’s Ballroom Auction on the 15th October at Le Meridien Hotel, 21 Piccadilly, London W1J 0BH
Online Auction 28th / 29th November October
Following the successful disposal of a number of Severn Trent Water’s redundant covered reservoirs in online auctions in 2017. Capita are bringing to the market at least three further redundant covered reservoirs on behalf of Severn Trent Water Limited in an LSH online auction on the 28th/29th November. The following sites are scheduled to be put in this auction, more sites are expected to be added to this list.
|1||Land on the West Side of Cuckoo Lane (Little Tor DSR), Ludgate Hill, Wotton-under-Edge, Gloucestershire, GL12 7JJ||0.51 acres (0.205 hectares)|
|2||Land to the south of Racecourse Road (Mount WTW), Oswestry||0.084 acres (0.034 hectares)|
|3||Land to the East of Bishops Wood Lane (Lineholt DSR), Ombersley, Droitwich||0.22 acres (0.089 hectares)|
Ballroom Auction 10th December
Le Meridien Hotel, 21 Piccadilly, London W1J 0BH
The following Severn Trent Water Limited sites are scheduled to be included in the Lambert Smith Auction on the 10th December.
|1||Longford, Previous Severn Trent Sewage Treatment Works, Gloucester||14.8 Acres (5.99 hectares)|
|2||Land to the east of Turnhurst Road, Packmoor, Stoke on Trent||0.12 acres (0.405 hectares)|
|3||Land known as Mason's Rest, Meerbrook, Leek||1.36 acres (0.550 hectares)|
|4||Innsworth, Previous Severn Trent Sewage Treatment Works, Gloucester||3.07 acres (1.24 hectares)|
Capita and Carter Jonas on behalf of Seven Trent Property welcomed 4 sites to the Ballroom auction held by Lambert Smith Hampton on the 14th of May at 11am. The auction was held at Le Meridien, 21 Piccadilly, London W1J 0BH. Full details on each lot are available below.
|Site name||Size||Sold |
|1||Land for Sale off Valley Road, Overseal||0.91 acres (0.37 hectares)||£41,000|
|2||Land to the east of Longfield, Hobnock Road, Essington||0.85 acres (0.34 hectares)||£19,000|
|3||Land at Old Bristol Road, Gigg Mill, Nailsworth||1.3 acres (0.53 hectares)||£53,000|
|4||Land at Hartshill, Nuneaton Road, Hartshil||1.3 acres (0.53 hectares)||£52,000|
Lambert Smith Hampton (LSH) acting for Capita Real Estate on behalf of STW are pioneers of the new online property auction market. Their team of Auctioneers have between them over 100 years' experience running traditional ballroom property sales and over the past 3 years have sold on average 89% of all assets offered under the hammer.
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