Land for sale

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Land for sale

Birkett Bank, WIGAN
£5,000

Our Summary

  • SUMMARYAUCTION SALE 20 May 2025 - Freehold Ground Rent InvestmentSecured on Land with Potential (stpp)Ground Rent Reserved £1,000 per annum
  • TO SELL YOUR PROPERTY IN OUR NEXT AUCTION CALL US NOWDESCRIPTIONFreehold Ground Rent InvestmentSecured on Land with Potential (stpp)Ground Rent Reserved £1,000 per annum
  • AUCTION SALE

Description

This property is a freehold ground rent investment secured on a parcel of land in Wigan, measuring approximately 1,530 sq ft. The land has a long lease of 999 years from 2021, with a ground rent of £1,000 per annum. The property is located in a mixed residential area, close to retail and major roads. The vendor is selling the freehold ownership of the land, which has potential for development in the future, with the possibility of additional benefits available to the buyer. The guide price for the property is not a valuation or assessment of value, but rather an indication of the region at which the reserve may be set. The property is being sold at auction on May 20, 2025, with a contract documentation fee of £1,500 payable to the auctioneer by the buyer.