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Land for sale
Birkett Bank, WIGAN
£5,000
Birkett Bank, WIGAN
£5,000
Our Summary
- SUMMARYAUCTION SALE 24 June 2025 - Freehold Ground Rent InvestmentSecured on Land with Potential (stpp)Ground Rent Reserved £1,000 per annum
- DESCRIPTIONFreehold 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 with potential for development, located in the heart of Wigan. The land measures approximately 1,530 square feet and has a long lease of 999 years from 2021, with a ground rent of £1,000 per annum. The property is situated in a mixed residential area, close to retail and major roads. The current leaseholder has the option to develop the land in the future, which could result in additional benefits for 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.