Lot 121 Former Reservoir And Pumping Station With WoodlandAuction Date:
2nd November 2022
Reigate Hill Reservoir, Reigate Hill, Reigate, Surrey, RH2 9NQ
A rare and unique opportunity to acquire a freehold area of woodland, with panoramic views over the surrounding area, extending to just under 0.5 acres, situated on the north side of Reigate Hill.
The site includes a former underground reservoir, accessible by metal rungs and a detached former pumping station considered suitable for a variety of uses, subject to all necessary consents being obtainable.
The woodland and buildings are located just off the A217 accessed on the left-hand side via a footpath, just after 117 Reigate Hill. The town centre and comprehensive local shopping facilities and mainline railway station are just over one mile away, with excellent road links to London, Gatwick and surrounding areas via the nearby M25.
Site Measurements
The site extends to 0.18 hectares (0.44 acres).
Local Planning Authority
Reigate & Banstead Borough Council. Tel: 01737 276000. Website: reigate-banstead.gov.uk.
Auctioneer’s Note
Under no circumstances are interested parties to attempt to access the underground reservoir for their own safety. There is a video online which give an indication of the size and condition of the space and interested parties should rely on their own investigations.
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
