Residential Development Potential (subject to consents)
Affluent and Attractive Residential Area
Benefits from Good Road Access to A329 (M) and M4 Motorway
Lot 46
Auction 2nd November 2023
Rent £620 per Annum Exclusive
Status Withdrawn Post
Price
Sector Development
Auction Venue Live Streamed Auction
Property Information
Location
Miles
1.5 miles south of Twyford, 3 miles north of Wokingham, 5 miles east of Reading
Roads
A321, A329 (M), M4
Rail
Twyford Railway Station, Wokingham Railway Station
Air
London Heathrow Airport
Situation
The property is situated on the east side of Wokingham Road (A321) adjacent to Beech Court office park. The locality benefits from excellent connection to the A4 Bath Road, which in turn provides links to the A329 (M) and M4 motorway. In addition, Twyford Railway Station and Wokingham Railway station are within a few miles that provide direct routes to London (Paddington and Waterloo). The surrounding area is predominantly residential with large amounts of countryside.
Tenure
Freehold.
Location
Miles
1.5 miles south of Twyford, 3 miles north of Wokingham, 5 miles east of Reading
Roads
A321, A329 (M), M4
Rail
Twyford Railway Station, Wokingham Railway Station
Air
London Heathrow Airport
Situation
The property is situated on the east side of Wokingham Road (A321) adjacent to Beech Court office park. The locality benefits from excellent connection to the A4 Bath Road, which in turn provides links to the A329 (M) and M4 motorway. In addition, Twyford Railway Station and Wokingham Railway station are within a few miles that provide direct routes to London (Paddington and Waterloo). The surrounding area is predominantly residential with large amounts of countryside.
Tenure
Freehold.
Description
The property comprises a parcel of land with an area of approximately 1.25 acres (0.51 hectares). The land is currently used for grazing and may be suitable for residential development (subject to consents).
VAT
VAT is applicable to this lot.
Note
The lease is outside the Security of Tenure Provisions Landlord & Tenant Act 1954.
The adjacent office park, Beech Court, is being offered for sale as lot No. 5
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a parcel of land with an area of approximately 1.25 acres (0.51 hectares). The land is currently used for grazing and may be suitable for residential development (subject to consents).
VAT
VAT is applicable to this lot.
Note
The lease is outside the Security of Tenure Provisions Landlord & Tenant Act 1954.
The adjacent office park, Beech Court, is being offered for sale as lot No. 5
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Use
Approximate Hectares
(Approximate Acres)
Tenant
Term
Rent p.a.x.
Land
0.51
(1.25)
AN INDIVIDUAL
2 years from 01/01/2020 (holding over)
£620
Total Approximate Land Area
0.51
(1.25)
£620
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
