Pebworth water tower to go under the hammer (From Evesham Journal)
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Pebworth water tower to go under the hammer
4:52pm Tuesday 9th June 2009 in News
PEBWORTH water tower owned by Severn Trent is one of 420 properties going under the hammer over the next 18 months.
The water tower stands on 343 meters of land next to Manor Cottage and is up for auction on July 1 in London.
The ground at Pebworth is part of the first phase of sell-offs expected to raise millions for Severn Trent.
The selling agent for the Pebworth Water Tower, Jason Birch from Kings Sturge Savills (Nottingham), expects the land to go for around £20,000 to £25,000.
He said: “It is big enough for a detached house to go on, but that depends on planning permission.”
Severn Trent Water’s director of property services said: “This first batch of properties are mainly small ones with likely values of between £25,000 to £50,000 each. The sort of thing people may buy to add to their gardens.”
Anyone interested in the Pebworth land can contact Mr Birch direct on 020 7087 5427 or can register an interest in the portfolio by visiting propertydisposals@severntrent.co.uk.
