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Park Lane Reservoir

Park Lane, Knebworth, Hertfordshire, SG3 6PP

Freehold: Offers in excess of £40,000

  • Circular reservoir structure
  • Potential for alternative uses
  • Attractive rural location with road frontage

Location

The property is located on the south side of Park Lane, approximately 0.5 miles to the east of the centre of Old Knebworth, 1 mile west of Knebworth and 3 miles south of Stevenage.

Nearby to the property are residential houses, woodland and farmland.

Description

The property comprises a broadly rectangular area of land with a circular reservoir within a raised grass embankment, assorted trees, an electricity substation and a rectangular brick structure containing a booster station. The reservoir has a diameter of 14.5 metres and a depth of 4.16 metres.

Planning

There is no planning history for the property.

Terms

The property is available freehold and subject to the long leasehold interest in respect to the substation.

For the avoidance of doubt, the footage of the booster station is not included within the sale and the vendor will reserve rights for access and easements over the live pipework in the ground. Further details available from the agent.

Price

We are instructed to seek offers in excess of £40,000.

EPC

The property is exempt from the EPC regulations.

Business Rates

The property has not been assessed for Business Rates purposes.

Legal Costs

Each party is to be responsible for their own legal costs.

Finance Act 1989

Unless otherwise stated, all prices are quoted exclusive of Value Added Tax (VAT). Purchasers should satisfy themselves independently as to VAT in respect of any transaction.

Safety Note: Think Safety First

For your own personal safety and given the potential hazards, we would ask you to be as vigilant as possible when making your inspection. Please ensure children are supervised at ALL times.

Legal Notice:

The agent and their client give notice that they are not authorised to make or give any representation or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.