On the instruction of Severn Trent Water, Lambert Smith Hampton is selling seven former covered reservoir sites suitable for alternative use. These will be sold using the LSH online auction platform with the sale closing on 5th October.

The sites, which are located in Gloucestershire and Leicestershire, are up to 1.1 acres in size and boast a variety of views of farmland and open countryside and proximity to village settlements.

Guide prices for the sites are between £1,000 and £20,000 and, subject to planning permission, they would be suitable for conversion to residential use. All planning permission sought on Severn Trent Water reservoir properties purchased in February 2016's online auction has been granted, including plans for a riding stable, a one storey and a two storey dwelling.

Bidding opens: 09:00 04 October
Bidding closes : Staggered from 14:00 05 October

Pre-registration will be required in order to bid, together with a hold on funds payable as a deposit on a credit card (typically no more than £5,000 per site).

If a bid is received within the last minute of the sale period, once this minute has expired, a new minute window will appear and immediately after a new bid is received thereafter, the bidding period will be immediately extended by another minute - and so on until no more bids are received. The site will be sold to the highest bidder at or above the reserve price.
Completion period is 20 business days​

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