Land for sale

A unique opportunity to acquire a Victorian constructed reservoir
with development potential subject to planning

For Sale by Public Auction on Wednesday 25th February 2026 at 2pm at Shilstone, Ivybridge, Devon PL21 0TW

The reservoir is a multi-chamber brick structure made of 6 rows of brick vaulted arches with 28 brick vaulted domes around the perimeter. The structure is approximately 32 X 32m wide x 4.3m high internally in the form of a cross and a series of cross supports. The reservoir is contained in a raised soil mound occupying the rear two thirds of the site.

Outside the reservoir the front third of the site comprises a small building housing redundant pumps and valves access to the site and
trees. The site is post and rail fenced to the North with brick walls to the Southern and Eastern boundaries.

The site has previously had planning approved for conversion to residential. Interest parties are to make their own enquiries.

METHOD OF SALE
The property will be offered for sale by public auction and online livestream auction on Wednesday 25th February 2026 at 2pm at Shilstone, Ivybridge, Devon PL21 0TW

It is possible the property may be sold prior to the action date therefore it is advisable for interested parties to register their interest with the Agents and it is their responsibility to check with the Agents whether the property will still be offered on the auction date.

BUYERS ADMINISTRATION FEE
The successful purchaser(s) of each lot will be liable to pay a Buyer’s Administration Fee based upon the eventual sale price to the selling Agents. Further details are available from the selling agents.

AUCTION PACK
The Auction Pack, containing the contract and special conditions of sale, should be obtained online at Future auctions held by Greenslade Taylor Hunt Online (eigroup.co.uk)

These documents will not be read at the time of sale and all prospective purchasers will be deemed to have bid for the property in full knowledge of their contents and shall not raise any requisition or objection whatsoever thereafter.

BIDDER REGISTRATION
All potential online, telephone & proxy bidders are required to register their details with Greenslade Taylor Hunt prior to the commencement of the auction by completing the Online Bidder Registration.

Those attending the auction room to bid in person will complete bidder registration on arrival to the auction room. All in room bidders must provide two forms two forms of identification in order to register.

SPECIAL CONDITIONS
The buyer is required to pay the Buyer’s legal fees of £900 inc Vat and the sellers fees of 2% plus VAT subject to minimum fee of £2,000 .

FIXTURES AND FITTINGS
All fixtures and fittings are included in the sale.

TENURE
The freehold is available for sale with vacant possession.

RIGHTS OF WAY, EASEMENTS, WAYLEAVE ETC
We are not aware of any rights of way over the land and the property is sold as far as required by the vendor and will be conveyed subject to all rights of way, easements and way leaves of telegraphs poles, drains and wires, electric pylons and cables, water and gas pipes at present erected on and passing over or under the property and subject to the agreements affecting the same (if any).

VAT
We have been advised VAT will not be payable on the purchase price.

SERVICES
We have been advised at present the site is not connected to any mains services . However, they are located nearby.

SITE AREA
Having used our satellite mapping tool, we calculate the site area to be as follows:-
Land 60,244 sq ft 1.383 acres
Total 60,244 sq ft 1.383 acres

CONSUMER PROTECTION REGULATIONS
While we endeavour to make our sales details accurate and reliable, if there is any point which is of particular interest to you please contact the office and we will be pleased to confirm the position for you, particularly if you are contemplating travelling some distance to view the property.

Guide Price: An indication of the seller’s current minimum price at auction. The guide price of range or guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing.

As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price: The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

IMPORTANT NOTICE
For clarification we wish to inform any prospective purchasers that we have prepared these sales particulars as a general guide. They must not be relied upon as statements of fact. We have not carried out a detailed survey, nor tested the services, heating systems, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings.

If there are points which are of particular importance to you please contact the office prior to viewing the property.

Note:- The above plan has been reproduced from the Ordnance Survey Map with the permission of the Controller of H. M. Stationery Office. © Crown copyright licence number 100022432 Greenslade Taylor Hunt.

Note:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

The site is located on Sandford Hill just outside Bridgwater's town
centre. The land sits in an elevated position with panoramic views of
the surrounding countryside and Bristol Channel.
Bridgwater, with a population of approximately 45,000 is a market
town located 9 miles north east of Taunton and 40 miles south of
Bristol. It has access to Junctions 23 and 24 of the M5 motorway and
has benefitted from substantial residential and commercial
development in recent years, with Hinkley C continuing to attract
growth.