AN ENTIRE street in Sharpness is to go under the hammer next week.
Dock Road - which includes 24 homes - is due to be auctioned on Thursday, November 7 with a guide price of £1.575 million.
The single lot - which is being marketed by auction house Allsop - has been described as a ‘rare unbroken street'.
It also includes a workshop, three garages, 1.7 acres of vacant land plus two mixed use buildings - one of which was the Sharpness Post Office.
According to an auction brochure, the street currently generates rents of around £168,000 per annum.
The street is being sold by Canal and River Trust who says there won’t be a change to existing tenancies.
A trust spokesperson said: “Our charity is in contact with residents about the sale of the properties along Dock Road.
“The sale will be via an auction at the beginning of November.
“Our intention is that all the cottages will be sold together as a single lot to a single buyer.
“We understand that a change of ownership might seem unsettling, but in practice, whilst there will be a change of owner there won’t be a change to our resident’s tenancies i.e. nobody is required to leave their home and the properties will be sold on the same terms as the tenants have in place.
“We’ll keep in touch with our tenants as the sale process progresses.”
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