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Our Summary
- • Auction date: 12th August —unconditional sale, contracts exchanged on fall of hammer
- • Viewings and further information: contact Palace Auctions prior to auction date
- Tamworth Development Land Auction | Lot 11 | Watling Street, B77 1EJ ________________________________________ Key Takeaway: A rare, high-potential freehold development site in Tamworth’s prime Two Gates area—offered as Lot 11 at Palace Auctions’ prestigious Claridge’s event on 12th August 2026, 1:00 pm
- ________________________________________ HEADLINE Lot 11: Prime Tamworth Development Land Auction — Freehold, Exceptional Location, Positive Pre-Planning, and Potential Value up to £1 Million (Auctioneers’ Opinion)
- Auction at Claridge’s, London, 12th August 2026, 1:00 pm
- ________________________________________ AUCTION DATE & LOT Lot 11 | 12th August 2026 | 1:00 pm | Claridge’s, Brook Street, London, W1K 4HR ________________________________________ Exceptional Tamworth Development Land Auction Opportunity — Lot 11 Welcome to an outstanding opportunity to acquire a substantial freehold development site at Watling Street, B77 1EJ
- Lot 11 is offered by Palace Auctions at their flagship auction event at Claridge’s, London, on 12th August 2026 at 1:00 pm
- The auction is unconditional: contracts are exchanged immediately upon the fall of the hammer, ensuring certainty and speed
- With the auction date set and this lot featured at one of London’s most iconic venues, serious buyers are urged to act promptly
- ________________________________________ Substantial Freehold Parcel with Significant Development Scope Lot 11 comprises a substantial freehold parcel, offering versatile scope for future development (subject to planning)
- The local planning authority has previously indicated support for development, providing a strong foundation for future planning applications
- There is clear precedent for positive planning outcomes in the B77 postcode, with similar sites achieving outline planning permission for residential development
- ________________________________________ Development Potential: Residential, Mixed-Use, Commercial Subject to planning, Lot 11 is suitable for a range of uses, including residential, mixed-use, or commercial developments
- Comparable sites in the B77 area have successfully achieved planning for residential schemes, demonstrating strong demand and viability
- ________________________________________ Auction Process: Unconditional Sale — Clarity, Speed, Certainty Lot 11 is offered on a fully unconditional basis
- A 10% deposit plus buyer’s premium is payable on auction day
- The auction takes place at Claridge’s, Brook Street, London, W1K 4HR, at 1:00 pm on 12th August 2026
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Description
The property is a freehold development site located on Watling Street in Tamworth's prime Two Gates area. The site is situated on the A5, offering direct links to Tamworth town centre, the M42 motorway, and the wider Midlands. It is a substantial freehold parcel with significant development scope, suitable for a variety of schemes including residential, mixed-use, or commercial projects.
The site has a positive pre-planning history, with the local planning authority having previously indicated support for development. The property falls under Tamworth Borough Council's Local Plan 2006-2031, which supports sustainable growth and development. The site benefits from outstanding transport links and connectivity, with easy access to major cities, a railway station, and Birmingham Airport.