A freehold ground rent land investment is up for auction, secured on a parcel of land at Pavilion Drive in Stoke-on-Trent. The land is well-positioned, facing the busy War Memorial Roundabout and adjacent to a large Morrisons supermarket and Festival Heights Retail Park. A valuable reversion of the current ground lease will take place in 34 years, giving vacant possession to the buyer. The land has previously received an in-principle offer from an outdoor advertising company to erect a hoarding, generating a yearly income of approximately £1,200. The guide price is £50,000 plus fees, and a £1,200 administration fee is payable on exchange of contracts. The property is being sold with vacant possession, and buyers are advised to rely solely on their own enquiries.