A former gun tower in the mouth of the River Medway is one of the most unusual lots on offer at Savills’ upcoming September auction.
The mid-19th century Grain Tower on the Kent coast has a guide price of £150,000 and is expected to generate a lot of interest, according to Savills Auctions director Jeremy Lamb.
“There is always excitement when unusual lots come along as they have a special power to capture the imagination,” said Lamb. “We’ve had water towers and military sea forts in our sales in the past, but this gun tower is a first. A blank canvas with heaps of history and phenomenal sea views, not to mention its coveted No 1 the Thames address.
“Historically, rare lots like this have seen significant interest in our auctions. Last summer, the hammer came down on Bull Sand Fort in the Humber Estuary at nearly 10 times guide price after attracting bids from around the world and the year before that we auctioned a water tower in Essex which has since received permission for residential use and a chance to design a once in a life time property.”
The catalogue for the 20 September auction features more than 220 lots across the UK, including residential, commercial and development opportunities.
