A PIECE of land where two billboards currently sit will go under the hammer in an upcoming auction.

The billboards are located on a corner site at the junction of School Road and Downing Road close to local shops and Tilehurst mainline station.

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The site is owned by advertising agency JCDecaux and is being sold by national property auctioneers Strettons on Thursday, October 29.

Reading Chronicle:

The 2,639 sq ft site is offered vacant with development potential (subject to obtaining all necessary consents) and has a guide price of £120,000 - £130,000.

Commenting on the site, Strettons’ auction director Andrew Brown said: “The plots are the latest in a series of land investment sites we have sold on behalf of JC Decaux.

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"Given their use as billboard locations, many of the sites sit in prominent positions so could suit a range of uses, from keeping them as advertising locations, to developing them into houses, subject to the necessary consents.”

Due to the ongoing Covid-19 social distancing regulations the October sale will be held remotely with internet, telephone and proxy bidding available.