Offered for Sale in Two Lots

Description

An extremely attractive parcel of land and buildings, situated within the Mendip Hills AONB and extending to 3.48 acres (1.41 hectares) in total. Gently undulating in topography and offered for sale in two useful-sized lots. Benefiting from right of way track access leading directly from the Council highway, together with mains water supply and mains electricity to Lot A (currently disconnected). Bound and divided by natural hedgerows and stock-proof fencing. Ideally suited for anyone with an equestrian, agricultural, conservational or amenity interest, subject to any necessary planning consents required. The soil comprises freely draining base-rich type with high natural fertility. Classified as Grade 3 on the Agricultural Land Classification Map.

Lot A - Guide Price: £30,000 to £50,000

Single enclosure of pastureland and hard-standing extending to approximately 1.81 acres, together with range of structures comprising:

1. Stable Block – 4no. loose boxes (3.85m X 3.40m). Constructed of rendered block elevations under box profile clad roof. Tarmac apron to front.

2. Concrete block pig sty.

Mains water and electricity supply (electricity currently disconnected)

Lot B - Guide Price: £30,000 to £50,000

Extending to approximately 1.67 acres and held within a single enclosure. Mains water supply to cattle drinking trough.

Agents Note

Purchaser of Lot A will be required to erect and thereafter maintain, within 6 weeks of completion, a stock-proof fence between points labelled ‘X’ and ‘Y’ on sale plan opposite. Further details contained within auction Legal Pack.

Basic Payment Scheme (BPS) and Other Schemes

Not registered for the BPS. The land is not subject to any environmental or countryside stewardship schemes.

Uplift Clause

Lots A and B will be sold subject to an uplift clause in relation to residential development. Further details contained within the auction Legal Pack.

Footpaths and Rights of Way

Not subject to any footpaths or rights of way.

Completion

Completion has been set for Wednesday 16th November 2022 or earlier by arrangement.

Registering to bid and Administration fee

Cooper and Tanner requires all bidders who wish to bid at our Auction to register beforehand, whether you are intending on bidding in the room, by proxy or online. As part of the registration process, you will be asked to provide card details in order that the Buyer’s Administration Fee of £1260 inc VAT per lot can be paid if you are successful. A week before the auction a hold will be placed on your account for this sum, which will then be released if you are unsuccessful. This fee will only be taken if you are the successful buyer. The fee is retained by Cooper and Tanner and does not form part of your deposit or completion settlement. Please also be aware that the Buyer’s Administration fee is payable per lot purchased. If you are successful in purchasing more than one lot, we will contact you following the auction to take subsequent payments for additional lots bought. All checks required by current anti-money laundering legislation must be satisfactorily completed, as part of the registration process before prior approval to bid will be granted; this will include providing proof of funds.

Deposit

Successful bidders will be required to pay to the Cooper and Tanner Client Account the deposit of 10% of the purchase price within 24 hours of the auction. The account details will be provided to the successful bidder on conclusion of the auction. Once funds are cleared, they will be transferred on to the account of the solicitor acting for the seller. Please ensure that funds are in an account suitable to be able to make an Electronic Transfer from.

Solicitors

Berry Redmond Gordon & Penney, Winscombe

Telephone:[use Contact Agent Button]

Vanessa Dawson acting

Local Council: North Somerset Council. Telephone:[use Contact Agent Button]

Services: Mains water supply to both Lots. Mains electricity supply (disconnected) to Lot A. Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.

Tenure: Freehold with vacant possession.

VAT: The purchase price is not subject to VAT.

Viewing: At any reasonable time on foot with a set of the sale details. The postcode for the nearest property is BS29 6NX.

Drainage Rates: Not applicable.