Farm land
Key information
Features and description
- Tenure: Freehold
- Auction 25th October 2023, 12 midday Bath and West Showground, Shepton Mallet and livestream
- Mains water and electricity connected
- Building A (108m²)
- Building B (67.5m²)
- 0.58 acres
Description
A rare and exciting opportunity to purchase a parcel of land with buildings, situated on the outskirts of Burtle within a peaceful location. The plot extends to approximately 0.58 acres and has the benefit of mains water and electricity supply, as well as direct access from the Council maintained highway. With reference to the sale plan opposite, the structures on site comprise -
Building A (108m²) – Timber framed with ad hoc construction. Concrete floor. We are informed part of the building was occupied as a residential dwelling for in excess of 40 years. Purchasers are strongly advised to make their own enquiries to satisfy themselves in relation to any planning permissions or potential development opportunities. A Local Authority search will form part of the Legal Pack and will include any historic planning consents (if available). The remainder of the building was used as stables.
Building B (67.5m²) – Used for storage. Ad hoc construction.
The buildings and land require a complete programme of maintenance/clear back; however, potentially offer an opportunity for a variety of uses, subject to any necessary planning consents. The property is not listed or situated within a SSSI.
Agents Note
The owner of the field adjoining the southern boundary has an easement over the eastern boundary of Little Acre, in order to lay a water pipe and electricity cable (mains connection subject to necessary consents). Further details contained within the Legal Pack.
Uplift / overage clause
None
Footpaths and Rights of Way
Local Council: Somerset Council. Telephone:[use Contact Agent Button]
Drainage Rates: £3.85 per annum (2023)
Services: We understand mains water and electricity are connected. Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.
Council Tax Band: Entry deleted.
Tenure: Freehold with vacant possession.
VAT: The purchase price is not subject to VAT
Completion
Completion has been set for 22nd November 2023 or earlier by agreement.
Viewing: At any reasonable time on foot only and with a set of the sale details. Please be aware that you enter the property at your own risk and that there are a number of objects onsite which are trip hazards. Please do not touch any electrical apparatus.
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 £1295 inc VAT 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 and for all pre-auction sales. 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
Chubb Bulleid, Wells
Emily Wilson acting
Telephone:[use Contact Agent Button]
Ref: GPT/9503
Website tags: land-property, development-property, auction-property, octoberauction