Farm land

Thursday 28th March 2024, 12pm The Theatre, The Royal Bath and West Showground, Shepton Mallet Bidding in person, by proxy or online via livestream Guide Price £40,000 to £60,000.

This lot will be offered to the buyer of the cottage at a fixed price of £60,000 immediately on the fall of the hammer for the cottage. If they do not choose to exercise this option it will be offered as a separate lot. Immediately adjoining the garden is a paddock of approximately 1/2 an acre of pasture and copse that benefits from direct access from the public highway to the side and, subject to gaining any of the necessary consents would be suited to a variety of uses including garden extension or small holding. It is enclosed by a combination of post and wire stock fencing and mature hedges. It is predominantly level in aspect with a slight incline towards the eastern boundary and the copse.

Planning

Lot B will be sold with an uplift clause of 25% to last for a period of 80 years. Further details will be contained in the legal pack.

Completion

Completion has been set for Thursday 25th April 2024 or earlier by arrangement.

Registering to bid and Administration fee

Cooper and Tanner require all bidders who wish to bid at our Auction to register beforehand. 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. 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.