Farm land for sale
Key information
Property description & features
- Tenure: Freehold
- For sale by auction - Thursday 15th August 2024, 12pm
- The Theatre, The Royal Bath and West Showground, Shepton Mallet
- Bidding available in person, by livestream or by proxy
- Auction guide price £50,000 to £55,000*
- Approximately 2.2 acres
- Timber field shelter and barn
- Right of way access
- Ideal for use as a pony paddock
- Close to the edge of the village
For sale by public auction. Thursday 15th August 2024, 12pm. The Theatre, The Royal Bath and West Showground, Shepton Mallet. Bidding in person, by proxy or online via livestream. Auction guide price £50,000 to £55,000*. Approximately 2.2 acres of pasture land located on the outskirts of the village. Ideal for use as pony paddock.
Description
This super, versatile parcel of pasture land offers a wide range of opportunities and would be suited to a variety of uses including equestrian, agricultural, conservation or amenity, subject of course to gaining any of the necessary consents.
The current owners have used the land for many years for their own horses and have erected a timber field shelter and barn, both of which are now in need of repair.
The land is undulating in aspect and was formerly quarried for the stone, as was much of the local area.
The western boundary is formed by Pitts Wood giving some lovely natural shelter. Access is gained from Chelynch Road via a right of way over the driveway of the adjoining property.
Rights of way
There is a single footpath running through the land as shown by the broken green line on the location plan.
Planning
The land will be sold subject to an uplift clause of 25% to last for a period of 25 years to be triggered by the grant of consent for any residential or commercial consent. Details of which will be included in the auction pack.
Local Council
Somerset
Services
None connected Interested parties must rely on their own enquiries regarding any services and making a connection into them.
Tenure
Freehold and vacant possession.
Completion
Completion has been set for Thursday 12th September 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, 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 £1350 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.
Solicitors
Thatcher and Hallam, Midsomer Norton
Melanie Harrison acting. [use Contact Agent Button]
Property information from this agent
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Property reference 27899951. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Cooper & Tanner - Frome.
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