Land for sale
Key information
Property description & features
- For Sale by Online Auction
- About 24 Acres of Land
- Mains Water Connection
- Direct Access to A38
- Auction Guide Price £300,000 - £350,000
- Freehold
Method Of Sale - The property will be offered for sale by Online Auction (unless sold prior). The auction end date is Tuesday 27th August 2024 at 5pm. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. the property can be accessed via our website - Online Property & Land Auctions.
Situation - The land is situated about 4.7 miles north east of Taunton town centre and lies north of the A38 at Walford. The A38 runs in parallel to the M5 and connects Taunton in the South west to Bridgwater in the North.
The surrounding countryside is varied and comprises productive agricultural land, commercial development and residential development at Monkton Heathfield and Bathpool.
Taunton is a popular town with an abundance of services, amenities, shops, leisure facilities and hospitality venues matched to its vibrant population.
Introduction: Auction Guide £300,000 - £350,000 - The land lies to the North of the A38 at Walford and comprises predominately level pasture with a number of large mature in-field trees.
The land benefits from road side frontage to the South and is surrounded by boundaries of mature hedges.
There is a stream which forms the eastern boundary
The soil is characterised as slightly acid loamy and clayey. The land is classed as Grade 1.
Services - Mains water connected
Access - There are two points of access to the land from the public highway
Tenure And Possession - Freehold with vacant possession on completion
Local Authority - Somerset Council ()
Sporting And Mineral Rights - The sporting and mineral rights insofar as they are owned are included with the freehold.
Wayleaves, Easements & Rights Of Way - The property is sold subject to and with the benefit of any wayleave agreement and any public or private rights of way that may affect it.
There are private rights of way over the driveway.
Plans & Boundary Fences - A plan which is not to scale, is included with these sale particulars for identification purposes only. The vendor shall not be called upon to define the ownership of boundary fences.
Designations - Part of the land is in a flood risk zone.
The land is situated within a Nitrate Vulnerable Zone
Completion Date - The completion date will be 20 working days (not including weekends or Bank Holidays) after the auction or as dictated by the solicitor.
Definition Of Auction Guide And Reserve - Guide price(s) are an indication of the seller's expectation.
Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction
We expect the reserve will be set within the guide range.
Guide prices may change at any time prior to the auction.
Buyers & Administration Fee - Traditional Online - The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a 'buyers fee' of £2,400 (inc VAT) is retained by Stags/Bamboo Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.
An additional 'administration' fee of £1,200 including VAT will be payable by the successful purchaser immediately after the auction.
Deposit Payment - The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly.
The remainder of the 10% deposit payment is handled by the buyer's solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.
Proof Of Identity - Under Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction. There will be a requirement for all bidders to register via the online sales site and complete the ID checks. There is no charge for administration.
Auction Legal Pack - Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. Prospective purchasers will need to register with the Bamboo online platform in order to download the legal pack. It is the purchaser's responsibility to make all necessary enquiries prior to the auction. Prospective purchasers are strongly advised to inspect the legal documentation, this will/may contain material information regarding the property, and to consult legal advice prior to bidding
Vendor's Solicitor - Porter Dodson FAO Mrs Michelle Mallon, The Quad, Blackbrook Park Avenue, Taunton, Somerset, TA12PX
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Viewing - Strictly by appointment only. Please contact Stags Farm Agency on[use Contact Agent Button].
Directions - From Deane Gate at Taunton follow the A358 and take the junction onto Bridgwater Road, signposted "Bridgwater A38". Follow Bridgwater Road onto the A38 and continue through each roundabout until the road becomes a duel carriageway. The land can be found on the right after about 500 yards.
Warning - Farms and land can be dangerous places. Please take care when viewing the property, particularly in the vicinity of farm buildings and livestock.
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Property reference 33247770. 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 Stags - Exeter, Farm Agency.
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