A unique opportunity to purchase a detached period property in an idyllic rural setting, as a development or renovation project.

The building currently comprises three large downstairs room and an entrance hallway. Upstairs, there are another three large rooms, divided by the stairway and space for a small bathroom. All rooms look out onto the garden or have wide views of surrounding open pasture and countryside.

The house retains many charming period features such as a large inglenook fireplace and the original heavy oak floor beams and roof trusses.

It is not connected to a mains electricity supply. It currently has no supply of potable water and is subject to a closing order.

Outside

The property sits in a large plot of land under 1/3rd of an acre, which stretches in two directions. This land has potential for further development or use as additional parking.

Additional Information

Historically, the property has received planning approval for conversion to a four-bedroom house, with a two-storey extension, and the construction of a detached garage/store, shed, greenhouse and wind turbine. This planning permission was last renewed in 2003 and is believed to have elapsed.

Interested parties will need to make their own enquiries.

Completion

Completion has been set for 21st November 2024, or earlier by agreement.

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 and applicable to 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.

Local Council: Somerset Council

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Council Tax Band: N/A

Services: We understand mains water, gas, electricity and drainage are NOT connected. Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services. There is a private drainage system. Following building regulation changes to private drainage systems, potential purchasers must rely on their own enquiries regarding compliance, location of services and connections into them.

Tenure: Freehold with vacant possession.

VAT: The purchase price is not subject to VAT

Viewing: Strictly via Cooper and Tanner, Glastonbury office –[use Contact Agent Button]

Solicitors: Acorn Solicitors

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Jill Sinclair acting

Ref: GPT/TBC

What three words: ///hops.spud.shack

Website tags: auction-property, october-auction