Farm land
Key information
Features and description
- Tenure: Freehold
- For Sale by Auction
- The Theatre, The Royal Bath and West Showground, Shepton Mallet
- 12 midday on Tuesday 26th November 2024
- Two enclosures
- Natural water supply
- Direct access from council maintained highway
- Guide Price: £30,000 to £40,000
- 3.36 acres of level pastureland
Description
Approximately 3.36 acres (1.36 hectares) of level pastureland held within two useful sized enclosures. Access is taken directly from the Council maintained highway known as Aller Drove and the plot has the benefit of natural water supply. Bound by a mixture of natural hedges and ditches. Would Ideally suit anyone with an agricultural, equestrian, conservation or amenity interest, subject to any necessary planning consents required. The soil comprises a shallow lime-rich type, which is Classified as Grade III according to the DEFRA Land Classification Map.
Designations
The land is not situated within AONB, Nitrate Vulnerable Zone (NVZ) or SSSI.
Environmental Stewardship Schemes
None.
Footpaths , Rights of Way, wayleaves and Easements
Subject to a right of way (highlighted blue on sale plan) in favour of neighbouring land. Full details contained within the auction legal pack. Not subject to public footpaths.
Uplift / overage clause
The land will be sold subject to an existing overage clause. Full details of the overage will be contained within the auction legal pack.
Completion
Completion has been set for 17th December 2024 or earlier by arrangement.
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 £1,350 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 on 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 Solicitors, Wells
Telephone:[use Contact Agent Button]
Emily Wilson acting.
Local Council: Somerset Council.
Services: Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.
Drainage Rates: TBC
Tenure: Freehold with vacant possession.
VAT: The purchase price is not subject to VAT
Viewing: At any reasonable time, on foot only and with a set of the sale details.
Closest Postcode: TA10 0QT
What3words – tumblers.ears.door
Ref: GPT/11022
Website tags: auction-property, november-auction, land-property