Farm land

For sale by public auction. Tuesday 26th November 2024, 12pm. The Theatre, The Royal Bath and West Showground, Shepton Mallet. Bidding available in person, by proxy or online via livestream. Auction guide price £100,000 to £115,000*. A versatile parcel of approximately 7.04 acres of pasture land set on the outskirts of the village and benefitting from a secluded position. Ideally suited to a conservation, equestrian or small holding use.

Description

We are delighted to be able to offer for sale this charming parcel of agricultural land located right on the outskirts of the village.

The land is level in aspect and is bound and divided by a combination of mature hedges and trees and stock fencing The land is held in two enclosures with a stream running through, providing an excellent source of water for livestock, which then feeds into the River Frome which forms the northern boundary.

There is a good, gated access into the land via the driveway leading to Tynemead Farm.

Subject to gaining any of the necessary consents the land would be ideally suited an equestrian, small holding or perhaps conservation use.

Agents note

Please be aware that there is an area of Himalayan Balsam along the riverbank.

Rights of way

There are no rights of way through the land, public or private.

Planning

The land will be sold subject to an uplift clause of 25% to last for a period of 25 years. Full details are contained within the auction pack.

Local Council

Somerset Council (Mendip)

Services

There are no services connected to the land and potential purchasers must rely on their own enquiries with regard to any services and making any connections into them. Please be aware that water is supplied to Witham Friary via a private supply coming from the Duke of Somerset Estate and so enquiries regarding any connection into the water supply will need to be directed to the Estate Office.

Tenure

Freehold and vacant possession

VAT

The purchase price is not subject to VAT

Viewing

At any reasonable time on foot with a set of the sale particulars paying attention to any livestock on the ground. Please park so as not to cause a nuisance to the neighbouring residential properties.  

On entering the village of Witham Friary from the Trudoxhill direction, take the first left just after the first row of houses and then bear right where the track splits. The gate to the land will be found on the right hand side. What3words: commuting.definite.erupt

Completion

Completion has been set for Tuesday 17th December 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

Helen Starkie, Bath

Helen Starkie acting [use Contact Agent Button]

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