This property is no longer on the market
Farm land
Key information
Property description & features
- Tenure: Freehold
- For Sale by Auction
- Wednesday 15th June 2022 at 12pm
- Bidding available in person, by livestream or by proxy
- Lot C - 4.56 acres
- Direct highway access and natural water supply
- Single enclosure of land
Description
13.72 (5.54 hectares) of level of pastureland, held within three useful sized enclosures. Benefiting from direct highway access and benefiting from either mains or natural water supply. Bound and divided by ditches. Ideally suited for anyone with an agricultural, conservational or amenity interest, subject to any necessary planning consents required. The soil comprises ‘Fladbury 1’ with characteristics including river alluvium, stoneless clay type with high level ground water. Classified as Grade 4 on the Agricultural Land Classification Map.
Lot A - Guide Price: £30,000 to £40,000
Single enclosure of level pastureland extending to approximately 4.65 acres (1.88 hectares). Direct highway access and mains water supply feeding cattle drinking trough. The purchaser will be required to install a water meter and notify Bristol Water of a change in ownership of the land within 4 weeks of completion.
Lot B - Guide Price: £30,000 to £40,000
Extending to approximately 4.51 acres (1.82 hectares) and held within a single enclosure. Direct highway access and natural water supply.
Lot C - Guide Price: £30,000 to £40,000
Benefiting from direct highway access and extending to approximately 4.56 acres (1.84 hectares). Single enclosure. Level in aspect and with natural water supply.
Basic Payment Scheme (BPS) and Other Schemes
The land is registered for the BPS and entitlements are available to purchase under separate negotiation. The land is not subject to any environmental or countryside stewardship schemes.
Footpaths and Rights of Way
Lot C is subject to a public footpath abutting the southern boundary of the plot. Any gate which links a lot to a neighbouring parcel of land will be closed on completion, with no rights of access given.
Completion
Completion has been set for Wednesday 18th July 2022 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 £1260 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
Porter Dodson Solicitors, Taunton
Telephone:[use Contact Agent Button]
Lorna Graham acting.
Local Council: Mendip District Council. Telephone:[use Contact Agent Button].
Services: We are informed the mains water supply for Lot A runs along the western boundaries of Lots B and C. There may be a potential opportunity to make a connection into this supply, however, this will be subject to consent from Bristol Water. Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.
Tenure: Freehold with vacant possession.
VAT: The purchase price is not subject to VAT.
Viewing: At any reasonable time on foot with a set of the sale details. The postcode for the nearest property is BA6 9LA.
Drainage Rates:
Lot A: £16.63 per annum
Lot B: £16.08 per annum
Lot C: £16.72 per annum
Ref: GPT/10509
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