Lot A - Guide Price: £550,000-£650,000

A well-proportioned bungalow and range of outbuildings, together with pastureland. The dwelling requires a programme of modernisation throughout and once completed would provide a comfortable family home. Alternatively, there may be an opportunity to further develop the site, subject to obtaining the relevant planning consents.

Please note that a report conducted in November 2022 revealed subsidence present within the front elevation of the dwelling. The Report is available on request, however, potential purchasers are advised to make their own enquiries/investigations and to satisfy themselves in this regard.

The accommodation comprises of 3 bedrooms, 2 reception rooms, 1 bathroom. The dwelling is principally surrounded by gardens laid to lawn, numerous outbuildings and three enclosures of pasture. Overall the property extends to 5.47 acres (2.21 hectares).

Description

For Sale by Auction on Wednesday 20th September 2023 at 12 midday at The Royal Bath and West Showground and via Livestream.

Broadmead Farm is an attractively located agricultural property, which comprises a bungalow and range of outbuildings, together with pastureland, in total, extending to approximately 11.57 acres. Previously operated as a small holding to which it is extremely well-suited. The land comprises of lime-rich loamy clay type soils enclosed by hedgerows and ditches. The adaptability of the property is complimented by farm buildings, which offer potential for either continued agricultural use or alternative use e.g. equestrian, holiday lets etc. (subject to the necessary planning consents). All lots benefit from direct access from council maintained highway.

Location

Situated on the rural outskirts of the village of Edington, with far-reaching views, not only over its own land, but also the adjoining countryside.

Edington is a traditional unspoilt village surrounded by beautiful Somerset countryside. The village has a thriving community spirit and is easily accessible to many larger settlements including Bridgwater, Street, Glastonbury, Wells and Taunton. Bath and Bristol are within commuting distance. The scholastic facilities are plentiful, with Catcott Primary School and secondary at Crispin school in Street. Private schooling at Millfield School, Glastonbury or Street and Wells Cathedral School.

Major communications are within easy reach; the M5 is within a 10-minute drive, providing access to Bristol, the midlands and southwest. Mainline railway station is situated at Bridgwater. Bristol International Airport is within 45 minutes’ drive, operating regular services to many European countries.

Lot B- Guide Price: £50,000-£60,000

Single enclosure of level pastureland extending approximately 4.36 acres (1.76 hectares). Direct Access and natural water supply.

Lot C- Guide Price: £20,000-£30,000

Single enclosure of level pastureland extending approximately 1.74 acres (0.70 hectares). Direct Access and natural water supply.

Fixture and Fittings

A number of fixture and fittings which are currently on site will not be included within the sale and will be removed prior to completion. A fixture and fittings schedule will be included within the auction legal pack.

Basic Payment Scheme and Environmental Stewardship agreements

No Basic Payment Scheme entitlements are included within the sale. The property is not subject to any environmental stewardship agreements.

Designations

The Property is not situated within an AONB, SSSI or Conservation area. The Property is not Listed.

Footpaths and Rights of Way

None.

Services

We understand mains water and electricity are connected. Private drainage to septic tank. Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.

Solicitors

Holly and Steer, Burnham-on-Sea

Telephone:[use Contact Agent Button]

Brendan Steer acting.

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 £1295 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.

Completion

Completion has been set for the 15th November 2023 or earlier by mutual consent.

Viewing

Lot A: Strictly by appointment only via Cooper and Tanner Glastonbury Office –[use Contact Agent Button]

Lot B and C: At any reasonable time on foot with a set of the sale details.

What3words:

Lot A-sounding.lifestyle.exists

Lot B-notes.snowy.jolt

Lot C-farmer.rebounder.gasp

Ref:JMM/10685