Farm Land
£35,000
Edington, Somerset

Description

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Lot B - Guide Price: £35,000 to £45,000

Extending to approximately 7.55 acres (3.06 hectares). Single enclosure and with direct access from the Council maintained highway known as Edington Road. Natural water supply.

Lot A - Guide Price: £55,000 to £65,000

Single enclosure of land extending to approximately 11.72 acres (4.74 hectares). Direct access from Moorclose Drove (track) leading from the Council maintained highway. Mains water supply.

Description

Two parcels of level permanent pastureland Ideally suited for anyone with an agricultural or conservational interest, subject to any necessary planning consents required. The land is situated within the Catcott, Edington and Chilton Moors SSSI.

Basic Payment Scheme (BPS) and Other Schemes

No BPS entitlements are included within the sale. Not subject to any environmental or countryside stewardship schemes.

Uplift Clause

None.

Footpaths and Rights of Way

Not subject to any footpaths or rights of way.

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.

What3words (Lot A) – include.clerk.envisage.

Closest Postcode: TA7 8NX

Local Council: Somerset Council. Telephone: 0300 123 2224

Services: Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.

Drainage Rates: Lot A: £19.25 per annum

Lot B: £17.73 per annum

Completion

Completion has been set for 13th September 2023 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 £1295 inc VAT per lot 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.

Solicitors

Chubb Bulleid, Wells

Emily Wilson acting

Telephone: 01749 836 100