Description
Approximately 13.72 acres (5.55 hectares) of gently sloping pastureland, including a very useful building. Offered for sale in three lots and boasting outstanding views over neighbouring countryside, being situated within the Mendip Hills Area of Outstanding Natural Beauty (AONB). Access to each lot is taken directly from either Back Lane and Mares Lane, both are Council maintained highways. Enclosures are bound and divided by a mixture of ditches, stock-proof fencing and natural hedges. Ideally suited for anyone with an agricultural, equestrian or amenity interest, subject to any necessary planning consents, which may be required. The soil comprises of freely draining, base-rich loam type, which is Classified as Grade III according to the DEFRA Land Classification Map.
Lot A - Guide Price: £120,000 to £170,000
Single enclosure of pastureland extending to approximately 3.22 acres (1.30 hectares). Including a useful agricultural building (1,130ft²) constructed with corrugated clad elevations under an asbestos sheet roof. Direct access from Back Lane.
Lot B - Guide Price: £120,000 to £170,000
Extending to approximately 5.14 acres (2.08 hectares) and held within a single enclosure. Direct highway access.
Lot C - Guide Price: £120,000 to £170,000
Benefiting from direct highway access. Extending to approximately 5.36 acres (2.17 hectares). Subdivided into three enclosures.
Uplift Clause
None.
Basic Payment Scheme (BPS) and Other Schemes
No BPS entitlements are included within the sale of any lot. We are unaware that any lot is subject to environmental or countryside stewardship schemes.
Designations
Situated within an AONB. Not situated within a SSSI, NVZ or Conservation Area.
Agents Note
The successful Purchaser of Lot A will be required to erect and thereafter maintain, within 16 weeks of completion, a stock-proof fence between points labelled ‘x’ and ‘y’ on sale plan opposite. Further details contained within auction Legal Pack.
Footpaths and Rights of Way
No footpaths. Details of any further rights of way (if applicable) will be contained within the auction legal pack.
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 £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 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
Harris and Harris Solicitors, Wells
Maisie Priscott acting
Telephone: 01749 674 747
Local Council: Somerset Council. Telephone:0300 123 2224.
Services: A water and drainage search will be included within the auction legal pack. Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.
Drainage Rates: Not applicable.
Completion: Completion has been set for 12th June 2024 or earlier by agreement.
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.
Nearest Postcode – BA5 1HZ
What3words (Lot A) – geology.tutorial.insisting.
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