Farm Land
£35,000
Heath House, Wedmore, Somerset

Description

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Description

Single enclosure of level permanent pastureland, extending to 6.5 acres (2.63 hectares). Well situated, being within easy access of principal roads of communication and the village of Wedmore

Ideally suited for anyone with an agricultural or conservational interest, subject to any necessary planning consents required. The land is situated within the Tealham and Tadham Moors SSSI.

Soil comprises a fen peat type which is Classified as Grade III on the DEFRA Land Classification Map.

Benefiting from direct drove access leading from the Council maintained highway.

Environmental Stewardship Schemes

The land is subject to a Higher Level Stewardship agreement expiring 2028. Options A13, HK9, HK19. Annual payment £1,091. Purchasers have the option to continue with the existing HLS agreement or exit out of it post completion. Further details contained within the Legal Pack.

Uplift Clause

None.

Footpaths and Rights of Way

Not subject to any footpaths or rights of way.

Solicitors

Mogers Drewett, Wells

Frank Collins acting

Telephone: 01749 342 323

Completion

Completion has been set for 10th July 2025 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 £1,395 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 on 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.

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: £25.84 per annum (2023)

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 – loom.episodes.audit

Ref: RAW/JMM/11129

Website tags: auction-property, june-auction, land-property