Farm Land
£10,000
Lot A - Cossington Right Drove, Chedzoy, Somerset

Description

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Description

Two attractive parcels of pastureland located within a secluded position and surrounded by idyllic countryside. Access is taken via a right of way over Cossington Right Drove (track). Both lots benefit from natural water supply and are bound by ditches. The soil comprises of fen peat soils classified as Grade 2 on the DEFRA Land classification map. The land is subject to an Agricultural Holdings 1986 Act tenancy, we advise any potential purchasers make themselves fully aware of the tenancy terms.

Lot A - Guide Price: £10,000 to £20,000*

A single enclosure of pastureland extending to approximately 12.63 acres. Access is taken via a right of way over Cossington Right Drove (track). Current passing rent £500 per annum.

Lot B - Guide Price: £3,000 to £8,000*

Extending to approximately 4.25 acres and held within a single enclosure. Comprising pastureland and level in topography with access taken via a right of way over Cossington Right Drove (track). Current passing rent of £180 per annum.

Uplift Clause

None.

Footpaths and Rights of Way

Not subject to any public footpaths. Full details of any other rights of way (if applicable) are contained within the auction legal pack.

Designations

The land is not situated within an AONB, Nitrate Vulnerable Zone (NVZ) or SSSI.

Solicitors

Portor Dodson

Ben Hingley acting

Telephone: 01823 625800

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 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 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.

Tenure: Freehold subject to Agricultural Holdings Act Tenancy.

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.

Closest postcode: TA7 9AR

What3words – Lot A: sideboard.infinite.minimums

Lot B: district.plunge.reverses

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