Farm Land
£50,000
Watchwell Drove, Glastonbury, Somerset

Description

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Description

A single enclosure of level pastureland extending to approximately 10.95 acres (4.43 hectares). Benefiting from both direct highway access and natural water supply. Bound and divided by ditches and rhyne. Ideally suited for anyone with an agricultural, conservational or amenity interest, subject to any necessary planning consents required. The soil comprises ‘Fladbury 1’ with characteristics including river alluvium, stoneless clay type with a high level of ground water. Classified as Grade 4 on the Agricultural Land Classification Map.

Designations

The land is not situated within an AONB or SSSI or NVZ.

Uplift / overage clause

None.

Other Schemes

The land is not subject to any environmental or countryside stewardship schemes.

Footpaths and Rights of Way

Subject to a public footpath abutting northern boundary.

Completion

Completion has been set for 20th January 2025 or earlier by arrangement.

Fees

Potential buyers should be aware that there may be additional fees payable to the Vendor’s solicitor on completion of the sale, details of which will be contained within the auction pack for each lot. At the launch of the property onto the market this information is not always available and so interested parties must refer to the auction pack and satisfy their enquiries.

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.

Drainage Rates: £41.19 per annum (2025).

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

Solicitors

Mogers Drewett LLP, Sherborne

Telephone: 01935 811 635

Tracy Neal acting.

Tenure: Freehold with vacant possession.

VAT: The purchase price is not subject to VAT.

Viewing: At any reasonable time on foot with a set of the sale details.

Closest Postcode: BA6 8TT

What3words – stick.thanks.jugs

Ref: GPT/11269

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