Farm Land
£75,000
Redlands Lane, Edington, Somerset

Description


Description

Single enclosure of land extending to approximately 7.27 acres (3.91 hectares) with direct access taken from Redlands Lane. There is the partial remains of a redundant stone structure within the southeastern corner of the plot. There may be potential long term hope value for alternative use subject to obtaining the necessary planning consents. Interested parties are advised to make their own enquiries with regard to any potential for alternative development.

The plot is principally level in topography and bound and divided by a mixture of natural hedgerows and stock-proof fencing. The soil comprises shallow lime-rich type over chalk or limestone. Freely draining with lime-rich natural fertility. The soil is classified as Grade III on the DEFRA land classification map.

Uplift Clause

None.

Designations

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

Environmental Stewardship Schemes

None.

Footpaths and Rights of Way

Not subject to any footpaths. Further details of any other rights of way (if applicable) will be contained within the auction legal pack.

Flood Risk

Low risk flood designation.

Local Council: Somerset Council.

Drainage Rates: Not applicable.

Services: Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services. Further information contained within the auction legal pack.

Tenure: Freehold with vacant possession.

VAT: Purchase price not subject to VAT.

Completion: 2nd June 2026 or earlier by arrangement.

Viewing: : At any reasonable time on foot with a set of the sale details. The postcode for the nearest property is: TA7 9JP.

What3Words: happening.tastings.foil

Solicitors: HK Law, Dorchester

Katherine Jones acting.

Telephone: 01305 252570

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 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.

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.

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.

Website tags: auction-property, may5-auction, land-property

Cooper & Tanner

Cooper & Tanner

41 High Street
Glastonbury
Somerset
BA6 9DS

+44 (0)1458 831077

Reference: 30088812

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