Lot A - Main Road (A372), Westonzoyland, TA7
- PROPERTY TYPE
Farm Land
- SIZE
Ask agent
Key features
- For Sale by Auction
- 12 midday on Thursday 24th October 2024
- The Theatre, The Royal Bath and West Showground, Shepton Mallet
- Lot A - 14.25 Acres
- Grade I / II arable land
- Single enclosure
- Potential long term value for alternative use (STPP)
- Guide Price: £150,000 to £200,000
Description
Description
Two parcels of Grade I/II arable land extending to approximately 24.33 acres (9.85 hectares) in total.
Bound and divided by a mixture of fencing, ditches and natural hedges and level in topography. There may be potential long term hope value for alternative use subject to obtaining the necessary planning consents. Ideally suited for anyone with an agricultural, investment, conservational and equestrian interest. The soil comprises of a slightly acidic loam and clay type, with the land currently under an arable rotation (Maize), but historically grown root crops i.e. potatoes and fodder beat.
Lot A - Guide Price: £150,000 to £200,000
Single enclosure of land extending to approximately 14.25 acres (5.77 hectares). Right of way access via a track.
Lot B - Guide Price: £100,000 to £140,000
Extending to approximately 10.08 acres (4.08 hectares). Right of way access from Shave Drove.
Order of Sale and Pre-emption (first refusal to purchase)
Lot A will be offered for sale first. Purchaser of Lot A will have the benefit of a pre-emption to purchase Lot B at a pro-rota £/acre price based on the sale price of Lot A, to a minimum of £140,000. The pre-emption purchase price of Lot B will be presented to the successful purchaser. Therefore, if bidding remotely please ensure your phone has signal. If the Purchaser of Lot A does not exercise the pre-emption to purchase Lot B, then Lot B will be offered for sale by auction immediately afterwards.
Designations
The land is not situated within AONB, Nitrate Vulnerable Zone (NVZ) or SSSI.
Environmental Stewardship Schemes
None.
Footpaths , Rights of Way, wayleaves and Easements
None
Uplift / overage clause
None.
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 £1,350 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 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.
Services: Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.
Drainage Rates: Lot A- £34.98 per annum
Lot B- £9.16 per annum
Viewing: At any reasonable time, on foot only and with a set of the sale details.
Closest Postcode: TA7 0ES
What3words – Lot A Vase.inhaled.chesnuts
Lot B richly.waxer.replenish
Solicitors
Pardoes, Bridgwater
Telephone:
Sarah Gratton acting.
Completion
Completion has been set for 21st November 2024 or earlier by arrangement.
Tenure: Freehold with vacant possession.
VAT: The purchase price is not subject to VAT
Ref: RAW/10890
Solicitors
Pardoes, Bridgwater
Telephone:
Sarah Gratton acting.
Completion
Completion has been set for 21st November 2024 or earlier by arrangement.
Tenure: Freehold with vacant possession.
VAT: The purchase price is not subject to VAT
Ref: RAW/10890
Website tags: auction-property, october-auction
Brochures
Brochure 1Lot A - Main Road (A372), Westonzoyland, TA7
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bridgwater Station3.2 miles
Notes
Disclaimer - Property reference 28212593. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cooper & Tanner, Glastonbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Cooper & Tanner, Glastonbury on 01458 552262.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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