Perry Hill - Lot B

Description

Two attractive parcels of land, which are level to gently sloping in topography and boast far-reaching views over neighbouring countryside. Ideally suited for anyone with an equestrian, agricultural, conservational or amenity interest, subject to any necessary planning consents required. The land has most recently formed part of an arable rotation and will be re-seeded with a 5-year grassland ley prior to completion. The soil comprises a lime-rich loam and clay type with high natural fertility. Classified as Grade 3 on the Agricultural Land Classification Map.

Lot A - Guide Price: £60,000 to £90,000

Single enclosure of land extending to approximately 7.7 acres (3.11 hectares). Mains water supply available and direct highway access from Perry Hill.

Lot B - Guide Price: £60,000 to £90,000

Extending to approximately 6.86 acres (2.77 hectares). Right of way access (shaded blue on sale plan) over hardcore track leading from the Council maintained highway. Held within a single enclosure and has the availability of mains water supply.

Agents Note

1. Lot A Purchaser will be required to erect and thereafter maintain, within 6 weeks of completion, a stock-proof fence between points labelled ‘X’ and ‘Y’ on sale plan opposite. Further details contained within auction Legal Pack.

2. Lot A and B Purchasers will be required, within 4 weeks of completion, to install a water meter on the supply pipe and pay the Seller for all water consumed at a rate set by Wessex Water. Further details contained within auction Legal Pack.

Basic Payment Scheme (BPS) and Other Schemes

Registered for the BPS and entitlements are available under separate negotiation. The land is not subject to any environmental or countryside stewardship scheme.

Restrictive Covenant

Sold subject to a restrictive covenant preventing use in connection with intensive poultry or pig production. Further details contained within the auction Legal Pack.

Uplift Clause

None.

Footpaths and Rights of Way

Not subject to any footpaths or rights of way.

Completion

Completion has been set for Wednesday 16th November 2022 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 £1260 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. 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.

Solicitors

Clarke Willmott, Taunton

Helen Lock Acting

Telephone:

Local Council: South Somerset Council. Telephone: .

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

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. The postcode for the nearest property is TA11 7EL.

Drainage Rates: Not applicable