Blatchbridge - Lot A

Description

Two lots of pasture land that offer buyer’s very different opportunities located in a lovely rural position close to the outskirts of the town.

Lot A. Approx 11.21 acres

As coloured red on the sale plan

Auction Guide Price £90,000 to £100,000

Arranged into two conveniently sized parcels, each one enclosed by mature hedges, the land benefits from gated road access at two points; one from the B3092 and the other from the land to the east.

The land is level in aspect and, subject to gaining the necessary consents, could suit a variety of uses including agricultural, equestrian, conservation or carbon offsetting.

Lot B. Approx 0.37 acres

As coloured blue on the sale plan

Auction Guide Price £5,000 to £8,000

A small parcel of level land, that is currently in need of cultivation, with good access from the lane. Enclosed by mature hedges and trees the land offers a variety of uses including amenity, conservation or an allotment, subject to gaining the relevant consent.

Basic Payment Scheme

The land is registered to receive entitlements under the Basic Payment Scheme. However, there are no entitlements to transfer.

Completion

Completion has been set for Wednesday 14th September 2022

Local Council

Mendip District Council

Services

Mains water is connected to Lot A via a single water trough and fed via a sub metered water supply. There are no services connected to Lot B. Potential buyers must rely on their own enquiries regarding the location of any supplies and making a connection into them.

VAT

The purchase price is not subject to VAT

Rights of Way

There are no rights of way, public or private, over either lot.

Viewing

At any reasonable time on foot with a set of the sale details. The postcode for the nearest property is BA11 5EL. Please be aware of livestock on the land and no dogs are to be taken on viewings.

Tenure

Freehold

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 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

Harris and Harris, Frome

Ben Monksummer acting