Land for sale

Located on the outskirts of the small village of Woolverton lies this versatile parcel of agricultural land that, subject to gaining any of the relevant consents, would suit a wide variety of uses and requirements.

The land is held in a single enclosure surrounded by mature hedges. There is a good road access point in the northern most corner with a further road entrance along the same boundary.

Having been part of an arable rotation the land now lies fallow and requires some cultivation to bring it back into production.

In total the field extends to approximately 17.37 acres.
 

BASIC PAYMENT SCHEME The land is eligible for payments under the current Basic Payment Scheme. The current owner will submit the claim in May 2021 and will retain the payment. The entitlements will be included in the sale and will be transferred to the buyer on completion, or as soon after as possible subject to the transfer window, at a fee of £150 plus VAT. The buyer will agree to comply with the cross compliance requirements for the remainder of the year. 

COMPLETION Grant of Probate has not yet been received by the sellers and as a result completion will be delayed until this has been received. It is anticipated that this will be towards the end of July 2021. Once received the buyer will be required to complete within 10 working days. However, the buyer will be granted access to the land before completion to enable the land to be cultivated. 

UPLIFT CLAUSE The land will be sold subject to an uplift clause with a term of 40% to last for a period of 25 years. Consent relating that to Agricultural Horticultural or Equestrian Use or buildings and facilities used for those purposes will not trigger the uplift clause. 

SERVICES Mains water is connected to the land via a water trough just inside the gateway. However, potential purchasers must rely on their own enquiries regarding the adequacy of the supply. 

RIGHTS OF WAY There are no public rights of way that cross the land. 

DEPOSIT On conclusion of the auction, successful bidders will be required to pay to the solicitor acting for the vendor a deposit of 10% of the purchase price within 24 hours at the fall of the electronic gavel. Please contact the solicitor directly prior to the auction to discuss suitable method of payment if you are unsure. 

BIDDERS REGISTRATION Cooper and Tanner requires all bidders who wish to bid at our Auction to Register beforehand. A fixed Bidders Registration Fee of £1200 inc VAT per lot must be paid on registration. The fee is retained by Cooper and Tanner at the fall of the electronic gavel if a bidder is successful. The fee will be returned to all unsuccessful bidders.

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.
Please use the link to register to bid for this lot.
 

SOLICITOR Mogers Drewett, Wells
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Georgie Collett acting


Marketed by: Cooper & Tanner, Frome