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£100,000

Dummis Lane, Wookey, Wells, BA5

  • 0 beds
Other

£100,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£457 per month

Minimum deposit amount:

£5,000
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Description

An extremely attractive parcel of land, which is nestled within within a secluded and peaceful location. Boasting amazing views over open countryside and mains water supply to cattle drinking trough. The land offers various opportunities including agriculture, equestrian and amenity (subject to necessary planning consents) and extends to approximately 11.09 acres (4.49 hectares). Access is taken from Dummis Lane (track), which leads directly from the Council maintained highway. The plot is level to gently undulating in topography and bound and divided by a mixture of natural hedgerows and stock-proof fencing. The soil is classified as Grade III on the DEFRA land classification map. The Lot is being offered for sale with no uplift/overage clause.

Designations

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

Environmental Stewardship Schemes

None

Footpaths and Rights of Way

None.

Solicitors

Chubb Bulleid Solicitors, Wells

Telephone: 01749 836 100

Emily Wilson acting.

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 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.

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.

VAT: The purchase price is not subject to VAT

Completion

Completion has been set for 12th June 2024 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 BA5 1LB.

What3words – quote.divides.tests.

Ref: GPT/10906

Local Council: Somerset Council. Telephone:0300 123 2224

Drainage Rates: None.

Services: We understand mains water is connected. Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.

Tenure: Freehold with vacant possession on completion.



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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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