Lot A - Pillmead Lane, Wedmore, BS28

Description

Two extremely attractive parcels of pastureland and former cider orchard, located within a secluded position and surrounded by idyllic countryside. Topography is level to each lot, with access taken directly from the Council maintained highway known as Pillmead Lane. Ideally suited for anyone with a smallholder or amenity interest, subject to any necessary planning consents which may be required. The soil comprises a loam and sandy type classified as Grade 3 on the DEFRA Land classification map.

Lot A - Guide Price: £30,000 to £50,000*

Single enclosure of pastureland extending to approximately 1.26 acres (0.51 hectares). Natural water supply

Lot B - Guide Price: £30,000 to £50,000*

Extending to approximately 0.88 acres (0.36 hectares) and held within a single enclosure. Comprising pastureland interspersed by a number of mature cider apple trees.

Environmental Schemes

We are unaware either lot is subject to any environmental or countryside stewardship schemes.

Uplift/Overage Clause

None.

Footpaths and Rights of Way

None.

Designations

The land is not situated within an AONB, Nitrate Vulnerable Zone (NVZ) or Site of Special Scientific Interest (SSSI).

Completion

Completion has been set for the 16th July 2024 or by earlier agreement.

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.

Solicitors

John Hodge Solicitors, Wedmore

Telephone: 01934 713 030

Magdalena Neale acting.

Apart from search costs, The successful Buyer to cover the sellers legal fees in the sum of £1,650 plus VAT for LOT A and £1,500 plus VAT for LOT B. 

Local Council: Somerset Council. Telephone: 0300 123 2224.

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

Drainage Rates:

Lot A - £5.16 per annum

Lot B - £3.54 per annum

Tenure: Freehold with vacant possession.

VAT: The purchase price is not subject to VAT.

Viewing: At any reasonable time, on foot only and with a set of the sale details.

Closest Postcode: BS28 4EP.

What3words (Lot A) – forget.lectures.ushering

Ref: GPT/10927