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4.53 acres, Land at Burcott Lane, Burcott, Wells, Somerset
For Sale By Auction - Guide Price £45,000

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• For Sale by Auction
• Thursday 20th February 2025
• 12 Midday
• The Royal Bath and West Showground
• 4.53 acres of level pastureland
• Natural water via in-field pond
• Single Enclosure
• Guide Price: £45,000 to £65,000

Description

Approximately 4.53 acres (1.83 hectares) of level pastureland held within a single enclosure. Access is taken directly from the Council maintained highway known as Burcott Lane and the plot has the benefit of natural water via an in-field pond. The plot is bound by a mixture of natural hedges and ditches and would Ideally suit anyone with an agricultural, equestrian, conservation or amenity interest, subject to any necessary planning consents required. The soil comprises an acidic loam and clay type, which is Classified as Grade III according to the DEFRA Land Classification Map.

Designations

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

Environmental Stewardship Schemes

None.

Footpaths , Rights of Way, wayleaves and Easements

Not subject to any public footpaths. Full details of any other rights of way (if applicable) are contained within the auction legal pack.

Uplift / overage clause

None.

Completion

Completion has been set for 20th March 2025 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 £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 on 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

Thatcher and Hallam, Midsomer Norton

Telephone: 01761 414 646

Local Council: Somerset Council.

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

Drainage Rates: £18 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: BA5 1NG

What3words – grants.richer.tightrope

Ref: GPT/11022