For Sale By Auction - £110,000 - 15.44 acres, Lot B - Combwich Road, Combwich, Cannington

Cannington

Cooper & Tanner LLP

Cooper & Tanner LLP
41 High Street, , Glastonbury, Somerset BA6 9DS

Tel:01458 831077
E-mail: glastonbury@cooperandtanner.co.uk

Cannington Cannington Cannington Cannington
Cannington

Second Edition: 3rd April 2025 Description Five parcels of Grade III pastureland extending to approximately 30.18 acres (12.20 hectares) in total. Bound and divided by a mixture of fencing, ditches and natural hedges and level in topography. There may be potential long term hope value for alternative use, subject to obtaining the necessary planning consents. Ideally suited for anyone with an agricultural, investment, conservational and equestrian interest. The soil comprises of a clay loam type, with the land currently in permanent pasture production. Lot A - Guide Price: £100,000 to £140,000 Two closures of land extending to approximately 14.74 acres (5.96 hectares). Direct access from council-maintained highway. Lot B - Guide Price: £110,000 to £150,000 Three closures of land extending to approximately 15.44 acres (6.24 hectares). Direct access from council-maintained highway. Designations The land is situated in a Nitrate Vulnerable Zone (NVZ). Environmental Stewardship Schemes The land is subject to a countryside stewardship agreement which commenced 1st January 2023 and ends 31st December 2027 producing a yearly revenue of approximately £1,831 per year for the 30.18 acres. The countryside stewardship agreement will be transferred to the successful purchaser/s. Full information found within the legal pack. Footpaths , Rights of Way, wayleaves and Easements LOT A – Subject to footpath and wayleave LOT B - None Uplift / overage clause Subject to an overage provision of 25% uplift for any development other than agricultural or equestrian for a 21-year term. Full details within the Legal Pack. 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 £1,395 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. Local Council: Somerset Council. Services: Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services. Viewing: At any reasonable time, on foot only and with a set of the sale details. Closest Postcode: TA5 2PL What3words – Lot A: changing.storybook.rocker Lot B: enhances.roadways.areas Solicitors Clarke Willmott Telephone: 0345 209 1101 Helen Lock acting. Completion Completion has been set for 23rd May 2025 or earlier by arrangement. Tenure: Freehold with vacant possession. VAT: The purchase price is not subject to VAT. Ref: RAW/10890 Website tags: auction-property, april-auction, land-property

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