Farm Land
£450,000
Meareway, Meare, Somerset

Description

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Description

Approximately 41.77 acres (16.90 hectares) of level pastureland, held within five enclosures. Access is taken directly from the Council maintained highway known as Meareway and the land has mains water supply. Bound and divided by a mixture of ditches and natural hedges. Ideally suited for anyone with an agricultural, conservational or amenity interest, subject to any necessary planning consents which may be required. The soil comprises a loam and clay type, which is Classified as Grade III according to the DEFRA Land Classification Map. The Lot includes a concrete pad measuring c.500ft²

Designations

Included within the Lot are Scheduled Monuments – Lake Villages NW of Oxenpill. Further information available via https://historicengland.org.uk/listing/the-list/list-entry/1006160

All lots situated within a Nitrate Vulnerable Zone (NVZ)

Environmental Stewardship Schemes

None.

Footpaths and Rights of Way

No footpaths. Further details of any other rights of way (if applicable) will be contained within the auction Legal Pack.

Uplift / overage clause

None.

Completion

Completion has been set for 12th September 2024 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

Acorn Solicitors

Street: 01458 441507

Jill Sinclair acting

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: £167.02 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:BA6 9TY

What3words – fuse.clouding.cowboys.

Ref: GPT/10541