Farm Land
£30,000
Knowle Lane, Wookey, Somerset

Description

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Description

An extremely attractive parcel of pastureland, which is situated on the edge of Wookey and neighbours’ residential dwellings and open countryside. The land presents various opportunities including amenity use (subject to necessary planning consents) and extends to approximately 1.72 acres (0.70 hectares). Directly accessed from the Council maintained highway known as Knowle Lane. The land is level in topography and bound and divided by natural hedgerows and stockproof fencing.

Services

There is a cattle drinking trough situated within the southeast corner of the plot with water pipe connected. It is unclear whether the property enjoys a mains supply of water and the exact location of the pipe supplying the water is unknown. Therefore, the land is offered for sale with no guarantee or warranty to any existing supply and any potential purchaser would need to make arrangements with the local water authority at the expense of the buyer for a separate connection, subject to consent for any such connection. Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.

Uplift / overage clause

The land will be offered for sale subject to an overage clause. Term of overage: 25 years at 25% uplift, triggered on the granting of planning permission for residential or commercial use. Full details of the overage clause will be contained within the auction legal pack.

Other Schemes

The land is not subject to any environmental or countryside stewardship schemes.

Footpaths and Rights of Way

Not subject to any public footpaths or rights of way.

Solicitors

Harris and Harris Solicitors, Wells

Telephone: 01749 674 747

Maisie Priscott acting.

Completion

Completion has been set for 11th June 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 £1,395 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.

Telephone: 0300 123 2224

Drainage Rates: None.

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

Tenure: Freehold with vacant possession.

VAT: The purchase price is not subject to VAT

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

Closest Postcode: BA5 1LB

What3words – yachting.carry.splits

Ref: GPT/10727

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