Clapton Road, Midsomer Norton, BA3

For sale by public auction. Thursday 15th August 2024, 12pm. The Theatre, The Royal Bath and West Showground, Shepton Mallet. Bidding available in person, by proxy or online via livestream. Auction guide price £225,000 to £235,000*. A versatile block of just over 34 acres of pasture land and woodland together with a small range of redundant buildings. Mains water and direct road access.

Description

Folly Farm lies on the western outskirts of the town on Midsomer Norton and extends to approximately 34.07 acres of pasture land and copse and subject to gaining any of the necessary consent, would be suited to a variety of uses including equestrian and conservation and of course agricultural – grazing and fodder production.

The land is undulating in aspect, steeply in places, and is

bound and divided by mature hedges and stock fencing with the eastern boundary predominantly woodland.

The wooded areas comprise mature mixed deciduous trees with some ground cover.

There is a good, gated access point in the northern boundary which leads along a short access track. To the left of the field gate is a small range of redundant buildings including a garage/store and a former dairy.

Rights of way

There is a single footpath running through the land as shown by the broken green line on the location plan. The vendor will retain a right of access along the access track, hatched blue on the site plan, to the adjoining property know as 17 Clapton Road. Full details will be contained within the legal pack.

Planning

The land will be sold subject to an uplift clause of 25% to last for a period of 25 years to be triggered by the grant of consent for any residential or commercial consent. Details of which will be included in the auction pack.

Local Council

Somerset

Services

Mains water is connected to the land via a water trough and has in the past been connected to the buildings. Interested parties must rely on their own enquiries regarding any services and making a connection into them.

Tenure

Freehold and 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.  What3words: topic.unions.punctual

Completion

Completion has been set for Thursday 12th September 2024 or earlier by arrangement.

Registering to bid and Administration fee

Cooper and Tanner require 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 £1350 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. 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

Melanie Harrison acting. Tel: 01761 414646