Waldrons Lane, Perry Green, Wembdon, TA5

Description

A single enclosure of attractive pastureland extending to approximately 8.66 acres (3.50 hectares). Directly accessed from the Council maintained highway known as Waldrons Lane and benefiting from natural water supply.

The land is level in topography and bound and divided by ditches and natural hedges.

Ideally suited for anyone with an agricultural, conservation or amenity interest, subject to any necessary planning consents.

The soil comprises a loam and clay type, which is Classified as Grade III according to the DEFRA Land Classification Map.

Uplift Clause/Overage

Subject to an uplift clause to take effect on residential development (including holiday lets). 50% of the increase in value is payable on the approval of the planning consent. Term: 20 years. Further details contained within the legal pack.

Environmental Schemes

None.

Designations

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

Footpaths and Rights of Way

Not subject to any public footpaths. We are unaware of any further rights of way.

Completion

Completion has been set for 15th August 2024 or earlier by arrangement.

Bidders Registration Fee

Cooper and Tanner requires all bidders who wish to bid at our Auction to Register beforehand. A fixed Bidders Registration Fee of £1,350 inc VAT per lot must be paid on registration. The fee is retained by Cooper and Tanner at the fall of the electronic gavel if a bidder is successful. The fee will be returned to all unsuccessful bidders. 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. Please use the link www.cooperandtanner.co.uk/land-and-property to register to bid for this lot. Please note the Bidders Registration Fee is chargeable per lot, does not get deducted from either the deposit or completion monies and is applicable to all pre-auction sales.

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 at the fall of the electronic gavel. 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

Alletsons, Bridgwater

Telephone: 01278 456 621

Local Council: Somerset Council. Telephone: 0300 123 2224.

Drainage Rates: TBC.

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

Tenure: Freehold with vacant possession on completion.

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. The postcode for the nearest property is TA5 2BA

What3words: tickles.reception.solar.

Ref: GPT/10962