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£100,000

Westfield Lane, Westbury Sub Mendip, BA5

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£100,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£457 per month

Minimum deposit amount:

£5,000
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Description

Approximately 3.81 acres (1.54 hectares) of gently sloping pastureland including an area of copse. Boasting outstanding views over neighbouring countryside, being situated within the Mendip Hills Area of Outstanding Natural Beauty (AONB). Two points of access taken directly from the Council maintained highway known as Westfield Lane and with the benefit of mains water supply. Held within a single enclosure, which is bound and divided by a mixture of ditches, stock-proof fencing and natural hedges. Ideally suited for anyone with an agricultural, equestrian or amenity interest, subject to any necessary planning consents, which may be required. The soil comprises of freely draining, base-rich loam type, which is Classified as Grade III according to the DEFRA Land classification Map. We are informed by the seller that up until it burnt down in 2020, a caravan was positioned within the corner of the field for circa 30 years.

Designations

The land is situated within an AONB. Not situated within a Nitrate Vulnerable Zone (NVZ) or Site of Special Scientific Interest (SSSI).

Environmental Stewardship Schemes

None.

Footpaths and Rights of Way

Subject to a single public footpath crossing east to west. 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

Mogers Drewett

Tracy Neal Acting

Telephone: 01749 342 323

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: Not applicable.

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. Nearest postcode: BA5 1HW.

What3words – surveyors.game.ashes

Please be aware there maybe livestock during your inspection.



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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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