REF: 101148019656

Lipyeate, Radstock

Auction guide price 25,000 Freehold Available


  • Single enclosure of pasture land
  • May suit a number of uses, STPP
  • Approximately 1.61 acres
  • Direct access off highway
Property Description
1.61 acres at Lipyeate, Coleford, Somerset FOR SALE BY PUBLIC AUCTION Thursday 22nd February 2018, 7pm at The Standerwick Suite Frome Livestock Market, Frome, BA11 2QB Auction Guide: 25,000 - 30,000
A single enclosure of pasture land extending to approximately 1.61 acres (0.65 hectares).

Direct access from the Council maintained highway. The land is principally level in topography and is enclosed by mature hedgerow boundaries.

Ideally suited to a continued agricultural use but may offer potential for amenity or equestrian, subject to any necessary consents.

Soil comprises slowly permeable loam and clay type. Classified as Grade 3 on land classification plans.

Basic Payment Scheme
No entitlements are included with the sale

Other Schemes
The property is not subject to any environmental schemes i.e. CSS, ELS etc.

Uplift Clause
Sold subject to a 25 year uplift clause, to take effect on independent residential development. 25% of the increase in value is payable to the vendors on the granting of planning consent. Further details available from the auctioneer's office.

General Remarks

Potential purchasers may inspect the land, on foot only, at any reasonable time during daylight hours and with a copy of the sale particulars.

Footpaths and Rights of Way
The property is subject to a single footpath, which crosses east to west and follows the northern boundary.

We understand mains water is close by and available to be connected to (subject to the necessary consents). Purchasers are advised to make their own enquiries into the availability and capacity of any services.

Freehold with vacant possession on completion.

Nearby Postcode?

Local Authority
Mendip District Council
Telephone: 0300 303 8588

The purchase price will not be subject to VAT.

Completion has been set for the 22nd March 2018 or earlier by agreement.

Buyer's Lot Charge
£450 per lot, inclusive of VAT, to be paid to Cooper and Tanner at the fall of the hammer.

Money Laundering Regulations
Due to changes in the Money Laundering Regulations, as set out by HMRC, all successful buyers at one of our Collective Land and Property Auctions will now have to provide two forms of proof of ID. One of which must be photographic and the other an up-to-date utility bill that is no more than 3 months old, confirming your address. In addition to this, buyers will also have to provide proof of the source of funding for the purchase. For example a bank statement or mortgage offer. Please contact Cooper and Tanner if you have any questions.

Clarke Willmott Solicitors, Taunton
Telephone: 0345 209 1830
Paul Hazeldine acting.
A Legal Pack will be, available prior to the auction from the Vendors solicitors.

Viewing Please contact our Glastonbury Agricultural Office on 01458 834288 if you wish to arrange a viewing appointment for this property or require further information.
Disclaimer Cooper and Tanner endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
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