REF: 101148019066

Land At , Cossington

Auction guide price 35,000 Freehold Available

FEATURES

  • Lot D Guide Price: £35,000 - £40,000
  • Principally level in topography
  • Highway or drove/track access
Property Description
44.73 acres of land at Cossington and Chilton Polden FOR SALE BY PUBLIC AUCTION Thursday 9th November 2017, 7pm Wells Golf Club, Wells, Somerset, BA5 3DS FOR SALE IN FIVE LOTS
Lot D - Guide Price: £35,000 - £40,000
Extending to approximately 10.76 acres (4.35 hectares). Vehicular access via Newclose Drove leading directly from Council highway.

Situated on the outskirts of Cossington and Chilton Polden. Either direct access from Council maintained highway or via hardcore track or drove. Principally level in topography and benefiting in the main from natural water supply via livestock drinking points. Enclosures are bound and divided by a mixture of natural hedgerows, stock-proof fencing and ditches.

Soil comprises loam and clay type (Lots A-D) and lime-rich fen peat type (Lot E). Classified as Grade 2/3 on the former MAFF agricultural land classification plans. Ideally suited to grazing and grass based fodder production, with part capable of an arable rotation.

Basic Payment Scheme
No entitlements are included with the sale.
Other Schemes
Lots D and E are in an SSSI and all the lots are currently subject to a joint ELS/HLS which expire in 2020. Further details available via the Auction Legal Pack available from the Solicitor or can be inspected from Cooper and Tanner office.

General Remarks
Viewing
Potential purchasers may inspect the land, on foot only, at any reasonable time during daylight hours and with a copy of the sale particulars. (Ref: 9268)


Services
Purchasers are advised to make their own enquiries into the adequacy and availability of any services.
Drainage Rates

Lot D - £21.70 per annum
Lot E - £16.11 per annum

Tenure?
Freehold with vacant possession on completion.

Local Authority
Sedgemoor District Council
Telephone: 0300 303 7800
VAT
The purchase price will not be subject to VAT.

Completion
Completion has been set for the 7th December 2017 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.

Solicitors
Somerset County Council Legal Department
Julia Haldenby
Telephone: 01823 357151
jahaldenby@somerset.gov.uk

Overage Clause
The property is sold subject to an overage as detailed within the Auction Legal Pack available from the Solicitor or can be inspected from Cooper and Tanner office.



Lot D - Guide Price: £35,000 - £40,000 Extending to approximately 10.76 acres (4.35 hectares). Vehicular access via Newclose Drove leading directly from Council highway.

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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