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image  Tarnock, Axbridge, Somerset, BS26


image ££240,000 Auction Guide Price

image Sold STC (Freehold)

Features

 37.85 acres
 Productive pasturelandROW access
 Level in topography

Property Description

Description
Productive pastureland extending to approximately 37.85 acres (15.3 hectares). Held within a ring-fence and subdivided by natural hedgerows and ditches into five useful enclosures.

Accessed via a right of way over track leading from Council maintained highway (delineated with a blue line on the sale plan).

Soil comprises loam and clay type with coastal flats characteristics and lime-rich natural fertility. Classified as Grade 3 on the former MAFF agricultural land classification plans.

Ideally suited to grazing and pasture production. Alternatively, potential purchasers may have an opportunity to further develop the site to suit a varied number of uses (subject to any required planning consents).

Basic Payment Scheme
The land is registered for the Basic Payment Scheme and entitlements are available to be purchased under separate negotiation.

Other Schemes
The land is not included within any Environmental Stewardship or Countryside Stewardship Agreements.

Important Notice
Part of the property is affected by an option to grant an easement in favour of National Grid Electricity Transmission although it is not anticipated that any apparatus will be erected on the property itself. The purchaser will, on completion, need to enter into a direct deed of covenant in favour of National Grid confirming that they will comply with the terms of this option. Any future payments arising from option agreement will be due to the purchaser. A plan showing the extent of the easement can be provided.
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 particulars. (Ref: 9127)
Footpaths and Rights of Way
As far as can be established, the land is not subject to any private or public rights of way.
Services
There is presently a mains water trough situated on the land. We understand the supply comes from the neighbouring property and it will be up to the purchaser to negotiate with the land owner to continue that arrangement. Purchasers are advised to make their own enquiries into the adequacy and availability of any services.
Drainage Rates - £100.76 per annum
Nearest Postcode
BS26 2SL

Tenure
Freehold with full vacant possession.

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 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.

Solicitors
Clarke Willmott Solicitors, Taunton
Telephone: 0345 209 1664
Mark Buckerfield acting.






* Guide Price: An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price: the seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.



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