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image  BA15

image ££15,000 Auction Guide Price

image For Sale (Freehold)


 Auction - 12th September 2019,7pm
 The Standerwick Suite, Frome Livestock Market,
 Frome, BA11 2QB
 Auction Guide Price £10,000 to £20,000*
 Former Underground Quarry

Property Description

Poulton Quarry, also known as St Katherine's Quarry, presents possibly one of the most unusual properties that we have had the pleasure of offering for sale for quite some time and we are delighted to be able to offer a piece of real local history.

Poulton Quarry was used as a limestone quarry during the 1800s, and possibly before. Since the removal of stone became unviable the quarry fulfilled other roles including acting as an air raid shelter for the local school during WWII and more recently used for producing mushrooms.

The site consists of a network of underground rooms and pillars which vary in height and width and there have been some supporting brick columns with steel RSJ beams installed along the quarry.

ACCESS Access to the quarry is via a right of way over Kennett Gardens, with and without vehicles, for the purposes of unloading and then a pedestrian access leading from the parking area to the quarry entrance. Full details of the access will be contained in the auction pack.

VIEWINGS Due to the nature of the site and to ensure the safety of those viewing and Cooper and Tanner colleagues there are strict instructions with regard to arranging viewings and we ask that these are followed. No children will be allowed on site, without exception. Viewers will be allotted a time slot for their viewing and those who miss their allotted time cannot be guaranteed a viewing. They will be accompanied onto and off the site and a member of staff will remain with them at all times. Hard hats and hi viz jackets will be provided and we ask that suitable foot wear is worn. Please note that there is limited parking in the area and so we ask that you park in the car park adjacent to the canal (nearest postcode BA15 1BX) and walk to the site.

PROOF OF IDENTITY Please note that all purchasers will be asked to produce, on the night of the auction, two forms of ID for each purchaser. We will require one form of photographic ID i.e passport or driving licence and one form of ID that confirms your address i.e utility bill that is no older than 3 months. Purchasers will also be asked to produce proof of funding for the purchase price. All documents must be brought to the auction and the originals must be seen, copies will not suffice. If these documents are not available then we will not be able to issue a bidding number.

BUYERS LOT CHARGE On completion of the auction the successful purchaser will be required to pay by cheque the Buyers Lot Charge to Cooper and Tanner for £500 (including VAT).

GUIDE PRICES/RESERVE * 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.

DEPOSIT On completion of the auction the successful purchaser will need to pay to the solicitor acting for the vendor a deposit cheque of 10% of the purchase price. If you do not have the facility to pay by cheque then we would ask you to make prior arrangements with the vendor's solicitor. Please note that we are not able to take cash and do not have the facilities to take cards.

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6 The Bridge
BA11 1AR

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