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Draycott Road, Cheddar, Somerset, BS27

££100,000 Auction Guide Price

Land For Sale

For Sale by Online Auction

Description
An extremely well-positioned single enclosure of pastureland, together with entrance drive, the whole extending to approximately 2.08 acres. Situated within an AONB on the southern outskirts of Cheddar and surrounded by residential, commercial, recreational and agricultural property. Benefiting from direct access from the Council maintained highway known as Draycott Road.

Level to very gently sloping in aspect and enclosed by a mixture of natural hedges, stock-proof fencing and ditches. The land is currently classified as agricultural; however, there may be potential for alternative uses (subject to necessary planning permission), which are comparable with other occupiers in the locality. Interested parties are advised to make their own enquires in regard to any alternative development potential.

Uplift Clause
Subject to an uplift clause to take effect on non-agricultural or non-equestrian development or if the land enables development on adjoining property. 25% of the increase in value of the land is payable on the approval of planning consent. Term: 25 years. Further details contained within the legal pack.

Basic Payment and Other Schemes
Not registered for the BPS and no entitlements are available. The land is not subject to any environmental or countryside stewardship schemes.

Footpaths and Rights of Way
Not subject to any public footpaths. Entrance drive subject to right of way in favour of neighbouring property.

Completion
Completion has been set for 28th January 2022 or earlier by arrangement.

Bidders Registration Fee
Cooper and Tanner requires all bidders who wish to bid at our Auction to Register beforehand. A fixed Bidders Registration Fee of £1,200 inc VAT per lot must be paid on registration. The fee is retained by Cooper and Tanner at the fall of the electronic gavel if a bidder is successful. The fee will be returned to all unsuccessful bidders. 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. Please use the link www.cooperandtanner.co.uk/land-and-property to register to bid for this lot.

Please note the Bidders Registration Fee does not get deducted from either the deposit or completion monies.

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 at the fall of the electronic gavel. 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
Chubb Bullied, Street
Telephone: 01749 836100
Laura Maden acting.
Ref: GPT/10370

Local Council: Sedgemoor District Council. Telephone: 0300 303 7800.

Drainage Rates: Not applicable.

Services: Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.

Tenure: Freehold with vacant possession.

VAT: The purchase price is not subject to VAT.

Viewing: At any reasonable time on foot with a set of the sale details. The postcode for the nearest property is BS27 3RJ. Please do not obstruct the entrance drive to the land with any vehicles.

Brochure

No floorplans available for this property

No EPC available for this property

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Office Details

Frome
6 The Bridge
Frome
Somerset
BA11 1AR

01373 455060
frome@cooperandtanner.co.uk

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