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Faulkland, Nr Frome, Somerset, BA3

££125,000

Farm Land For Sale

Description
Two versatile lots of agricultural land located in a convenient position between Faulkland and Norton St Philip. Subject to gaining the necessary consents either lot would be suited to a variety of uses and requirements including agriculture, equestrian or conservation.

Lot A. As coloured red on the sale plan
Approx 16.70 acres
Guide Price £125,000 to £135,000
Bidding to start at 9am and close at 4pm
Arranged in three useful parcels, each divided by mature hedges with gateways linking each, the land is predominantly level in aspect.
Access to this land is provided via a single gateway from the lane to the east. Having previously been part of an arable rotation, the land is now currently fallow.

Lot B. As coloured blue on the sale plan
Approx 4.07 acres
Guide Price £40,000 to £45,000
Bidding to start at 9am and close at 5pm
This lot also benefits from road access from the lane to the east with the gateway set back from the road slightly. The land is enclosed by mature hedges and is laid to pasture. There is a copse of mature trees close to the northern boundary giving excellent natural shelter. Just inside the gateway is a small dilapidated building that has previously been used as shelter and store and, subject to gaining the necessary consents, could be reinstated to provide stables or livestock housing.

Basic Payment Scheme
The land is registered as being eligible for payments under the Basic Payment Scheme. However, there are no entitlements to transfer.

Nitrate Vulnerable Zones
The land does fall within a Nitrate Vulnerable Zone

Local Council
Mendip District Council

Services
There is no water connected to the land and potential buyers must rely on their own enquiries with regard to the location of any supplies and making a connection into the it

Tenure
Freehold

VAT
The purchase price is not subject to VAT

Rights of Way
There are no rights of way, public or private that cross either lot of land.

Viewing
At any reasonable time on foot with a set of the sale details. The postcode for the nearest property is BA3 5XF



Completion
Completion has been set for Wednesday 17th August 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 £1260 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.

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
Ames Kent, Frome
Caroline Polder acting. Tel 01373 462017

Tenure: Please confirm with Cooper and Tanner whether this property is freehold or leasehold

Floorplans

floorplan floorplan

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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