Wells Road, Chew Magna, BS40

Description
Approximately 13.76 acres (5.57 hectares) of level to gently sloping pastureland, held within a single enclosure. Access is taken directly from the Council maintained highway known as Wells Road via a short right of way over shared driveway. The land has the benefit of mains water metered from a private supply and is bound and divided by a mixture of natural hedges and stock-proof/estate fencing. Ideally suited for anyone with an agricultural, equestrian or amenity interest, subject to any necessary planning consents which may be required. The soil comprises a loam and clay type, which is Classified as Grade III according to the DEFRA Land Classification Map.

Designations
The land is not situated within AONB, Nitrate Vulnerable Zone (NVZ) or SSSI.

Environmental Stewardship Schemes
Subject to a Countryside Stewardship Agreement - Policy GS4 (legume and herb-rich swards). The potential purchaser will be required to occupy the land in accordance with the scheme until 31st December 2024. Further details contained within the Auction Legal Pack.

Footpaths and Rights of Way
Single footpath crossing east to west, as shown on location plan. Further details of any other rights of way (if applicable) will be contained within the auction Legal Pack.

Uplift / overage clause
None.

Completion
Completion has been set for 26th September 2024 or earlier by arrangement.

Registering to bid and Administration fee
Cooper and Tanner requires all bidders who wish to bid at our Auction to register beforehand, whether you are intending on bidding in the room, by proxy or online. As part of the registration process, you will be asked to provide card details in order that the Buyer’s Administration Fee of £1,350 inc VAT can be paid if you are successful. A week before the auction a hold will be placed on your account for this sum, which will then be released if you are unsuccessful. This fee will only be taken if you are the successful buyer. The fee is retained by Cooper and Tanner and does not form part of your deposit or completion settlement. Please also be aware that the Buyer’s Administration fee is payable per lot purchased and applicable on all pre-auction sales. If you are successful in purchasing more than one lot, we will contact you following the auction to take subsequent payments for additional lots bought. 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.

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 of the auction. 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
Mogers Drewett
Frank Collins Acting
Telephone: 01749 342 323

Local Council: Bath and North East Somerset Council.

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

Drainage Rates: Not applicable.

Tenure: Freehold with vacant possession.

VAT: The purchase price is not subject to VAT.

Viewing: At any reasonable time, on foot only and with a set of the sale details.
Closest Postcode: BS40 8QR
What3words – copies.lawn.myself

Ref: GPT/8609