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£160,000

The Street, Bishop Sutton, Bristol, BS39

  • 0 beds
Other

£160,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£730 per month

Minimum deposit amount:

£8,000
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Description

An attractive and secluded lot comprising approximately 17.57 acres (7.11 hectares) of level to gently sloping pastureland, held within a single enclosure. Access is taken directly from the Council maintained highway, with a well-maintained track leading to the land. We understand mains water supply, although not currently connected, is positioned within the adjacent highway and available to connect into, subject to necessary consent. The plot is bound and divided by a mixture of natural hedges, ditches and stock-proof 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 situated within a Nitrate Vulnerable Zone (NVZ), but not within an AONB or SSSI.

Environmental Stewardship Schemes

None.

Footpaths and Rights of Way

Public footpaths cross the land, as shown on the location plan. Further details of any other rights of way (if applicable) will be contained within the auction Legal Pack.

Uplift / overage clause

Subject to an uplift clause to take effect on residential development. 25% of the increase in value is payable on the implementation of planning consent and sale with benefit of. Term: 25 years. Further details contained within the legal pack

Completion

Completion has been set for 22nd October 2024.

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

Womble Bond Dickinson, Bristol

Telephone: 0345 415 0000

Beth Prince acting

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: TBC

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: BS39 5UR

What3words – tender.tower.dried.

Ref: GPT/11011

Website tags: auction-property, septemberauction



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