Lot 5: About 15.98 acres of pasture land. Further lots available. For sale by auction on 11th July 2018 at 2.30pm at Rookery Manor.
Lot 5: About 15.98 acres of pasture land
Lot 5 comprises about 15.98 acres of pasture land divided between two enclosures of 9.17 acres and 6.81 acres. The land has direct road access from Brinscombe Lane to the north and a mains water supply.
Public rights of way There are public footpaths crossing the property.
Easements and Wayleaves The property is sold subject to the usual easements and wayleaves in favour of Wessex Water, South Western Gas Board and Western Power Distribution.
Viewing Viewing is by appointment with the vendor’s agents, Carter Jonas, on 01823 428590.
Basic Payment Scheme The vendor does not hold any Basic Payment Scheme entitlements. Therefore, no entitlements are included in the sale.
Tenant’s Fixtures Items normally treated as tenant’s fixtures are excluded from the sale.
Health and Safety Potential purchasers are requested to take particular care when inspecting the property. Potential purchasers should bear in mind the risk of sudden movements from livestock and machinery which may be present and operating at the property at the time of inspection. Potential purchasers are requested to wear supportive footwear for viewings, and are advised to be conscious of potentially uneven and slippery ground surfaces.
Tenure The freehold of the property is offered for sale with vacant possession available upon completion.
Completion Date The completion date of the sale will be Wednesday 8th August 2018.
Uplift Clause The property will be sold subject to an uplift clause. Should permission be granted for any additional non-agricultural or equestrian uses on the holding, the vendors shall be entitled to 50% of the uplift in value as a result of the permission for a period of 50 years from completion of the sale. This will exclude the farmhouse/cottages and garden (part Lot 1), Lot 2 as a whole, and the barn with permission for conversion, together with its curtilage, within Lot 3.
Guide Prices* The property is offered for sale in six lots (plus Lot 1A) by auction with guide prices as follows:
Lot 1: £575,000 Lot 1A: This will be offered to the successful purchaser of Lot 1 at a fixed price of £100,000. Should the purchaser of Lot 1 not wish to purchase this land, then it will subsequently be offered to the successful purchaser of Lot 3 at a fixed price of £100,000. Lot 2: £195,000 Lot 3: £250,000 Lot 4: £25,000 Lot 5: £100,000 Lot 6: £225,000
*The above guide prices are an indication of the figure which the minimum price at which the seller is prepared to sell each lot will fall within 10% of. The guide prices for each lot above are different from the reserve prices for each lot. The lots will be sold subject to reserve prices.
The reserve price is the minimum price at which the auctioneer is authorised by the seller to sell each lot at auction. Each lot may be sold to the highest bidder at or above the reserve price, but the auctioneer is not authorised to sell at a figure below the reserve price. The amount of any reserve price remains strictly confidential to the auctioneer, the auctioneer’s staff, and the seller.
Both the guide and the reserve prices are subject to change up to and including the day of the auction. It is the responsibility of interested parties to register their interest in particular lots and regularly check for updated information regarding the lots they are interested in, including changes to guide prices.
Common Auction Conditions of Sale The property is sold subject to the Common Auction Conditions for Real Estate Auctions (4th edition).
Auction Pack The Auction Pack, containing the contract and special conditions of sale, should be obtained from the Vendor’s Solicitors: Somerset County Council Legal Services, County Hall, Taunton, Somerset TA1 4DY. The solicitor dealing with the auction pack is Julia Haldenby (firstname.lastname@example.org). The content of the auction pack will not be read at the time of sale; all potential purchasers will be deemed to have bid for the property in the full knowledge of their content.
Administration Fee The successful purchaser(s) will be liable to pay a buyer’s administration fee of £300 (inclusive of VAT) to the selling Agents per lot.
Purchaser Registration In order to comply with current anti money laundering legislation in the UK, Carter Jonas is required by law to confirm the identity of all purchasers. We use a third party electronic verification system for these purposes and successful purchasers will be required to provide evidence of their identity to enable these checks to be completed. We will therefore require a copy of the passport or driving licence, together with the home address, of each successful purchaser at the auction.
Directions Heading north on the A38, turn right onto Notting Hill Way signed to Wedmore, Chapel Allerton and Weare. Continue on this road until reaching the school on the right (brick built). Turn left signed to Upper Weare onto Sparrowhill Way. Continue through Weare passing the church on the left and follow signs to Brinscombe. Continue up the hill and turn left onto the no-through road signed to Brinscombe. Follow the road down the hill and Stream Farm will be found on the left hand side. Lot 6 can be found by continuing along Brinscombe Lane. Toward the end you will reach Broadmoor Drove on your left, with access to the land off this drove.
The next steps...
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