Back Street, Great Hinton, BA14

For sale by public auction. Tuesday 18th June 2024, 12pm. The Theatre, The Royal Bath and West Showground, Shepton Mallet. Bidding available in person, by proxy or online via livestream. Auction guide price £40,000 to £60,000*. A lovely parcel of approximately 1.39 acres together with a small range of buildings in need of renovation.

Description

Located within the charming and picturesque village of Great Hinton lies this super parcel of approximately 1.39 acres of pastureland and copse.

The land is accessed via a gateway leading from Back Street into an area sheltered by mature trees and with a range of buildings that were used as stables and storage and now require renovation. Subject to gaining the relevant consents these would suit a wide variety of uses including of course stables, livestock housing, workshops or storage.

The land then opens out into a lovely parcel of pastureland that is enclosed by a combination of post and wire stock fencing and mature hedges with an area of copse close to the eastern boundary. The land hasn’t been grazed for a little while and is now need of some cultivation but, as with the buildings, could suit a number of uses and requirements.

Planning

The land will be sold subject to an uplift clause of 25% to last for a period of 15 years. Consent for development of the site for equine use will not trigger the uplift clause. Full details will be contained within the auction pack.

Agents note

Part of the land is held on a Possessory Title only. Full details are contained within the auction pack.

Local Council: Wiltshire

Services: There are no services connected to the land. Interested parties must rely on their own enquiries regarding any services and making a connection into them.

Tenure: Freehold and 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.

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Completion

Completion has been set for Tuesday 16th July 2024 or earlier by arrangement.

Registering to bid and Administration fee

Cooper and Tanner require 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 £1350 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. 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

Awdry Law

Tim Hotchkiss acting. Tel: