Lower Cheriton Lane, Templecombe, BA8

Description

Located in a super rural position close to the end of a no-through road, lies this parcel of land, extending to approximately 0.175 acres.

The land benefits from good road frontage onto the public highway and is level in topography. Having been unmanaged for a number of years, the current owners have recently undertaken a program of clearance and have created a blank canvas for a purchaser. The boundaries comprise some mature hedges and trees.

In the western corner is the remnants of a tin built outbuilding that was used as a garage.

Subject to gaining any of the necessary consents this land would suit a variety of uses including conservation, amenity or future development and is being sold without any uplift clauses in place.

Completion

Completion has been set for Thursday 21st May 2026 or earlier by arrangement.

Local Council: Somerset

Services: We understand that mains water has been connected to the land in the past. However, interested parties must satisfy themselves in this regard.

Tenure: The tenure is freehold and vacant possession will be given on completion.

Viewing: At any reasonable time on foot with a set of the sale details. The What3words are mailer.skimmers.hence

Solicitor: BGW, Castle Cary.  Libby Stoodley acting. Tel: . 

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 £1395 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.

Fees

Potential buyers should be aware that there may be additional fees payable to the Vendor’s solicitor on completion of the sale, details of which will be contained within the auction pack for each lot. At the launch of the property onto the market this information is not always available and so interested parties must refer to the auction pack and satisfy their enquiries.

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