Burleigh Lane, Overleigh, Street, BA16

Description

A single enclosure of orchard/pastureland extending to approximately 1.96 acres and with direct access taken from the Council maintained highway known as Burleigh Lane. Part of the northern section of field is within the development limits of Street. There may be potential long term hope value for alternative use subject to obtaining the necessary planning consents. Interested parties are advised to make their own enquiries with regard to any potential for alternative development. The plot includes a small range of redundant structures and is level in topography. Bound and divided by a mixture of natural hedgerows and stock-proof fencing. The soil comprises lime-rich loam and clay type classified as Grade III on the DEFRA land classification map.

Uplift Clause

Subject to an uplift clause of 25% for a period of 25 years. Further details contained within the auction legal pack.

Designations

Not situated within AONB, NVZ or SSSI. Situated within a conservation area. Not listed.

Environmental Stewardship Schemes

Not subject to any environmental or countryside stewardship schemes.

Footpaths and Rights of Way

No public footpaths. Further details of any other rights of way (if applicable) will be contained within the auction Legal Pack.

Solicitors

Chubb Bulleid, Wells

Telephone:

Clare Bessant-Nicholls acting

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 £1,395 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 to 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.

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.

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.

Local Council: Somerset Council.

Telephone:

Drainage Rates: None.

Services: No mains services connected. Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.

Tenure: Subject to a Licence. Notice to quit has been served with vacant possession obtainable from 24th April 2027.

Completion

Completion has been set for 17th December 2026 or earlier by arrangement.

Viewing: By appointment only through Cooper and Tanner: . The postcode for the nearest property is BA16 0TJ

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