Land at Rectory Lane, Compton Martin
Rectory Lane, Bristol, BS40 6JR
- 13
Key features
Guide Price: *
£60,000
Fees apply
Buyer's fee:£3,600
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£88,000Bid history
39 bidsroom 39
27/04/2023 17:48:36 - £88,000
room 38
27/04/2023 17:48:23 - £87,000
room 37
27/04/2023 17:48:18 - £86,000
See all 39 bids ▾
This Land is for sale via Killens live stream auction - 27th April 2023. For more information and to bid click here - https://www.bamboofusion.co.uk/auctions/killens-auction-1953629
You can view the full catalogue by clicking the following link - https://bamboo-cdn.s3.eu-west-1.amazonaws.com/Killens-Auction-Catalogue-270423.pdf
PLEASE SEE THE ADDENDUM TO THE LEGAL PACK IN THE DOCUMENTS SECTION
PLEASE NOTE THAT THESE PARTICULARS WERE CHANGED ON 31 MARCH 2023. THE LOT NOW INCLUDES A SMALL AREA OF SCRUB/WOODLAND ADJOINING RECTORY LANE.
Situation
The land is situated to the south of the village of Compton Martin at the end of Rectory Lane on the northern edge of the Mendip Hills. The village straddles the A368 which connects Weston-super-Mare (15 miles) to Bath (17 miles). Bristol is 13 miles to the north and Wells (8 miles).
Description
Two paddocks in close proximity to the village with access from Rectory Lane along the track as shown hatched black on the sale plan. Extending to 5.95 acres, the land is classified as Grade 3/4 on the MAFF Land Classification. The soils comprise of free draining loams. There is no water supply. The land is crossed by a footpath. The purchaser will be responsible for erecting a fence and gateway between the points A-B-C-D-E as shown on the sale plan.
Directions
On entering Compton Martin on the A368 from the east (West Harptree), take the second left turn into Rectory Lane. Proceed up the hill and over the cattle grid and the land will be found on the right.
Services
There is no mains water supply.
Designations
The property is within the Mendip Hills Area of Outstanding Natural Beauty and a Nitrate Vulnerable Zone.
Tenure
Freehold with vacant possession.
Boundaries
The purchaser will have responsibility for erecting a new boundary as referred to above. The ownership of the boundaries are in accordance with the custom of the country. The purchaser shall have full knowledge of the boundaries.
Lotting
The property will be offered as shown but the vendor reserves the right to withdraw, alter or amend the extent of the property being offered.
Viewing
Inspection without appointment possible subject to normal courtesies and ensuring gates etc are closed. Otherwise, by appointment with the selling agents, Killens Tel: 01275 333993 or chewmagna@killens.org.uk
Local Authorities
Bath & North East Somerset Council – www.bathnes.gov.uk
Rights of Way etc
The land is not crossed by footpaths. The property is sold subject to all rights including rights of way whether public or private, light, support, drainage, water and electricity supplies and other rights, covenants, agreements and all existing and proposed wayleaves, masts, pylons, stays, cables, drains and water, gas or other pipes whether referred to in these particulars or not.
Agents Notes
The sale of all lots will be subject to an uplift clause whereby the vendor will be entitled to a payment equivalent to 25% of any uplift in value arising from residential or commercial development within a period of 20 years.
The purchase price is not subject to VAT.
What3words
///paint.community.promote
Nearest postcode
BS40 6JR
Solicitors
A legal pack will be available from the solicitors acting for the vendor. Their details are:
Melanie Harrison/Sue West, Thatcher & Hallam, Midsomer Norton
SWest@th-law.co.uk; 01761 414646
Fees
The successful bidder of each lot will be required to make a contribution towards the vendor’s selling and legal fees as set out in the legal pack.
Bidding guide
Guidance on how to bid at auction is available from the agents, Killens – office@killens.org.uk
Summary
- Lot number
- 4
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Summary
- Lot number
- 4
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
This property is being sold by:
Killens - Chew Magna
01275 333993
5 South Parade, Chew Magna, Bristol, BS40 8SH
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Killens Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Killens Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.