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property for sale in Lot B - Porters Hill, Butleigh, BA6 - Guide price £120,000

Lot B - Porters Hill, Butleigh, BA6

£120,000
Land
About this Property
2025-08-14
120000
Traditional
Land
Description

For Sale by Public Auction - Thursday 14th August 2025 at 12 midday - The Theatre, The Royal Bath and West Showground, Shepton Mallet and via Livestream. Auction Guide Price: £120,000 to £150,000. Lot B - Extending to approximately 14.63 acres and held within a single enclosure. Comprising pastureland and sloping in topography with access taken via a right of way over East End Lane (track). Description Two attractive parcels of pastureland located within a secluded position and surrounded by idyllic countryside. Both lots benefit from natural water supply bound and divided by natural hedgerows and ditches. The soil comprises of lime rich loamy and clayey soils classified as Grade 3 and 4 on the DEFRA Land classification map. The land presents various opportunities including, agricultural, equestrian or amenity interest, subject to any necessary planning consents required. Lot A - Guide Price: £40,000 to £60,000* A single enclosure of level pastureland extending to approximately 2.72 acres. Directly accessed from council-maintained highway. Lot B - Guide Price: £120,000 to £150,000* Extending to approximately 14.63 acres and held within a single enclosure. Comprising pastureland and sloping in topography with access taken via a right of way over East End Lane (track). Uplift Clause Both lots offered for sale subject to an overage clause of 30% for 30 years. Full details of the overage will contained within the auction legal pack. Footpaths and Rights of Way Not subject to any public footpaths. Full details of any other rights of way (if applicable) are contained within the auction legal pack. Designations The land is not situated within an AONB, Nitrate Vulnerable Zone (NVZ) or SSSI. Completion Completion has been set for 11th September 2025 or earlier by arrangement. 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 per lot 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 on 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:0300 123 2224. Services: Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services. Solicitors Chubb Bulleid Solicitors, Wells Telephone: 01749 836 100 Laura Maden acting Tenure: Freehold with vacant possession. VAT: The purchase price is not subject to VAT. Viewing: At any reasonable time, on foot only and with a set of the sale details. Closest Postcode: BA6 8TS What3words – Lot A: outwards.poetry.perused Lot B: detained.sleepless.piston Website tags: auction-property, august-auction, land-property

Location
More Information
Not Specified
Planing Authority
Mendip LPA

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