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Lot B
Lot B - Combwich Road, Combwich , Cannington, TA5
£110,000
Lot B - Combwich Road, Combwich , Cannington, TA5
£110,000
Our Summary
- Uplift / overage clauseSubject to an overage provision of 25% uplift for any development other than agricultural or equestrian for a 21-year term
- Registering to bid and Administration feeCooper 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
- 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
- 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
- For Sale by Auction
Description
The property consists of five parcels of Grade III pastureland totaling approximately 30.18 acres, with a mixture of fencing, ditches, and natural hedges dividing the land. The soil is a clay loam type, and the land is currently in permanent pasture production. The property is suitable for agricultural, investment, conservational, and equestrian interests. There is potential for long-term hope value for alternative use, subject to obtaining necessary planning consents. The land is situated in a Nitrate Vulnerable Zone and is subject to a countryside stewardship agreement until 2028, producing a revenue of £9,157 per year. The property also has an uplift/overage clause for any development other than agricultural or equestrian use. The buyer's administration fee is £1,395 inc VAT, and the property is being sold through Cooper and Tanner auctioneers.