Land near Higher Wrangway - Wellington
Land near Higher Wrangway , Wellington, TA21 9QG
- 1
Key features
Guide Price: *
£100,000
Fees apply
Buyer's fee:£2,400
Admin fee:£1,200
All fees include VAT at 20%
Holding Deposit: *£2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
† Traditional
Opening bid:
£100,000Bid history
0 bidsMETHOD OF SALE
The property is offered for sale by Traditional Online Auction (unless sold prior.) The auction end date is Wednesday 13th May at 4:30pm.
The vendor reserves the right to withdraw, sell or alter the land for sale prior to the auction end date.
SITUATION
The land lies within the Blackdown Hills Area of Outstanding Natural Beauty (AONB) near to Higher Wrangway and approximately 0.5 miles west of the small settlement of Wrangway in Somerset. The town of Wellington lies 3 miles to the north-east of the land and there is access to the A38 within 1.3 miles.
DESCRIPTION
The land comprises a single field which is gently sloping and suitable for mowing and grazing and has far reaching views to the north towards the Quantock Hills. There is direct access to the public highway with two gateways and the field has a north-facing aspect. The soils are described as being slightly acid loamy and clayey soils with impeded drainage and the land is classified as Grade 3.
SERVICES
Mains water is connected to the land.
TENURE
The land is owned freehold and is registered on the Land Registry. Vacant possession is available from the completion date.
LOCAL AUTHORITY
Somerset Council (Somerset West and Taunton area.)
DESIGNATIONS
The land is within the Blackdown Hills AONB and is not within any Nitrate Vulnerable Zone (NVZ) or Site of Special Scientific Interest (SSSI)
SPORTING AND MINERAL RIGHTS
The sporting and mineral rights insofar as they are owned are included with the freehold.
WAYLEAVES & RIGHTS OF WAY
The property is sold subject to and with the benefit of any wayleave agreement and any public or private rights of way that may affect it. There are no public rights of way passing through the land.
VIEWING
Strictly by prior appointment with Stags. Please call: 01823 662822 or email: [email protected] to arrange an appointment.
DIRECTIONS
From Wellington town centre head towards Rockwell Green passing through the traffic lights and continue to the Perry Elm Roundabout on the A38. Turn left onto the A38 and then take the first right turn signposted Wrangway. Continue along this road and at the next crossroads turn left onto Wrangcombe Road (unsigned) and continue, passing over the M5 motorway. Upon reaching Wrangway, turn right by Warwick Farm and continue for 0.5 miles. The land will be found on the left. WHAT3WORDS Reference \\ improve.hint.improvise
PROOF OF IDENTITY
Under Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction. There will be a requirement for all bidders to register via the online sales site and complete the ID checks. There is no charge for registration.
BUYERS & ADMINISTRATION FEES
The successful purchaser(s) will pay the sum of £5,000 at the end of the auction. From this a buyer’s fee of £2,400 (inc VAT) is retained by Stags/Bamboo as a contribution towards the online platform costs, and £2,600 is payable towards the deposit. An additional administration fee of £1,200 (inc VAT) will be payable by the successful purchaser immediately after the auction.
Please note that upon completion the purchaser will be liable to pay £2589.80 (inc VAT) towards the sellers legal and search fees.
DEPOSIT PAYMENT
The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly. The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.
LEGAL PACK
Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. Prospective purchasers will need to register with the Bamboo Proptech online platform in order to download the legal pack. It is the purchaser’s responsibility to make all necessary enquiries prior to the auction. Prospective purchasers are strongly advised to inspect the legal documentation, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.
SOLICITOR ACTING
Porter Dodson Solicitors, Wellington.
COMPLETION DATE
The completion date will be 20 working days after the auction or earlier by arrangement.
DEFINITION OF AUCTION GUIDE & RESERVE PRICE
Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. We expect the reserve will be set within 10% of the guide price. Guide prices may change at any time prior to the auction.
SPECIAL CONDITIONS OF SALE
Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provisions of the latter shall prevail. Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.
Stags gives notice that: 1. These particulars are a general guide to the description of the property and are not to be relied upon for any purpose. 2. These particulars do not constitute part of an offer or contract. 3. We have not carried out a structural survey and the services, appliances and fittings have not been tested or assessed. Purchasers must satisfy themselves. 4. All photographs, measurements, floorplans and distances referred to are given as a guide only. 5. It should not be assumed that the property has all necessary planning, building regulation or other consents. 6. Whilst we have tried to describe the property as accurately as possible, if there is anything you have particular concerns over or sensitivities to, or would like further information about, please ask prior to arranging a viewing.
BUYERS & ADMINISTRATION FEES
The successful purchaser(s) will pay the sum of £5,000 at the end of the auction. From this a buyer’s fee of £2,400 (inc VAT) is retained by Stags/Bamboo as a contribution towards the online platform costs, and £2,600 is payable towards the deposit. An additional administration fee of £1,200 (inc VAT) will be payable by the successful purchaser immediately after the auction.
DEPOSIT PAYMENT
The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly. The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.
METHOD OF SALE
The property is offered for sale by Traditional Online Auction (unless sold prior.) The auction end date is Wednesday 13th May at 4:30pm.
The vendor reserves the right to withdraw, sell or alter the land for sale prior to the auction end date.
SITUATION
The land lies within the Blackdown Hills Area of Outstanding Natural Beauty (AONB) near to Higher Wrangway and approximately 0.5 miles west of the small settlement of Wrangway in Somerset. The town of Wellington lies 3 miles to the north-east of the land and there is access to the A38 within 1.3 miles.
DESCRIPTION
The land comprises a single field which is gently sloping and suitable for mowing and grazing and has far reaching views to the north towards the Quantock Hills. There is direct access to the public highway with two gateways and the field has a north-facing aspect. The soils are described as being slightly acid loamy and clayey soils with impeded drainage and the land is classified as Grade 3.
SERVICES
Mains water is connected to the land.
TENURE
The land is owned freehold and is registered on the Land Registry. Vacant possession is available from the completion date.
LOCAL AUTHORITY
Somerset Council (Somerset West and Taunton area.)
DESIGNATIONS
The land is within the Blackdown Hills AONB and is not within any Nitrate Vulnerable Zone (NVZ) or Site of Special Scientific Interest (SSSI)
SPORTING AND MINERAL RIGHTS
The sporting and mineral rights insofar as they are owned are included with the freehold.
WAYLEAVES & RIGHTS OF WAY
The property is sold subject to and with the benefit of any wayleave agreement and any public or private rights of way that may affect it. There are no public rights of way passing through the land.
VIEWING
Strictly by prior appointment with Stags. Please call: 01823 662822 or email: [email protected] to arrange an appointment.
DIRECTIONS
From Wellington town centre head towards Rockwell Green passing through the traffic lights and continue to the Perry Elm Roundabout on the A38. Turn left onto the A38 and then take the first right turn signposted Wrangway. Continue along this road and at the next crossroads turn left onto Wrangcombe Road (unsigned) and continue, passing over the M5 motorway. Upon reaching Wrangway, turn right by Warwick Farm and continue for 0.5 miles. The land will be found on the left. WHAT3WORDS Reference \\ improve.hint.improvise
PROOF OF IDENTITY
Under Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction. There will be a requirement for all bidders to register via the online sales site and complete the ID checks. There is no charge for registration.
BUYERS & ADMINISTRATION FEES
The successful purchaser(s) will pay the sum of £5,000 at the end of the auction. From this a buyer’s fee of £2,400 (inc VAT) is retained by Stags/Bamboo as a contribution towards the online platform costs, and £2,600 is payable towards the deposit. An additional administration fee of £1,200 (inc VAT) will be payable by the successful purchaser immediately after the auction.
Please note that upon completion the purchaser will be liable to pay £2589.80 (inc VAT) towards the sellers legal and search fees.
DEPOSIT PAYMENT
The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly. The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.
LEGAL PACK
Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. Prospective purchasers will need to register with the Bamboo Proptech online platform in order to download the legal pack. It is the purchaser’s responsibility to make all necessary enquiries prior to the auction. Prospective purchasers are strongly advised to inspect the legal documentation, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.
SOLICITOR ACTING
Porter Dodson Solicitors, Wellington.
COMPLETION DATE
The completion date will be 20 working days after the auction or earlier by arrangement.
DEFINITION OF AUCTION GUIDE & RESERVE PRICE
Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. We expect the reserve will be set within 10% of the guide price. Guide prices may change at any time prior to the auction.
SPECIAL CONDITIONS OF SALE
Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provisions of the latter shall prevail. Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.
Stags gives notice that: 1. These particulars are a general guide to the description of the property and are not to be relied upon for any purpose. 2. These particulars do not constitute part of an offer or contract. 3. We have not carried out a structural survey and the services, appliances and fittings have not been tested or assessed. Purchasers must satisfy themselves. 4. All photographs, measurements, floorplans and distances referred to are given as a guide only. 5. It should not be assumed that the property has all necessary planning, building regulation or other consents. 6. Whilst we have tried to describe the property as accurately as possible, if there is anything you have particular concerns over or sensitivities to, or would like further information about, please ask prior to arranging a viewing.
BUYERS & ADMINISTRATION FEES
The successful purchaser(s) will pay the sum of £5,000 at the end of the auction. From this a buyer’s fee of £2,400 (inc VAT) is retained by Stags/Bamboo as a contribution towards the online platform costs, and £2,600 is payable towards the deposit. An additional administration fee of £1,200 (inc VAT) will be payable by the successful purchaser immediately after the auction.
DEPOSIT PAYMENT
The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly. The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.
Summary
- Auction end
- 13th May at 15:30
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Guide Price: *
£100,000
Fees apply
Buyer's fee:£2,400
Admin fee:£1,200
All fees include VAT at 20%
Holding Deposit: *£2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
† Traditional
Opening bid:
£100,000Bid history
0 bidsSummary
- Auction end
- 13th May at 15:30
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
This property is being sold by:
Stags - Farm Agency
01392 680059
21/22 Southernhay West Exeter Devon EX1 1PR
†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 Proptech and Stags 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 Stags Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Proptech or any individual in employment with Bamboo Proptech 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.
Pursuant to the Auctioneer Act 1845, this auction is being conducted by the auctioneer stated above. All participants in this online auction shall note that both the Auctions (Bidding Agreements) Act 1927 and 1969 shall apply.
Where stated in the bid box above, you agree that Bamboo may pre-authorise your card for the amount of the Buyer's fee and Deposit. You will only be charged if you are the winning buyer. We will release the pre-authorisation at the end of the auction. You card issuer may take up to 10 working days for this amount to be available to you in your account.