For Sale By Auction | 13:00, 03 December 2020 | Lot 3

Manor Farm, Tarnock, Axbridge, Somerset, BS26 2SL

Sold £1,360,000

  • Mixed Use
  • Tenure: Freehold

Call the team on 01772 772450 for more information

Auction Date

Thu 03/12/2020

Auction Time

13:00

Auction Venue

Online Auction Online Auction,

Mixed Use Investment Opportunity -Including 6-Bed Farmhouse, Hardstanding Land, Retail Units and 13 Acres of Land Plus Industrial Complex of Approx 45,000 sq ft and a Further 17 Acres of Land with 5,000 sq ft Barn

On behalf of mortgagee not in possession with no internal viewings available. The subject property comprises a diversified farmstead extending to a total of c30 acres on separate titles as follows: (1) Manor Farm (Title ST240228) – Extending to approximately 13 acres of which approximately 8 acres houses the commercial element, including a large period 6-bedroom farmhouse, annex, retail farm shop (situated toward the main road) and industrial complex of buildings (many of which appear to be let to third parties) plus areas of hardstanding. We are aware of 7/8 rental units, including the retail shop, various vehicle repairers and sign makers on site. The industrial complex is arranged with a variety of buildings providing approximately 45,000 sq ft of accommodation which we understand are occupied by various tenants mainly focused on the motor trade. The hardstanding land is understood to provide parking for approximately 70 HGV’s and are understood to have been let on an individual basis. We are not aware of the rental income derived from these units. (2) c17 Acres Accessed from Old Mead Lane (Title ST124731) – Comprising approximately 17 acres of mainly grassland with approximately 5,000 sq ft steel portal frame barn to the south west corner plus hardstanding and yardage to the front. This land is divided into two enclosures. PLEASE NOTE THE BUNGALOW KNOWN AS “THE MEADOWS” (EDGED BLUE & SHADED GREEN ON THE TITLE PLAN) IS NOT INCLUDED IN THE SALE. Location The property is assessed from the A38 just to the East of Tarnock village, approximately 5 miles from Junction 22 of the M5 motorway. The main farm (Manor Farm) occupies an edge of village location, backing onto open countryside. Tarnock is a village and civil parish and Sedgemoor district of Somerset, England, 2 miles (3.2 km) South West of Axbridge. Tenancy No tenancy information is available. See legal pack for further information All interested parties are to rely on their own enquiries. Tenure: Title ST240228 – Freehold Title ST124731 – Freehold See legal pack

Tenure

Freehold

Energy Efficiency Rating (EPC)

Current Rating Farmhouse - E, Annexe - F

Local Authority

Somerset County Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 1.2% inc VAT of the purchase price payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.