Property photos
Auction
Freehold
Guide price
£50,000
Land for sale
Silver Street, Ilminster TA19Key Information
Tenure:
Freehold
Council tax band:
true
Local area information
Property location
Nearby amenities
- Greenfylde Church of England First School 0.1 miles
- Swanmead Community School 0.2 miles
- Crewkerne 6.9 miles
- Bridgwater Ferry Terminal 15.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Sale by Modern Auction (T&Cs apply)
- Subject to an undisclosed Reserve Price
- Buyers fees apply
- Land with Fabulous Development Opportunity
- Wonderful Tucked Away Enclave in Central Ilminster
- Available to Purchase with the Freehold of Three Apartments
- Subject to Necessary Planning Permission
- Contact Our Experienced Sales Team for More Information
Summary
Enjoying superb potential for residential or commercial development, this small but exceptionally alluring pocket of land benefits from an enchanting 'tucked-away' position within the thriving market town of Ilminster, directly opposite the beautiful and iconic landmark of the minster.
Description
This surprisingly secluded parcel of land is available to purchase with the full freehold title of the three Pool Wall apartments, and the charm of this exquisite location must simply be seen to be believed. The walled perimeter and title boundary encompasses the three Pool Wall apartments which include vehicular access from Silver Street, a turning area, and four garages which are leased to the current owners of the apartments. An area of grassland is the proposed area for development measuring approximately 23 meters x 11 meters and would ideally suit a residential development of one or two dwellings, or small commercial enterprise, subject to full planning permission and the usual consents. This wonderful enclave of peace and tranquillity commands an impressive central position within the bustling market town of Ilminster and can be accessed through an intriguing archway located directly opposite the seminal Minster parish church.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Agents Note
Please contact the sales team for further information about this fabulous development opportunity.
Directions
From Taunton at the M5 junction 25 roundabout proceed in an easterly direction along the A358, proceeding into Ilminster town centre following the one-way system, turning right at the market square on to Silver Street where the property will be located directly opposite the Minster church and just before the entrance to Greenfylde primary school.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Enjoying superb potential for residential or commercial development, this small but exceptionally alluring pocket of land benefits from an enchanting 'tucked-away' position within the thriving market town of Ilminster, directly opposite the beautiful and iconic landmark of the minster.
Description
This surprisingly secluded parcel of land is available to purchase with the full freehold title of the three Pool Wall apartments, and the charm of this exquisite location must simply be seen to be believed. The walled perimeter and title boundary encompasses the three Pool Wall apartments which include vehicular access from Silver Street, a turning area, and four garages which are leased to the current owners of the apartments. An area of grassland is the proposed area for development measuring approximately 23 meters x 11 meters and would ideally suit a residential development of one or two dwellings, or small commercial enterprise, subject to full planning permission and the usual consents. This wonderful enclave of peace and tranquillity commands an impressive central position within the bustling market town of Ilminster and can be accessed through an intriguing archway located directly opposite the seminal Minster parish church.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Agents Note
Please contact the sales team for further information about this fabulous development opportunity.
Directions
From Taunton at the M5 junction 25 roundabout proceed in an easterly direction along the A358, proceeding into Ilminster town centre following the one-way system, turning right at the market square on to Silver Street where the property will be located directly opposite the Minster church and just before the entrance to Greenfylde primary school.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Floor plans and tours
Floor plans
No floor plan available
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Connells - Taunton
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