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"Hollis Morgan MAY LIVE ONLINE AUCTION A Freehold DETACHED FIRE DAMAGED HOUSE Scope to RENOVATE or DEMOLISH for NEW BUILDS CASH BUYERS ONLY

For Sale By Live Online Auction ADDRESS Moorview Farm, Cinnamon Lane, Glastonbury, Somerset BA6 8BN

Lot Number TBC

The Live Online Auction is on Wednesday 14th May 2025 @ 17 30
Registration Deadline is on Monday 12th May 2025 @ 16 00

The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer.
Registration is a simple online process please visit the Hollis Morgan auction website and click REGISTER TO BID

Pre Auction Offers On this occasion the vendors will NOT be considering pre auction offers.

The Property A Freehold 3 4 bed detached house with accommodation arranged over 2 floors occupying a generous plot with garage.
No Internal Inspection the property is unsafe and cannot be viewed.
Sold with vacant possession.

Tenure Freehold
Council Tax Band E
EPC TBC
Utilities, Rights & Restrictions Please refer to the Legal Pack
Flood Risk Please refer to the Legal Pack

The Opportunity FIRE DAMAGE HOUSE CASH BUYERS ONLY

The property has been extensively damaged in a recent fire and now requires complete renovation.

POTENTIAL PLOT

There is scope to demolish the existing house and erect a scheme of new builds.
Subject to gaining the necessary consents.
We understand no scheme of this nature has been recently sought.

Location The historic market town of Glastonbury boasts a variety of unique local shops in the High Street, with its very own 8th century Abbey and 14th century Tor. Glastonbury provides the usual small town facilities including a selection of schools, catering for infants through to secondary education, churches, supermarkets, a library, two doctors surgeries and a local hospital. Street, just 2 miles away is a thriving mid Somerset town famous as the home of Millfield School, Clarks Shoes and more recently Clarks Village shopping centre complementing the High Street shopping facilities. The Cathedral City of Wells is 6 miles whilst the nearest M5 motorway interchange at Dunball Junction 23 some 15 miles distance. Bristol, Bath, Taunton and Yeovil are all within commuting distance. At Castle Cary mainline trains run to London Paddington.

Solicitors & Completion James Knott
Clarke Willmott

James.


EXTENDED COMPLETION

Completion is set for 8 weeks or earlier subject to mutual consent.

Legal Pack Complete We have been informed by our client s solicitors that the legal pack for this lot is now complete.

Should any last minute addendums occur you will be automatically notified by email.

If the vendors have indicated they are willing to consider pre auction offers, now is the time to submit your offer by completing the pre auction offer form.

Important Auction Information NO VIEWINGS ON THIS PROPERTY

The property is not safe and unsuitable for internal inspection.
Anyone choosing to enter the premises or the grounds does so at entirely their own risk.
Hollis Morgan, our clients or any associated agents accept no responsibility for any injuries associated with viewing this property.

ONLINE LEGAL PACKS

Digital Copies of the Online legal pack can be downloaded Free of Charge.
Please visit the Hollis Morgan Website and select the chosen lot from our Current Auction List.
Press the GREEN button to "Download Legal Packs" For the first visit you will be required to register simply with your email and a password.
Having set up your account you can download legal packs or if they are not yet available, they will automatically be sent to you when we receive them.
You will be automatically updated by email if any new information is added.
There will be a note added to the list to confirm AUCTION PACK NOW COMPLETE when no further information is due to be added.
*** STAY UPDATED *** By registering for the legal pack we can ensure you are kept updated on any changes to this Lot in the build up to the sale.

BUYER S PREMIUM

Please be aware all purchasers are subject to a £1,500 VAT £1,800 inc VAT buyer s premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.

GUIDE PRICE

An indication of the seller s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price reserve would fall, or as a single price figure within 10% of which the minimum acceptable price reserve would fall. A guide price is different to a reserve price see separate definition . Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

RESERVE PRICE

The seller s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

REGISTRATION PROCESS

The registration process is extremely simple visit the Hollis Morgan auction website and click on the Register to Bid button.
The Register to Bid button can be found on the auction home page or on the individual lot listings.
Please note this function is not available on Rightmove or Zoopla.

Stage 1 Complete the Online Bidding Form
Stage 2 Upload your certified ID
Stage 3 Invitation to bid
Stage 4 Pay your security deposit £6,800

You are now ready to bid Good luck!

If your bid is successful, the balance of the deposit monies must be transferred to our client account within 24 hours of the auction sale.
If you are unsuccessful at the auction your holding deposit will be returned within 48 hours.

SURVEYS AND VALUATIONS

If you would like to arrange a survey or mortgage valuation of this Lot BEFORE the auction, please instruct your appointed surveyor to contact Hollis Morgan and we will arrange access for them to inspect the property. Please note that buyers CANNOT attend the surveys and the surveyors are responsible for collecting and returning keys to the Hollis Morgan offices in Clifton.

AUCTION FINANCE & BRIDGING LOANS

Some properties may require specialist auction finance please contact Hollis Morgan for access to expert advice and whole of market rates from our independent brokers.

Hollis Morgan may receive introductory fees for this service from the broker.

AUCTION BUYER S GUIDE VIDEO

We have short video guides for both buying and selling by Public Auction on the Hollis Morgan Website. If you have any further questions regarding the process, please don t hesitate to contact Auction HQ.

2025 CHARITY OF THE YEAR

Hollis Morgan is supporting Uncle Pauls Chilli Charity empowering socially disadvantaged people with barriers to learning & or disabilities based in Butcombe, North Somerset, our land overlooks the Mendip Hills and Blagdon lake. There are three main areas of focus at Uncle Paul s Chilli Charity Education, Wellbeing and Social Prescribing visit for more details or the Hollis Morgan Charity Page of our website.

AUCTION PROPERTY DETAILS DISCLAIMER

Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system s listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.

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