Description
A paddock of about 1.39 acres with road frontage
Method Of Sale - The property will be offered for sale by Online Auction (unless sold prior). The auction end date is Thursday 19th September 2024 at 6 pm. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.
Situation - The land is situated near Bridestowe in West Devon and lies about 0.5 of a mile from the A30 at Sourton Down.
The A30 is the main transport route through Mid Devon and links Exeter in the East to Cornwall, West.
Local villages and town centres boast various shops and amenities to support the busy rural community including Mole Avon country stores in Okehampton and Maunders Farm and Country in Launceston.
Introduction: Auction Guide £10,000 - £15,000 - The land extends to about 1.39 acres of level pasture which abuts the roadside to the South. The land is surrounded by boundaries of mature hedging.
Services - No services connected
Access - Access to the land is via the publicly adopted highway
Grazing Rights - No Common Rights
Tenure And Possession - The land is freehold and is available with vacant possession on completion.
Local Authority - West Devon Local Authority - www.westdevon.gov.uk
Sporting And Mineral Rights - The sporting and mineral rights insofar as they are owned are included with the freehold.
Wayleaves And 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.
Plans & Boundary Fences - A plan which is not to scale, is included with these sale particulars for identification purposes only. The vendor shall not be called upon to define the ownership of boundary fences.
Completion Date - The completion date will be 20 working days after the auction or as dictated by the solicitor.
Definition Of Auction Guide And Reserve - 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 the guide range.
Guide prices may change at any time prior to the auction.
Buyers & Administration Fee - The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a 'buyers fee' of £2,400 (inc VAT) is retained by Stags/Bamboo Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.
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.
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 administration.
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 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.
Vendors Solicitor - Kate Gay Ashfords LLP Ashford House Grenadier Road Exeter EX1 3LH
k.gay@ashfords.co.uk 013920333671
Viewing - Strictly by appointment only and during daylight hours. Please contact Stags Farm Agency on 01392 680059.
Warning - Farms and land can be dangerous places. Please take care when viewing the property, particularly in the vicinity of farm buildings and livestock.
Directions - From the A30 at Sourton Down follow signs for Bridestowe and Lewdown. Continue along the road for about 0.4 of a mile. The land is situated on the right of the road and marked by a Stags sale board.
Disclaimer - These particulars are a guide only and are not to be relied upon for any purpose.
