Description
AUCTION GUIDE £110,000 TO £140,000. Wonderful 2.37 acre freshwater lake within surrounding mixed woodland - total c.16 acres. Tucked away. Environmental and angling appeal (subject to current licence). Parking. Shed. End bidding time 5:30pm Wed 13th Aug. 16 Acres
Method Of Sale - Ennals Pool is offered for sale by Online Traditional Auction (unless sold prior via Bamboo/Stags auction conditions). The auction end date and time is Wednesday 13th August 2025 at 5.30pm. The Vendor reserves the right to alter the lot prior to the auction end date. The lot can be accessed via Stags' website - www.stags.co.uk.
Situation - Ennals Pool is individually situated in a tucked away position off a well-maintained vehicular access track near to the Eden Project. The town of St Austell is about 2 miles to the west and there is a junction to the A30(T) about 5 miles to the north. There are mainline railway stations on the London Paddington line at Lostwithiel, Par and St Austell.
Description - An attractive stone lane leads to a five bar timber gate to a parking area with open grassland within which is a block Store Building and a compost Toilet. There are a number of other buildings in various states of disrepair located around the site.
Formerly a China Clay quarry, the property has been naturally reclaimed and offers a delightful peaceful environment in a tucked away, yet accessible, position. The lake will appeal to those looking to enjoy the fishing opportunities, where there is private and commercial potential, and those appreciating the diverse conservational and environmental appeal of the whole site - being a natural haven for a variety of wildlife. With a meandering bank, the lake naturally varies in different parts and there is a central island accessible by boat. The angling can be enjoyed by boat or a number of specific locations around the bank.
Around the lake is a swathe of mature mixed broad-leaf woodland and undulating ground with a number of gullies and valleys creating much atmosphere. From several headlands there are open views across the lake. The understory presents a number of flowering Rhododendrons and in the early summer there are numerous Bluebells.
To the south of the entrance lane is a run of further deciduous woodland through which a gurgling stream runs.
Viewing - Strictly and only by prior appointment with Stags' Truro office on 01872 264488. Viewings will be at specified times.
Directions - From St Austell take the A391 north-east distributor road towards Bodmin. Drive up the dual-carriageway and at the third roundabout, turn right towards Trethurgy. On entering the village, turn right by the village hall and after about 200 yards turn left into Chapel Lane. The gated track leading to Ennals Pool is located 150 yards on the right. Drive down the track and the lake will be seen on the left after about 300 yards.
Tenure And Possession - Freehold subject to the below Fishing Licence/Agreement.
Fishing Licence/Agreement - The lake is currently stocked and managed by a fishing syndicate who occupy the site by permission of the vendors under a Licence/Agreement. Please see the auction legal pack.
Uplift Clause - Expires June 2026 - The sale of Ennals Pool is subject to a Uplift Clause in favour of Imerys whereby if any residential development takes place, 50% of any increase in value due to the development is payable to Imerys. This clause expires in June 2026.
Services - No services connected.
Bridleway, Rights Of Way Etc - A bridleway runs along the access track, which is owned by Ennals Pool (Two adjoining landowners uses the access lane to access fields to the south).
Proof Of Identity - Under Money Laundering Regulations 2017, it is a requirement for Estate Agents to perform due diligence checks on any person who intends to bid at auction. There is a requirement for all bidders to register via the online sales site and complete the ID checks. There is no charge for registration.
Buyers And Administrative Fees - The successful Purchaser(s) will be liable to pay the sum of £5,000. From this a Buyer's Fee of £2,400 including VAT is retained by Stags/Bamboo as a contribution towards the online platform costs, and £2,600 forms part of the 10% deposit.
An additional Administration Fee of £1,200 including 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 £2,600 paid online) within 48 hours at the end of the Online Auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly. Payment is to be made via the Buyer's solicitor to the Vendor's solicitor. We therefore recommend all bidders clear Money Laundering Regulations with their solicitor prior to the auction and make the balance of the deposit monies readily available for transfer immediately thereafter.
Auction Legal Pack - A copy of the pack and Special Conditions of Sale are available online to be downloaded by the tab on the Online Auction Property Listing page. Prospective bidders will need to register with 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 bidders are strongly advised to inspect the legal documentation which may/will contain material information regarding the property and to consult legal advice prior to bidding.
Solicitors - Ashfords Solicitors, Ashford House, Grenadier Road, Exeter EX1 3LH. FAO Ms S Murray. Telephone: 01392 333777 Email: s.murray@ashfords.co.uk
Definition Of Auction Guide And Reserve Price - Guide Price - an indication of the Seller's expectation. Reserve Price - figure below which the auctioneer cannot sell at auction. We expect the Reserve Price to be set within the guide range. Guide Prices may change at any time before the auction.
Access The Online Auction - Interested parties are invited to bid on www.stags.co.uk homepage. Click on "Auctions" then "Online Property" and "Land Auctions" and register directly with Bamboo Auctions to gain access to the auction legal pack and bidding facilities.
