Description
A level paddock adjoining a stream with a timber storage building. 0.37 acres (0.15 hectares). Direct road access. For sale by private treaty. FREEHOLD.
Situation - The land is situated in an accessible location, within walking distance of the centre of the village of Shillingford in Mid Devon, near to the B3227 which links Bampton and Wiveliscombe.
The town of Bampton lies 1.8 miles to the south-west of the land and Wiveliscombe is 7.7 miles top the north-east. The market town of Tiverton is 8.5 miles to the south of the land.
Description - The land lies in an attractive setting and comprises a level paddock surrounded by mature trees with the Ben Brook Stream flowing along the northern and eastern boundaries.
The land totals approximately 0.37 acres (0.15 hectares) and has been used for grazing and recreational purposes by the current owners. There is a timber storage building (6.00m x 3.68m) which was constructed in circa 2007.
Access - There is direct access from the adjoining public highway.
Services - There are no mains services connected to the land. Natural water is available from the Ben Brook which flows along the boundary.
Tenure - The land is owned freehold and vacant possession is available from the completion date.
Method Of Sale - Once sale terms have been agreed the purchaser will be expected to exchange contracts via the auction platform.
Upon exchange of contracts the successful purchaser(s) will pay the sum of £5,000. From this a fee of £2,400 (including VAT) is retained by Stags / Bamboo Proptech as a contribution towards the online platform costs, and £2,600 is payable towards the deposit (10% of the purchase price.)
Deposit Payment - The Seller and Buyer agree that the buyer may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of contracts being exchanged. 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.
Legal Pack - Copies of the legal pack and special conditions of sale are available online via the tab on the online auction property listing page. 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 which will/may contain material information regarding the property, and to consult legal advice prior to making an offer.
Local Authority - Mid Devon District Council.
Overage - The land will be sold subject to a development uplift (overage) provision on the following terms: Upon planning consent being granted for any residential development on the land within a 30 year period from the completion date, the sellers will receive 25% of the increase in value. The overage deed is available to read within the legal pack.
Wayleaves & 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.
There are no public rights of way passing through the land.
A third party has the right to enter the land for the purposes of inspecting, renewing and repairing the pipes shown on the plan with a blue dash line.
Viewing - Viewings are strictly by appointment. Please contact Stags (01884 235705 or email: farms@stags.co.uk) to arrange an appointment.
Directions - From the B3227 in the centre of Shillingford, turn off this road and with the bus shelter on the right, follow the road around to the left (signed 'unsuitable for heavy goods vehicles'). Continue for 0.2 miles and the entrance gate into the land will be found on the right.
What3words - Reference/// dance.hawks.spell
Disclaimer - These particulars are a guide only and are not to be relied upon for any purpose.
