METHOD OF SALE
The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Wednesday 19th October 2022 at 5pm.
The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. The property can be accessed via our website stags.co.uk.
SITUATION
Located a short distance from the small town of Colyton, the land
has a quiet accessible position.
Colyton has a rich historical heritage with many interesting buildings
dating back as early as the 14th century and which offers a
surprising range of day to day amenities including shops, primary
school, the renowned Colyton Grammar School, terminus for the
Colyton/Seaton tramway, Post Office, health centre, pubs,
restaurants and the beautiful parish church of St Andrews.
The coast at Lyme Regis with its famous Cobb and bay with other
resorts at Sidmouth, Seaton, Beer and Branscombe, are all within a
short distance. There is a main line station on the London Waterloo
line at Honiton and Axminster. Colyton lies in the heart of the East
Devon Area of Outstanding Natural Beauty
DESCRIPTION - AUCTION GUIDE £50,000
Extending to just under 1 acre, this gently sloping paddock is enclosed by mature hedge banks and trees with a wide variety of species including numerous Hazel, Oak, Willow, Ash and Hawthorne. Along the north-eastern edge of the paddock are a number of mature and highly productive apple trees, of both eating and cider varieties, in good years yielding significant juice for bottling or cider-making. There are also a number of plum trees.
The paddock has two timber frame buildings in need of some repair, both with tin roof and cladding, naturally sheltered by the roadside boundary hedge. We understand there is a small spring fed well, which could provide water for livestock.
The paddock is therefore suitable for equestrian purposes or other small scale livestock, and could also be developed as a productive small holding, orchard or cidery. Equally it could be further planted up and managed as a haven for wildlife. We understand our clients have managed the land without the use of chemicals during their ownership.
In all the land extends to 0.96 acres (0.39 ha.)
SERVICES
None connected.
WHAT 3 WORDS LOCATION
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DIRECTIONS
From the centre of Colyton, head into Queen street and opposite the Soanes Cycle shop turn left into Sidmouth Road, going up the hill out of the town. After about 300m the paddock will be on your right.
PROOF OF IDENTITY
Under the 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 registration.
BUYERS & ADMINISTRATION FEE
The successful purchaser(s) will be liable to pay the sum of £5,000. From this a "buyer's 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.
An additional "administration fee" of £600 inc VAT will be payable by the successful purchaser immediately after the auction. This will be
separately invoiced by Stags.
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. 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 and to consult legal advice prior to bidding.
SOLICITOR ACTING
Cameron Evans-Grainger - Everys Solicitors
The Laurels, 46 New Street, Honiton, EX14 1BY.
01404 43431 - [email protected]
COMPLETION DATE
The completion date will be as dictated by the solicitor and included in the legal pack, likely to be 20 working days following exchange.
DEFINITION OF AUCTION AND RESERVE
Guide price is an indication of the seller's expectation.
Reserve Price is a figure below which the auctioneer cannot sell the lot at auction.
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide.
Guide prices may change at any time prior to the auction.
SPECIAL CONDITIONS OF SALE
Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provision of the
latter shall prevail. Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all
necessary enquiries prior to the auction.
Stags - Farm Agency
