METHOD OF SALE Chapel Hill Farmhouse is offered for sale by Online Traditional Auction (unless sold prior via Bamboo/Stags auction conditions.) The auction end date is TBC. The Vendor reserves the right to alter the lot prior to the auction end date. SITUATION The property stands in a commanding rural position with tremendous views to the west and Carbis Bay in the distance. The nearest villages of Troon and Praze an Beeble offer a variety of everyday facilities and amenities, supplemented further by Camborne about 3 miles to the north. THE DWELLINGS The sale presents a tremendous opportunity to buy a well-positioned country property with a variety of residential assets, requiring some improvement, either for letting purposes or multi occupational/community living. The accommodation to the residential dwellings are shown on the attached floor plans and comprise a spacious Farmhouse of some 3,014 sq ft; Lofty View Flat of about 319 sq ft; and Orchard View Lodge of 1,512 sq ft. In addition, there are two mobile homes (uninhabitable) in the lower grounds - Dunnett and Robins Nest - which benefit from a separate vehicular access and offer official residential units (see Town and Country Planning below) THE BUILDINGS Between Orchard View Lodge and the main house are a range of buildings being a useful workshop, adjoining 2-storey Store Barn and 3 further smaller Workshops and Store over – all with potential for conversion (subject to all necessary consents and approvals.) THE GARDENS, GROUNDS AND LAND Adjacent to the Farmhouse and Orchard View Lodge are gardens with below an Orchard well stocked with a number of fruiting trees. To the east, is an old Vegetable Garden including some polytunnel rings (no cover). Generally the grounds are quite overgrown and are in need of some attention. The land comprises a paddock with hedged borders and a number of tree standards. Nearby are a pair of stables. In total, the property extends to about 4.06 acres. TOWN AND COUNTRY PLANNING Certificates of Lawfulness for Existing Use or Development have been granted on Orchard View Lodge (PA21/07568 dated 14.01.2024), Dunnett and Robins Nest (PA23/02808 dated 19.05.2023) which confirm the use of this timber lodge and the mobile homes as lawful residential dwellings. Further details can be viewed within the auction legal pack. SERVICES Mains electricity connected. It is envisaged that the purchaser will sink a borehole and a quotation has been obtained which is included within the auction legal pack (a temporary private water supply from retained land will be provided for a period of six months following completion of sale). Private drainage. Heating - oil-fired central heating, electric Aga, oil-fired Rayburn and multifuel burner to the Farmhouse; Lofty View Flat - oil-fired central heating from the Farmhouse; Orchard View Lodge - bottled gas central heating. Broadband: Ultrafast Broadband available (Ofcom) Mobile telephone: 02 likely and EE, Three and Vodaphone limited inside. 02, EE, Three and Vodaphone likely outside (Ofcom) FENCING COVENANT The vendors will erect a new 6’ high hit and miss timber fence between points A, B, C, D and E as shown on the attached plan for identification purposes only within two months of completion. VIEWING Strictly by prior appointment with Stags’ Truro office on 01872 264488. Please note that viewings will be at specified times. DIRECTIONS From Camborne take the B3303 towards Praze an Beeble. On the edge of the town, turn left towards Treslothan and Troon, drive through the woods and continue up the hill. On reaching the 30mph sign, after about a further 30 yards turn right (unsignposted) and then bear immediately to the left. At the crossroads, turn right, drive for about 200 yards and bear right, pass the Victorian lamppost and Chapel Hill Farmhouse will be seen on the left-hand side after a short distance. 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 registration. BUYERS AND ADMINISTRATIVE FEES The successful Purchaser(s) will be liable to pay the sum of £10,000. 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 £7,600 is payable towards the purchase price. 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 amount 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 legal pack and Special Conditions of Sale are available online to be downloaded by the tab on the Online Auction Property Listing page. Prospective buyers 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 purchasers 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. SOLICITOR Thurstan Hoskin Solicitors, Chapel Street, Redruth, Cornwall, TR15 2BY. FAO: Stephen Morrison. Telephone 01209 213646. Email [email protected]. TENURE AND POSSESSION Freehold with vacant possession. The completion date will be as dictated by the auction legal pack. DEFINITION OF GUIDE PRICE AND RESERVE PRICE Guide Price is an indication of the Seller’s expectation. Reserve Price is a figure below which the auctioneer cannot sell the lots at auction. We expect the Reserve Price to be set no more than 10% higher than the guide price. 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 provisions 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. IMPORTANT Stags gives notice that: 1. These particulars are a general guide to the description of the property and are not to be relied upon for any purpose. 2. These particulars do not constitute part of an offer or contract. 3. We have not carried out a structural survey and the services, appliances and fittings have not been tested or assessed. Purchasers must satisfy themselves. 4. All photographs, measurements, floorplans and distances referred to are given as a guide only. 5. It should not be assumed that the property has all necessary planning, building regulation or other consents. 6. Whilst we have tried to describe the property as accurately as possible, if there is anything you have particular concerns over or sensitivities to, or would like further information about, please ask prior to arranging a viewing.
Stags - Farm Agency
