METHOD OF SALE The property is offered for sale by Traditional Online Auction (unless sold prior.) The auction end date is Tuesday 30th September 2025 at 5:00pm. The vendor reserves the right to withdraw, sell or alter the land for sale prior to the auction end date. The property can be accessed via our website (stags.co.uk) on the Auction page. SITUATION The land is situated 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 (... x ... metres) which was constructed in circa 2007. ACCESS There is direct access to the land 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. 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 development on the land within a 30 year period from the completion date, the sellers will receive 25% of the increase in value (assessed by an independent valuer) 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. BOUNDARY PLAN A plan which is not to scale, is included with these sale particulars for identification purposes only. VIEWING Viewings are strictly by appointment. Please contact Stags (01884 235705 or email: [email protected]) 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 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 & ADMINISTRATION FEES The successful purchaser(s) will pay the sum of £5,000 at the end of the auction. From this a buyer’s fee of £2,400 (inc VAT) is retained by Stags/Bamboo as a contribution towards the online platform costs, and £2,600 is payable towards the deposit. An additional administration fee of £1,200 (inc 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 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. 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. Prospective purchasers will need to register with the Bamboo Auctions 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 will/may contain material information regarding the property, and to consult legal advice prior to bidding. SOLICITOR ACTING COMPLETION DATE The completion date will be 20 working days after the auction or earlier by arrangement. DEFINITION OF AUCTION GUIDE & RESERVE PRICE 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 10% of the guide price. 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 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
