METHOD OF SALE The property will be offered for sale by Online Auction (unless sold prior.) The auction end date is Thursday 19th September 2024 at 6pm. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. SITUATION The land is situated near Bridestowe in West Devon and lies about 0.5 of a mile from the A30 at Sourton Down. The A30 is the main transport route through Mid Devon and links Exeter in the East to Cornwall, West. Local villages and town centres boast various shops and amenities to support the busy rural community including Mole Avon country stores in Okehampton and Maunders Farm and Country in Launceston. INTRODUCTION: AUCTION GUIDE £10,000 - £15,000 The land extends to about 1.39 acres of level pasture which abuts the roadside to the South. The land is surrounded by boundaries of mature hedging. SERVICES No services connected. ACCESS Access to the land is via the publicly adopted highway. GRAZING RIGHTS No Common Rights. TENURE AND POSSESSION The land is freehold and is available with vacant possession on completion. LOCAL AUTHORITY West Devon Local Authority - www.westdevon.gov.uk SPORTING AND MINERAL RIGHTS The sporting and mineral rights insofar as they are owned are included with the freehold. WAYLEAVES AND 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. PLANS & BOUNDARY FENCES A plan which is not to scale, is included with these sale particulars for identification purposes only. The vendor shall not be called upon to define the ownership of boundary fences. 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 administration. BUYERS & ADMINISTRATION FEE The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a buyers 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. 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. AUCTION 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. Prospective purchasers will need to register with the 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, this will/may contain material information regarding the property, and to consult legal advice prior to bidding. VENDORS SOLICITOR Kate Gay Ashfords LLP Ashford House Grenadier Road Exeter EX1 3LH [email protected] 013920333671 COMPLETION DATE The completion date will be 20 working days after the auction or as dictated by the solicitor. VIEWING Strictly by appointment only and during daylight hours. Please contact Stags Farm Agency on 01392 680059. WARNING Farms and land can be dangerous places. Please take care when viewing the property, particularly in the vicinity of farm buildings and livestock. DIRECTIONS From the A30 at Sourton Down follow signs for Bridestowe and Lewdown. Continue along the road for about 0.4 of a mile. The land is situated on the right of the road and marked by a Stags sale board. DISCLAIMER These particulars are a guide only and are not to be relied upon for any purpose. DEFINITION OF AUCTION GUIDE AND RESERVE 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 the guide range. 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
