METHOD OF SALE The property is to be offered for sale by Traditional Public & Online Auction at 6.00pm on Wednesday 31st May 2023 at The Lanhydrock Hotel and Golf Club, Lostwithiel Road, Bodmin, PL30 5AQ. The property will be sold subject to an undisclosed reserve and the vendor/s reserve the right for the auctioneer to bid in the usual way on their behalf up to the reserve. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. https://www.bamboofusion.co.uk/auctions/stags-auction-7623663?page=1 If you already have an account set up with Bamboo Auctions, you will be able to use those same login credentials to gain access to your account on Bamboo Fusion. If you have also previously completed the buyer registration, these details will follow you into your fusion account. - Click here for Bamboo Fusion website . If you are a new customer, or have a Bamboo account but did not complete the buyers registration steps, you will need to complete these steps on the Bamboo Fusion website in order to bid- Click here for Bamboo Fusion website . SITUATION The land is situated in a peaceful rural position with fine far reaching views over unspoilt countryside. It is accessed off a minor lane yet conveniently positioned just off the A390, 4 miles from a popular beach. The quaint fishing village of Fowey lies 6 miles to the SW. A comprehensive network of paths and rural lanes provide excellent walking and riding opportunities. Lanlivery has a popular pub - The Crown Inn. Lostwithiel offers a good variety of amenities including pubs, supermarkets and shops. Further amenities can be found at St Austell and Bodmin. DESCRIPTION - AUCTION GUIDE £150,000 - £175,000 This property offers an opportunity to create an idyllic equestrian smallholding overlooking its own 6.38 acres with far reaching views beyond.. It sits in a peaceful position yet close to good roads. The small barn lies near the gateway and has Class Q Permission to convert into a 2 bedroom house granted under planning ref: PA22/08621 on the 22/11/22. The land is well fenced and divided into 6 practical paddocks and a handling area by the barn. A copy of the planning drawings and consent can be viewed within the Legal Pack. Unless an exemption applies, for example Self Builder Exemption, Community Infrastructure Levy (CIL) is likely to apply. Purchasers to satisfy themselves on this. SERVICES No Services are connected. Please see the Drainage Search within the Legal Pack for the location of the nearest water main. Overhead mains electricity looks to be available for connection as it crosses the property near the barn. Purchasers to satisfy themselves on these points. The fields all have water troughs connected to a rainwater harvesting system by the barn. WAYLEAVES AND RIGHTS OF WAY The land is sold subject to and with the benefit of any wayleave agreements in respect of electricity or telephone equipment and the property is sold subject to and with the benefit of any public or private rights of way. There are no public rights of way that affect the property. LOCAL AUTHORITY Cornwall Council, New County Hall, Treyew Road, Truro, Cornwall, TR1 3AY. T: 0300 1234100, www.cornwall.gov.uk. TENURE & COMPLETION The property is sold freehold with vacant possession on completion 6 weeks after the auction (12th July 2023) or earlier by agreement. 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 Bamboo Fusion and complete the ID checks in advance of the auction date. There is no charge for registration. BUYERS & ADMINISTRATION FEE The successful purchaser(s) of each lot 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/deposit. An additional administration fee of £1,200 inc. VAT will be payable by the successful purchaser of each lot immediately after the auction. This will be separately invoiced by Stags. The purchasers shall also reimburse the vendor the cost of the searches carried out, on completion. (This would usually be paid by a buyer in a private treaty sale.) VIEWING Strictly by prior appointment with the vendor's appointed agents, Stags Cornwall Farm Agency Office on 01872 266729. DIRECTIONS What3Words: //////official.snow.throat From the Bodmin junction of the A30 proceed south towards Liskeard. At the first roundabout take the 3rd exit towards Lostwithiel. Proceed to the end of this road and take the first exit off the mini roundabout, still towards Lostwithiel. Proceed for about 3 miles to the T junction at the end of this road. Turn right towards St Austell and Lanlivery. Proceed for 0.7 of a mile and take the 3rd turning on the right down a minor lane that is not signposted. The land is on the left hand side of the first right hand corner.. A Stags For Sale Board has been erected. Park in front of the locked gate and climb over. 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 and to consult legal advice prior to bidding. VENDOR'S SOLICITORS Vernon Clarke - Tozers Solicitors Broadwalk House, Southernhay West, Exeter, EX1 1UA. Tel: 01392 6676721 Email: [email protected] DEFINITION OF AUCTION 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 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 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
Stags - Farm Agency
