METHOD OF SALE The property is offered for sale by Online Traditional Auction (unless sold prior.) The auction ends on Wednesday 22nd March 2023 at 5pm. The vendor reserves the right to withdraw or alter the land for sale prior to the auction end date. The property can be accessed via our website - stags.co.uk. SITUATION The land is situated a short distance to the north-west of the village of Stoodleigh in Mid Devon. Access to the A361 is within 2 miles and the market town of Tiverton lies 6 miles to the south-east of the land. DESCRIPTION - AUCTION GUIDE £80,000 to £100,000 The land comprises two gently sloping pasture enclosures and totals approximately 9.69 acres (3.92 hectares.) The fields are divided by a mature tree-lined boundary hedge and could be improved for grazing or managed for conservation purposes. There is a field shelter near to the access point from the road and the soils are described as freely draining, slightly acid loamy soil - classified as Grade 3. ACCESS There is access to the land from a council maintained highway. SERVICES There are currently no mains services connected to the land. A spring rises in the north-western corner. TENURE The land is owned freehold and is registered on the Land Registry. Vacant possession is available from the completion date. DESIGNATIONS The land is not within a Nitrate Vulnerable Zone (NVZ) LOCAL AUTHORITY Mid Devon District Council 01884 255255 www.middevon.gov.uk BOUNDARY PLAN A plan which is not to scale, is included with these sale particulars for identification purposes only. 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 across the land. SPORTING AND MINERAL RIGHTS The sporting and mineral rights insofar as they are owned are included with the freehold. VIEWING Viewing appointments are strictly by prior appointment with Stags. Tel: 01884 235705. Email: [email protected] DIRECTIONS From Stoodleigh, at Ford Cross adjacent to the village hall, proceed towards Rull and Coleford. Continue for about 200 yards and the entrance gate into the land will be found on the left. WHAT3WORDS \\soon.arriving.inflates 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. SOLICITOR ACTING Hole & Pugsley Solicitors, 6 St. Peter Street, Tiverton, Devon, EX16 6NX. Morwenna Pugsley [email protected] 01884 252 827 COMPLETION DATE The completion date will be 20 working days after the auction or as dictated by the solicitor. PROOF OF INDENTITY 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 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 as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price. An additional administration fee of £1,200 inc VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags. 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 auction
Stags - Farm Agency
