An exceptionally attractive and versatile block of productive agricultural land with good road frontage and access.  In total 27.10 acres.

DESCRIPTION

The land is situated immediately adjoining the hamlet of Staple Cross in the parish of Hockworthy, with its popular pub (“The Staple Cross Inn”).  It occupies a plateau, sitting at around 215m-220m above OS, overlooking an attractive band of gently undulating countryside.  The land is within convenient reach of the towns of Wellington and Tiverton (approximately 7.5 miles and 8 miles respectively), as well as Junction 27 of the M5 motorway (approximately 5 miles). 

The land comprises a single enclosure of productive and versatile Grade 3 agricultural land, reported to have freely draining slightly acid loamy soils (according to the National Soil Resources Institute). It is presently down to grass but with potential for alternative cropping.  The boundaries are predominantly comprised of traditional bank and hedgerows, although with a post and wire fence boundary to the north.  It benefits from good road frontage and access to the south and east, including a livestock handling pen to the south-west corner. There is a mains water connection serving a livestock drinking  trough.  It affords significant appeal to those with agricultural, equestrian, environmental, horticultural or general amenity interests (subject to any necessary planning permissions where applicable). 

In total, the land extends to about 27.10 acres, as edged red for identification purposes only on the enclosed site plan.

SERVICES AND OUTGOINGS

Mains water supply to livestock drinking trough.

COMMONS GRAZING RIGHTS

We understand that the freehold also includes commons grazing rights on some nearby common land, for 10 cattle or 50 sheep (Commons Register Unit CL12 -  land formerly part of Staple Court), together with rights to “take stone”.

RIGHTS OF WAY, EASEMENTS, WAYLEAVES ETC

The property is offered for sale subject to and with the benefit of all matters contained in or referred to in the property charges register of the registered title, together with all public and private rights of way, wayleaves, easements and other rights of  way whether these are specifically referred to or not.

BASIC PAYMENT SCHEME

The land was registered to receive entitlement payments under the Basic Payment Scheme, with the 2023 payment retained by the vendors. The purchaser(s) must comply with cross compliance until 31/12/2023. No entitlements are available with the land. 

TENURE & POSSESSION

The property is of freehold tenure and with vacant possession available upon completion of the purchase.

SPORTING AND MINERAL RIGHTS

The sporting and mineral rights insofar as they are owned will be included in the sale.

DIRECTIONS

‘What3Words’ - For the exact location download the ‘What3Words’

App and enter: “swerving.overjoyed.orchids”

METHOD OF SALE

The property will be offered for sale by online unconditional auction: www.gth.net/auctions/property/onlineauctions

Timed Online Auction due to end at 1pm on Wednesday 1st November 2023.

RESERVE

The property will be offered for sale subject to an undisclosed reserve and the Vendors reserve the right through their Agents to bid up to and including the reserve price.

AUCTION PACK

The Auction Pack prepared by the vendor’s solicitors, containing the contract and special conditions of sale, is available online at www.gth.net/auctions/property/onlineauctions

All prospective purchasers bidding through the online auction will be deemed to have bid for the property in the full knowledge of their contents and shall not raise any requisition or objection whatsoever thereafter.

BUYERS & ADMINISTRATION FEES

At the end of the auction the successful purchaser(s) will be liable to pay the sum of £5,000, of which a “buyers fee” of £3,600 (incl. VAT) is retained by Bamboo Auctions/GTH as a contribution towards the online platform costs, and the remaining £1,400 goes towards the purchase price.  In addition, an “administration fee” of £600 incl. VAT will be payable by the successful purchaser immediately following the auction.

BIDDER REGISTRATION

All potential bidders are required to register online at gth.net/auctions/online auction in order to view the legal documents and/or bid.

CONSUMER PROTECTION REGULATIONS

Whilst we endeavour to make our sales details accurate and reliable, if there is any point which is of particular interest to you please contact the office and we will be pleased to confirm the position for you, particularly if you are contemplating travelling some distance to view the property.

Guide Price: An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price: the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

IMPORTANT NOTICE:

Greenslade Taylor Hunt, their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.   They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Greenslade Taylor Hunt has not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

3. We have not made any investigations into the existence or otherwise of any issues concerning pollution of land, air or water contamination and the purchaser is responsible for making his own enquiries in this regard.

4. All persons wishing to view the property do so entirely at their own risk. Neither the Vendors or their Agents will be held liable for any damage or injury that may occur when interested parties are visiting the property.  The vendor or their agents take no liability for any injury caused within reason whilst on the property. All potential purchasers are asked to observe the country code and close all gates.

5. Our Health and Safety policy requires all interested parties undertaking viewings of this site to be accompanied by a member of our staff. (If so directed by a member of GTH they must wear their own appropriate Personal Protection Equipment (PPE). If interested parties do not adhere to our policy and view the site unaccompanied (or without PPE) they do so at their own risk and we/ the seller cannot be held liable for any personal injury or associated claim for compensation.

Version v.4.1 – updated 23.09.2023

BUYERS FEE

At the end of the auction the successful purchaser(s) will be liable to pay the sum of £5,000, of which a “buyers fee” of £3,600 (incl. VAT) is retained by Bamboo Auctions/GTH as a contribution towards the online platform costs, and the remaining £1,400 goes towards the purchase price. 

ADMINISTRATION FEES

In addition, an “administration fee” of £600 incl. VAT will be payable by the successful purchaser immediately following the auction.  This will be invoiced directly by the selling the Agent.

LOCAL AUTHORITY SEARCH FEES

On completion the buyer will reimburse the seller for fees paid in respect of Local Authority Search in the sum of £156.00.