Building at Hele - Lot 1
Building at Hele , Exeter, EX5 4PN
- 34
Key features
Guide Price: *
£40,000
Fees apply
Buyer's fee:£2,400
Admin fee:£1,200
All fees include VAT at 20%
Holding Deposit: *£2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£40,000Bid history
1 bidJ
03/04/2023 17:38:52 - £40,000
METHOD OF SALE
The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Monday 3rd April 2023 at 4pm.
The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. The property can be accessed via our website www.stags.co.uk - Online Property & Land Auctions.
SITUATION
The building is located at Hele and lies to the North of Stathculm Road, close to the junction with Station Road. Hele is a small settlement which lies about 1 mile South of Bradninch, a popular village West of the M5 in Mid Devon. Hele is the site of Devon Valley Mill paper factory, a small range of commercial units, an antiques centre and some overnight accommodation. Brandninch offers a larger range of local services and amenities including a primary school, convenience stores, leisure facilities, pubs and a church.
INTRODUCTION TO LOT 1: GUIDE £30,000 - £40,000
The building (about 13.5m x 5m) is of a traditional construction with walls of brick, stone and timber panels under a timber frame roof covered with corrugated steel sheets. The building has been used as storage most recently.
ADDITIONAL LAND AVAILABLE LOT 2
A parcel of land that extends to about 0.36 of an acre and which lies North of the storage building. The land will be sold by Online Traditional Auction on Thursday 6th April 2023 at 4pm.
SERVICES
No services.
ACCESS
The building abuts the public highway.
TENURE AND POSSESSION
Freehold and is available with vacant possession on completion.
LOCAL AUTHORITY
Mid Devon District Council - www.middevon.gov.uk
SPORTING AND MINERAL RIGHTS
The sporting and mineral rights insofar as they are owned are included with the freehold.
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.
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. A statutory declaration has been written by the Vendor in order to register an area of additional land and this is identified in the auction legal pack.
VIEWING
By appointment only. Please contact Stags Farm Agency on 01392 680059.
DIRECTIONS
At the centre of Hele and with Devon Valley Mill on your right, take the left turn onto Stratchculm Road. The building is on the right and is marked by a Stags sale board. What3Words: wiped.movie.arise
WARNING
The building's 1st storey is in poor structural condition is will not safely carry weight. Viewing inside the building can be facilitated on request. Viewers are advised to take care during inspection.
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.
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.
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.
AUCTION LEGAL PACK
This includes the searches, draft contract, deeds/epitome of title, special conditions of sale etc., and is available to download free of charge to those who have registered, from our auction partners website (https://app.bambooauctions.com/) . It is the purchasers responsibility to make all necessary enquiries prior to the auction.
VENDORS SOLICITOR
Mr Darren Heard
WBW, Church House, Queen Street, Newton Abbot, Devon, TQ12 2QP
01626 202382 / E: darrenheard@wbw.co.uk
COMPLETION DATE
The completion date will be 20 working days after the auction or as dictated by the solicitor.
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.
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.
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.
Summary
- Auction end
- 4th Apr at 08:59
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Summary
- Auction end
- 4th Apr at 08:59
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
This property is being sold by:
Stags - Farm Agency
01392 680059
21/22 Southernhay West Exeter Devon EX1 1PR
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Stags Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Stags Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
