METHOD OF SALE

The property is offered for sale by Online Traditional Auction (unless sold prior.) The auction end time is 6.30pm on Monday 29th January 2024.

The Vendor reserves the right to alter any of the lots prior to the auction end date.

SITUATION AND POTENTIAL

Situated towards the western edge of the historic mining town of St Just and Penwith in an Area of Outstanding Natural Beauty, a Heritage Coast Area, a World Heritage Site and Conservation Area. It is considered that there may be some potential for residential development on part or all of the various land lots – subject to all necessary consents and approvals.

LOT 3 - REGULAR SHAPE LEVEL PASTURE FIELD

A level pasture field with Cornish hedge boundaries extending to about 1.45 acres and with planning permission to create a new gateway access thereto. Planning permission was granted on 15th December by Cornwall Council (No. PA23/05856) for the removal of part of the Cornish hedge in the south-western corner of the field for the creation of a new vehicular gateway access.

AVAILABLE BY SEPARATE AUCTION -

LOT 1 - RESIDENCE AND ADJOING LAND 4.30pm Monday 29th January 2024

Goldings was originally a pair of single storey farm buildings which were converted and extended in the 1970s to provide a U-shaped single storey attached residence with car parking. The accommodation layout is as shown on the attached floor plan plan and is presented to the market in need of complete renovation and updating. Attached is a single storey Garage and adjacent small garden to the side. Adjoining are two level pasture enclosures. In total, Lot 1 extends to about 1.36 acres.

LOT 2 - PARCEL OF LAND 5.30pm Monday 29th January 2024

Adjoining and situated to the west and north of Lot 1 is a regular shaped parcel of land upon which it is considered there may be some potential for future residential development – subject to all necessary consents and approvals. The Lot extends to about 0.51 of an acre.

BOUNDARIES

The Purchaser of Lot 2 will be required to erect a boundary of post and rails between points A and B, as shown on the attached plan for identification purposes only and pegged on the ground, within three months of completion.

SERVICES

Lot 3 - Mains water distribution pipes situated in the adjacent public roads.

PROOF OF IDENTITY

Under Money Laundering Regulations 2007 it is a requirement for estate agents to perform due diligence checks on any person who 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.

AUCTION LEGAL PACKS

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. 

SOLICITORS

Coodes Solicitors, 8 Race Hill, Launceston, Cornwall

For the attention of Lisa Robinson. lisa.robinson@coodes.co.uk - 01566 770000.

TENURE & POSSESSION

Freehold with vacant possession. The completion dates will be as dictated by the legal packs.

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 £600 inc VAT will be payable by the successful purchaser immediately after the auction.

DEPOSIT PAYMENT

The Seller and Buyer of each lot, 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 payment to be made via the buyer's solicitor to the vendors solicitor. We therefore recommend all bidders clear Anti Money Laundering Regulations with their solicitor prior to the auction.

VIEWING

Strictly and only by prior appointment with Stags’ Truro office on 01872 264488. Viewings will be at specified times.

DIRECTIONS

From the clock tower in the centre of St Just, take Cape Cornwall Street. Drive down the road, pass the Community College and Goldings Lots 1 and 2 will then be seen on the lefthand side after a short distance. We suggest walking across Lots 2 and 1 for the purposes of viewing Lot 3.

DEFINITION OF AUCTION GUIDE PRICE & RESERVE

Guide Price(s) is an indication of the Seller’s expectations. Reserve Price(s) is a figure below which the auctioneer cannot sell the lots at auction. We expect the reserve will be set within the guide range. 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. 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 £600 inc VAT will be payable by the successful purchaser immediately after the auction.

DEPOSIT PAYMENT

The Seller and Buyer of each lot, 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 payment to be made via the buyer's solicitor to the vendors solicitor. We therefore recommend all bidders clear Anti Money Laundering Regulations with their solicitor prior to the auction.