Land near Fremington Quay
Land near Fremington Quay , Barnstaple, EX31 2QF
- 18
Key features
Guide Price: *
£20,000
Fees apply
Buyer's fee:£2,400
Admin fee:£600
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:
£32,000Bid history
25 bidsDThis is an automatic bid as the bidder has set a maximum bid for this lot
30/01/2025 17:20:38 - £32,000
CThis is an automatic bid as the bidder has set a maximum bid for this lot
30/01/2025 17:20:38 - £31,501
D
30/01/2025 17:17:42 - £30,000
See all 25 bids ▾
METHOD OF SALE
The property is offered for sale by Traditional Online Auction (unless sold prior.) The auction ends on Thursday 30th January 2025 at 5:00 pm. The vendor reserves the right to withdraw, sell or alter the land for sale prior to the auction end date.
SITUATION
The land is situated in an appealing and accessible location on the road between Fremington and Fremington Quay and within easy reach of Barnstaple's town centre. Fremington Quay (0.6 miles) is on the River Taw Estuary and has a cafe and access to the Tarka Trail for cycling and walking between Barnstaple and Instow. The centre of Fremington village is 0.6 miles to the southwest and Barnstaple's town centre is within 2.6 miles of the land.
DESCRIPTION
The land comprises a small enclosure which overlooks the Fremington Pill (River) and totals approximately 0.08 acres (0.03 hectares.) The land has been used for horticultural purposes in recent years and whilst a little overgrown at present, could also be suitable for a market garden or for camping for up to 60 days per year.
ACCESS
There is direct access to the land from the adjoining public highway.
SERVICES
There are no services connected to the land.
TENURE
The land is owned freehold and is registered on the Land Registry.
DESIGNATIONS
The land is in Flood Zone 3 (based on the Environment Agency flood map) and is within a Nitrate Vulnerable Zone (NVZ)
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. There is a right of soakaway over the land from neighbouring properties to the east.
PLANS & BOUNDARY FENCES
A plan which is not to scale, is included with these sale particulars for identification purposes only.
LOCAL AUTHORITY
North Devon District Council. VIEWING Please contact Stags to arrange a viewing appointment. Tel: 01271 322833. Email: farms@stags.co.uk
DIRECTIONS
From the Cedars Roundabout to the south-west of Barnstaple, proceed west towards Bickington and Fremington on Bickington Road. Continue for approximately one mile and turn right signed towards Fremington Quay. The land will be found on the right after approximately 0.1 miles. There is a public area for parking on the right hand side after approximately 100 yards. Please park here for viewings.
WHAT3WORDS
Reference/// deeds.tidal.broadens
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 registration.
BUYERS & ADMINISTRATION FEES
The successful purchaser(s) will pay the sum of £5,000 at the end of the auction. 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 deposit. 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 agree that the Buyer 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 remainder of the 10% deposit payment is to be transferred to the buyer’s solicitors and must be in their client account with 48 hours of the auction ending. It is essential that buyers instruct their solicitor in advance of the 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, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.
SOLICITOR ACTING
Brewer Harding & Rowe Solicitors. Contact: Mr Toby Barnes.
COMPLETION DATE
The completion date will be the 27th of February 2025 or earlier by arrangement.
DEFINITION OF AUCTION GUIDE & 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. 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.
IMPORTANT
Stags gives notice that: 1. These particulars are a general guide to the description of the property and are not to be relied upon for any purpose. 2. These particulars do not constitute part of an offer or contract. 3. We have not carried out a structural survey and the services, appliances and fittings have not been tested or assessed. Purchasers must satisfy themselves. 4. All photographs, measurements, floorplans and distances referred to are given as a guide only. 5. It should not be assumed that the property has all necessary planning, building regulation or other consents. 6. Whilst we have tried to describe the property as accurately as possible, if there is anything you have particular concerns over or sensitivities to, or would like further information about, please ask prior to arranging a viewing.
BUYERS & ADMINISTRATION FEES
The successful purchaser(s) will pay the sum of £5,000 at the end of the auction. 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 deposit. 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 agree that the Buyer 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 remainder of the 10% deposit payment is to be transferred to the buyer’s solicitors and must be in their client account with 48 hours of the auction ending. It is essential that buyers instruct their solicitor in advance of the auction.
Summary
- Auction end
- 30th Jan at 17:25
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Summary
- Auction end
- 30th Jan at 17:25
- 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.
