METHOD OF SALE

The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Wednesday 13th November 2024 at 5pm.

The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.

SITUATION

The land is situated at Ilsington which lies in South Dartmoor. Ilsington Village is a popular small settlement surrounded by picturesque moorland countryside, perfect for horse hacking, walking and exploring. The village is well equipped with a Primary School, village Shop, Church and Pub. About 1.5 miles to the West of the land is Haytor Moor which offer great riding out with horses.

INTRODUCTION: AUCTION GUIDE £40,000 - £60,000

The land extends to about 2.16 acres and is separated into 2 enclosures of level pasture. Boundaries are a mix of mature hedging, stone walls and fencing and there is road frontage to the South and East. To the East of the land is a concrete block building with a corrugated roof constructed on a concrete base. 

ACCESS

Direct access onto the public highway.

SERVICES

No services are connected.

SPORTING AND MINERAL RIGHTS

The sporting rights insofar as they are owned are included with the freehold. There is no evidence that the mining rights have been excepted or assigned to any third party but no warranty is given as to whether or not the land includes the rights to mine the minerals.

WAYLEAVES AND 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 AND 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.

UPLIFT CLAUSE

There is a 25% uplift clause on the land which will be triggered on consent being granted for any use other than agricultural or equestrian within 25 years.

GRAZING RIGHTS

The land has recorded against it in the Register of Common Land maintained by the Dartmoor National Park Authority rights to graze 12 cattle or 48 sheep or 12 ponies registered by a previous owner in 1968.

TENURE AND POSESSION

The land is held freehold and is available with vacant possession on completion.

LOCAL AUTHORITY

Teignbridge District Council -www.teignbridge.gov.uk

Dartmoor National Park - www.dartmoor.gov.uk

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.

BUYERS AND ADMINISTRATION FEES

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.

DEPOSIT PAYMENT

The Seller and Buyer 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 remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.

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

Darren Heard of WBW, Newton Abbot 01626 202382 / darrenheard@wbw.co.uk

COMPLETION DATE

The completion date will be dictated by the solicitor and included in the legal pack.

VIEWING

Please contact Stags Farm Agency on 01392 680059.

DIRECTIONS

From the centre of Ilsington head West towards The Ilsington Hotel. Before you reach the hotel turn right at Vicarage Cross signposted "Trumpeter". The entrance to the land is located on the left shortly after the junction.

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WARNING

Land can be dangerous places. Please take care when viewing the property, particularly in the vicinity of farm buildings and livestock.

DISCLAIMER

These particulars are guide only and are not to be relied upon for any purpose. Photographs for the property were taken in the Summer of 2022. Potential purchasers should satisfy themselves on the condition of the property by personally inspecting the property prior to bidding.

DEFINITION OF AUCTION GUIDE 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.

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 AND ADMINISTRATION FEES

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.

DEPOSIT PAYMENT

The Seller and Buyer 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 remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.