Higher Meadow Barn & Land - Jacobstow
Higher Meadow Barn & Land, Bude , EX23 0BX
- 12
Key features
Guide Price: *
£180,000
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 Prior:
METHOD OF SALE
The property is to be offered for sale by Traditional Public & Online Auction at 6.00 pm on Wednesday 31st May 2023 at The Lanhydrock Hotel and Golf Club, Lostwithiel Road, Bodmin, PL30 5AQ.
The property will be sold subject to an undisclosed reserve and the vendor/s reserve the right for the auctioneer to bid in the usual way on their behalf up to the reserve.
The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.
https://www.bamboofusion.co.uk/auctions/stags-auction-7623663?page=1
If you already have an account set up with Bamboo Auctions, you will be able to use those same login credentials to gain access to your account on Bamboo Fusion. If you have also previously completed the buyer registration, these details will follow you into your fusion account. - Click here for Bamboo Fusion website.
If you are a new customer, or have a Bamboo account but did not complete the buyers registration steps, you will need to complete these steps on the Bamboo Fusion website in order to bid- Click here for Bamboo Fusion website.
SITUATION
The property is situated in a peaceful rural position with fine far reaching views over unspoilt countryside. It is conveniently positioned for access off the A39, just 1.5 miles away, and for various nearby beaches including Crackington Haven and Widemouth Bay. Wainhouse Corner has a fuel station and village shop. Nearby Bodmin Moor offers numerous out pursuit opportunities'.
DESCRIPTION - AUCTION GUIDE £120,000 - £160,000
A recently completed (2020) high spec steel portal framed barn, set back from the road overlooking its adjoining 5.75 acres of relatively level pasture land. The barn has a concrete floor with damp-proof membrane, mezzanine loft area, roller-shutter door and pedestrian door. The pasture has been well farmed and is highly productive. Both the barn and the adjoining land have potential for numerous uses subject to any necessary consents. The barn in time appears to offer potential under Class Q for residential conversion STP.
SERVICES
Mains water is connected and main electricity appears to be available close by for connection. Purchasers to satisfy themselves on this. Currently the barn has electrical lighting and 13amp plug sockets powered by a diesel generator that is available to the Purchaser for a fixed price of £800, providing they confirm within 24 hours of the auction that they want it.
WAYLEAVES AND RIGHTS OF WAY
The land is sold subject to and with the benefit of any wayleave agreements in respect of electricity or telephone equipment and the property is sold subject to and with the benefit of any public or private rights of way. There are no public rights of way that affect the property.
LOCAL AUTHORITY
Cornwall Council, New County Hall, Treyew Road, Truro, Cornwall, TR1 3AY. T: 0300 1234100, www.cornwall.gov.uk.
OVERAGE
Unusually for a property with apparent potential, this property is offered without an Overage (Clawback) provision.
ADDITIONAL LAND
Approximately 7.35 acres of adjoining land is available as a separate lot.
TENURE & COMPLETION
The property is sold freehold with vacant possession on completion 4 weeks after the auction (28th June 2023) or earlier by agreement.
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 Bamboo Fusion and complete the ID checks in advance of the auction date. There is no charge for registration.
BUYERS & ADMINISTRATION FEE
The successful purchaser(s) of each lot 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 Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price/deposit.
An additional administration fee of £600 including VAT will be payable by the successful purchaser of each lot immediately after the auction. This will be separately invoiced by Stags.
The purchasers shall also reimburse the vendor the cost of the searches carried out, on Completion. (This would usually be paid by a buyer in a private treaty sale.)
AUCTION LEGAL PACK
This includes the searches, draft contract, deeds/epitome of title, special conditions of sale etc, and is available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser's responsibility to make all necessary enquiries prior to the auction.
VENDOR'S SOLICITORS
Merryn Macnamara - Paul Finn Solicitors
The Strand, Bude, Cornwall, EX23 8SY
E: Merryn@finnlaw.co.uk T: 01288 356 256
VIEWING
Strictly by prior appointment with the vendor's appointed agents, Stags Truro Office on 01872 264488.
DIRECTIONS
What3Words: universes.advancing.summaries
From the A39 at the Wainhouse Corner / Crackington Haven junction proceed in an easterly direction signed Canworthy Water. After 1.1 miles at the junction beside Eden Chapel, take the road that runs down the left hand side of the chapel. Proceed along this lane for 0.5 miles. pass a turning on the left and the driveway is just after this, immediately after the next dwelling. A Stags For Sale Board has been erected.
DEFINITION OF 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 guide figure. 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) of each lot 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 Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price/deposit.
An additional administration fee of £600 including VAT will be payable by the successful purchaser of each lot immediately after the auction. This will be separately invoiced by Stags.
The purchasers shall also reimburse the vendor the cost of the searches carried out, on Completion. (This would usually be paid by a buyer in a private treaty sale.)
Summary
- Lot number
- 11
- Auction end
- 1st Jun at 10:46
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- Ask Agent
Summary
- Lot number
- 11
- Auction end
- 1st Jun at 10:46
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- Ask Agent
This property is being sold by:
Stags - Farms Cornwall
01872 266729
61, Lemon St, Truro. TR1 2PE
†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.
