METHOD OF SALE 

The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Tuesday 4th April 2023 at 5pm. 

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 land just off the A3124 at Cadditon Cross near Bondleigh, about 2 miles South of Winkleigh and 3 miles North of North Tawton. Larger regional towns include Okehampton about 7 miles South-west and Crediton, 15 miles East. Good local amenities can be found in the surrounding villages, with more extensive services available within the larger towns. 

DESCRIPTION LOT 2: AUCTION GUIDE £135,000 - £175,000

The land extends to 23.04 acres (13.83 hectares) of agricultural pasture land used for the grazing of livestock and production of grass silage. There is approximately 11.33 acres of deciduous woodland with a mixture of Ash, Oak and Hazel. The land is flat and gently sloping, surrounded by mature hedges and stock fencing. The land has access directly onto the A3124. 

There is additional land available, shown on our sale plan as Lot 1. This will be going to auction on Monday 3rd April 2023 at 5pm.

SERVICES 

There is a natural water supply which runs along part of the western boundary of the woodland. Mains services are available nearby. 

ACCESS 

The land has direct road access off the A3124. 

TENURE AND POSESSION 

Freehold with vacant possession on completion 

SPORTING AND MINERAL RIGHTS 

The sporting and mineral rights insofar as they are owned are included in the sale.

ENTITLEMENTS 

The entitlements will be made available. The purchaser will take over the vendor's cross compliance responsibilities.

WAYLEAVES AND RIGHTS OF WAY 

The property is sold subject to and with the benefit of any wayleave agreement and any public or private right of way that may affect it. 

Please note: There is a water main pipe which runs from points A-B on the attached plan. There is an easement allowing the neighbouring property owner to access the land with or without vehicles to maintain, repair, inspect and renew this pipe. 

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. 

LOCAL AUTHORITY 

Torridge District Council - https://www.torridge.gov.uk 

VIEWING 

By appointment only. Please contact Stags Farm Agency on 01392 680059. 

DIRECTIONS 

From Sampford Courtenay, head East on the A3072 before turning left and left again onto the A3124 towards Winkleigh. Continue along this road for approximately 2.5 miles, passing The Sculpture School on your left. On passing Cadditon Cross, continue for 500metres and the gateway to the land can be found on the left hand side, opposite the signs for 'Winkleigh, North Tawton & Okehampton'.

WARNING 

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

BUYERS & ADMINISTRATION FEE 

The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this, the 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. It is the purchasers responsibility to make all necessary enquiries prior to the auction. 

VENDORS SOLICITOR 

Trowers & Hamlins LLP The Senate Southernhay Gardens Exeter, EX1 1UG

Attn: Julia Moon 

E: JMoon@trowers.com / T: 01392 612313 

COMPLETION DATE 

The completion date will be 20 working days after the auction or as dictated by the solicitor. 

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. 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, the 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.