METHOD OF SALE
The property will be offered for sale by Online Traditional Auction. The end of the online auction is scheduled for 25th May 2021 at 6pm. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.
SITUATION
The land lies within the built-up part of the popular market town of Liskeard, behind the Endsleigh Terrace of houses and close to The Air Cadets Centre and Liskeard School and Community College.
Liskeard benefits from a comprehensive range of leisure, education and shopping amenities that are within easy walking distance of the land. Liskeard is positioned centrally within Cornwall with numerous tourist attractions nearby. The south coast, with its numerous quaint fishing villages and sandy beaches lies just 8.5 miles to the south. Contrasting with this, are the rugged moors of Bodmin Moor, which provide numerous walking and other outdoor pursuit opportunities.
Access to the A38 providing a fast link to the City and Port of Plymouth, is just a mile away. The A30 dual-carriageway which links the Cathedral cities of Exeter and Truro can be joined at Bodmin (12 miles).
DESCRIPTION
For Sale by Online Auction 6.00pm on 25th May. The land measures 0.43 of an acre. It is a roughly rectangular shaped, level area of overgrown garden and woodland, surrounded by various dwellings and other buildings. A narrow vehicular access, which forms part of the property, links the land to the road. Auction Guide of £15,000 - £25,000.
DEVELOPMENT
Subject to obtaining any necessary planning consents, there is likely to be potential to incorporate the land within one or more of the adjacent gardens, and /or to erect a few modest sized buildings for ancillary use with adjoining dwelling house(s) No enquiries have been made to the Local Panning Authority in recent years. Buyers must draw their own conclusions as to the likelihood of obtaining planning consent for residential development of the site.
OVERAGE POSITION
The Purchaser shall pay the Vendor and their successors 25% of any uplift in value, triggered by obtaining residential planning permission within 21 years from Completion.
SERVICES
Mains drainage lies within part of the access. Mains water is available within the road frontage. Mains Electricity is available close-by. Purchasers must satisfy themselves on these points.
ACCESS
Access is gained directly from the Highway. A residential neighbour has a pedestrian right of way along part of the access and has been given permission for the time being, by the Vendor, to access their rear garden by vehicle and to park at the end of the access drive. See Legal Pack for further information of the Title.
LOCAL AUTHORITY
Cornwall Council, County Hall, Treyew Road, Truro, Cornwall, TR1 3AY, T: 0300 1234 100, www.cornwall.gov.uk
WAYLEAVES AND RIGHTS OF WAY
The property 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. We are not aware of any other public or private rights of way that affect the property other than the pedestrian right mentioned under Access .
TENURE & COMPLETION
The property is sold freehold with vacant possession on completion 4 weeks after 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 Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price/deposit.
An additional "administration" fee of £500+VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags. The purchaser shall also reimburse the vendor the sum of £424.60 to cover the cost of the searches carried out.
PROOF OF IDENTITY
Under the 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.
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. Due to Covid precautions we are not making it available for inspection at Stags offices Prospective purchasers are strongly advised to inspect the legal documentation and to consult legal advice prior to bidding.
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.
-Guide price(s) may change at any time prior to the Auction.
VENDOR'S SOLICITORS
Mark Grassam Solicitors, Fore Street, East Looe, Looe, Cornwall PL13 1DN. (FAO Michael Macartney) T: 01503 262119 E: law@markgrassamsolicitors.com
VIEWING
Viewing of the land is strictly by prior appointment with the vendor's appointed agents, Stags Launceston Office.
DIRECTIONS
From the centre of Liskeard, pass The Co-Op on your left and continue up the hill. Fork left opposite Barclays Bank. Almost immediately turn right, beside the Kebab Shop. Continue up the hill for about 200m. Pass the turning that forks left and we suggest you park in the area within the fork. You will see the Air Cadets hall. on your right. The access lane runs down the left hand side of this and down the right hand side of Endsleigh Terrace. A For Sale Board has been erected.