METHOD OF SALE
The property will be offered for sale by Online Traditional auction (unless sold prior.) The auction end date is Tuesday 26th July 2022 at 6pm.
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 stags.co.uk.
SITUATION
The land and buildings are situated on the rural outskirts of the town
of Callington with fabulous views out towards Bodmin Moor. A
comprehensive network of footpaths, bridleways and rural lanes
provide excellent walking and riding opportunities. Callington itself
offers a wide variety of amenities including pubs, supermarkets and
shops.
Tavistock, which lies 10 miles east, offers further agricultural
and equestrian suppliers. Launceston lies 11 miles north and
provides convenient access onto the A30. The city of Plymouth lies
approximately 15 miles to the southeast.
DESCRIPTION - AUCTION GUIDE £65,000 - £85,000
A 1.74 acre parcel of land with a range of agricultural buildings in
varying states of repair, which may offer potential for alternative use
(subject to planning.)
The package could suit a variety of purposes including the grazing of livestock or horses, whilst the buildings could be put into a better state of repair and used for storage or to house livestock.
Equally, it might appeal to those from afar looking for a base in Cornwall, perhaps to take advantage of 28 day camping permitted development rights.
SERVICES
No mains services are currently connected.
LOCAL AUTHORITY
Cornwall Council, New County Hall, Treyew Road, Truro, Cornwall,
TR1 3AY. T: 0300 1234100 www.cornwall.gov.uk
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 shown on the
OS plan for the land.
OVERAGE PROVISION
An Overage provision will be included within the contract, requiring the
Purchaser and their successors in title to pay the Vendor 30% of any
uplift in value, triggered on the granting of planning permission (or
equivalent) for any residential accommodation, within 21 years from
completion of this purchase. For the avoidance of doubt, planning
consent for equestrian buildings or for changing the use of the buildings so that they can be used for storage purposes will not trigger the
overage.
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. Prospective purchasers are
strongly advised to inspect the legal documentation and to consult
legal advice prior to bidding.
TENURE & COMPLETION
The property is sold freehold with vacant possession on completion
6 weeks after the auction, or earlier by agreement.
VENDOR'S SOLICITORS
Stephen Morrison of Thurstan Hoskin Solicitors, Chynoweth, Chapel
Street, Redruth, Cornwall, TR15 2BY.
Tel: 01209 213646
Email: stephen.morrison@thurstanhoskin.co.uk
PROOF OF INDENTITY
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 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 £600 inc VAT will be
payable by the successful purchaser 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.
DIRECTIONS
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From Launceston, follow the A388 south in the direction of
Callington for approximately 10 miles, passing through the villages of
Treburley and Kelly Bray, before arriving in the town of Callington.
Continue along the A388 through Callington before forking right by
the Mustard Seed Church, onto Church Street.
Proceed down Church Street before reaching the junction with Fore Street. Turn right onto Fore Street, going past the first right hand turning, before forking right at the sharp left hand bend onto Haye Road.
Head down Haye Road for a short while before turning left signposted
Frogwell. Proceed along Frogwell Road for several hundred metres,
passing the junction with Lendra Lane and the entrance to the land
can be found on your right hand side, where a Stags For Sale board
has been erected.
DEFINITION OF AUCTION 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.

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 £600 inc VAT will be
payable by the successful purchaser 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.