METHOD OF SALE AND LOTTING
The property will be offered for sale by Online Traditional auction (unless sold prior.) The auction end date is Wednesday 8th June 2022 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 stags.co.uk
SITUATION
The land is situated to the East of Higher Woodway Road which lies on
the Northern side of Teignmouth, overlooking Teignmouth and the South Devon coastline. The land is well located with good road links to
Teignmouth, Dawlish and the B3192 which links with the A380.
INTRODUCTION: AUCTION GUIDE £125,000 - £150,000
The land extends to 2.84 acres of gently sloping pasture which has a
Southern exposure. The field enjoys superb views over Teignmouth and
the surrounding coastline.
There is a timber outbuilding which comprises internal loose boxes and a fodder store. To the Eastern boundary is a single axle caravan which is used for domestic storage.
The land is secured by a gated entrance from the Western road frontage and has boundaries of mature hedges.
ACCESS
Direct access from the public highway to the West.
SERVICES
Mains water connected.
A sewage pipe and an armoured electricity cable have been installed to
serve the land but are not currently connected.
TENURE AND POSSESSION
The land is held freehold and is available with vacant possession on
completion.
LOCAL AUTHORITY
Teignbridge District Council – www.teignbridge.gov.uk
SPORTING & MINERAL RIGHTS
The sporting and mineral rights insofar as they are owned are included
with the freehold.
WAYLEAVES & 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 & 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.
PLANNING
The land has a Certificate of Lawfulness for existing use of land as
paddock for non-commercial equestrian use, stabling and use of caravan for domestic storage.
Application Reference No 10/01551/CLDE.
UPLIFT CLAUSE
The land is sold subject to a 25% uplift clause which will be triggered if
the land were to gain consent for any use other than agricultural or
equestrian within 25 years.
COMPLETION DATE
The completion date will be 28 days after the auction, or as dictated by
solicitors.
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 and to consult legal advice prior to bidding.
SOLICITOR ACTING
Tozers LLP,
Broadwalk House, Southernhay West, Exeter, Devon EX1 1UA.
Contact - Kate Bolt - 01392 667675 - k.bolt@tozers.co.uk
BUYERS & ADMINISTRATION FEE – TRADITIONAL ONLINE AUCTION
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 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 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.
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.
DIRECTIONS
From the Teignmouth junction of the A380, take the B3192 to
Teignmouth. Pass the turning for Teignmouth Golf Course on the right
before taking the next left onto Holcombe Down Road. Continue along
the road for about 1/2 a mile and turn right as the road bends sharply to
the left. Continue alone the road, following a sharp right turn, the land is
on the left of the road marked by a Stags sale board.
VIEWING
Please contact Stags Farm Agency on 01392 680059.
WARNING
Farms and land can be dangerous places. Please take care when viewing
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 – TRADITIONAL ONLINE AUCTION
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 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.