Land at Newland Cross
Land at Newland Cross, Okehampton, EX20 2BB
- 60
Key features
Guide Price: *
£75,000
Fees apply
Buyer's fee:£2,400
Admin fee:£1,200
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 for:
£97,000Bid history
10 bidsA
20/04/2021 16:54:56 - £97,000
J
20/04/2021 16:52:56 - £96,000
J
20/04/2021 15:41:35 - £91,000
See all 10 bids ▾
METHOD OF SALE
The property will be offered for sale by Online Auction (unless sold prior). The auction end date is 6.00pm on Tuesday 20th April 2021. 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 property occupies an excellent location, being within close distance of North Tawton, Okehampton, the A30 and Crediton. North Tawton offers a comprehensive range of amenities including shops, schools and more. The A30 is within easy driving distance, giving direct access to the cathedral and university city of Exeter and the M5 motorway.
INTRODUCTION: AUCTION GUIDE £50,000 TO £75,000
The land and building at Newland Cross extend to approximately 1.80 acres with direct road access onto the A3072.
The building measures approximately 12.22m x 6.07m and is of timber frame construction with insulated corrugated roof and elevations. There is a concrete floor and mains services are connected.
Surrounding the building is an area of hard standing.
The land comprises an area of grassland, with a field shelter.
SERVICES
Mains water and mains electricity are connected to the site.
ACCESS
The property can be accessed directly from the public highway
TENURE & POSSESSION
The land is held freehold and is available with vacant possession on completion.
LOCAL AUTHORITY
West Devon Borough Council, Kilworthy Park, Drake Road, Tavistock, PL19 0BZ 01822 813600
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
Retrospective planning has been granted for the erection of an agricultural storage building. Application Ref: 1363/17/FUL
DESIGNATIONS
The land is situated in a Nitrate Vulnerable Zone and an SSSI Impact risk zone.
COMPLETION DATE
The completion date will be 28 days after the auction or as dictated by the solicitor.
DEFINITION OF AUCTION GUIDE & RESERVE
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.
BUYERS & ADMINISTRATON FEE - TRADITIONAL ONLINE
The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a '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 £1,000 + VAT (depending on the reserve price) will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.
MONEY LAUNDERING
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, from our auction partners website. It is the purchasers responsibility to make all necessary enquiries prior to the auction. Further information about buyer's fees are available on Stags website.
VIEWING
Strictly by appointment only. Please contact Stags Farm Agency on 01392 680059.
WARNING
Farms and land can be dangerous places. Please take care when viewing the property, particularly in the vicinity of farm buildings and livestock.
DIRECTIONS
Leave the A30 at Whiddon Down and head northbound on the A3124 signposted North Tawton. Continue along this road for approximately 6 miles and on reaching De Bathe Cross, turn left signposted Okehampton and Exbourne. Continue for approximately 0.5 miles passing over the River Taw, the land and building will be found immediately on the left at the junction with the B3215.
DISCLAIMER
These particulars are a guide only and are not to be relied upon for any purpose.
Summary
- Auction end
- 20th Apr at 17:00
- Property type
- Land
- Tenure
- Ask Agent
- Council tax band
- Ask Agent
Summary
- Auction end
- 20th Apr at 17:00
- Property type
- Land
- Tenure
- Ask Agent
- Council tax band
- Ask Agent
This property is being sold by:
Stags - Farm Agency
01392 680059
21/22 Southernhay West Exeter Devon EX1 1PR
†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.
