Lot 1 - Amenity Land at South Hill Road, Callington
Lot 1 - Amenity Land , Callington, PL17 7LH
- 9
Guide Price: *
£31,000
Fees apply
Buyer's fee:£2,400
Admin fee:£600
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:
£31,000Bid history
1 bidK
02/02/2024 14:26:37 - £31,000
METHOD OF SALE
The property will be offered for sale by Online Traditional Auction (unless sold prior.) This private auction link with expire at 5pm today, Thursday 1st February 2024.
The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.
SITUATION
This attractive meadow is situated on the rural outskirts of the town of Callington, with attractive views out towards Bodmin Moor. A comprehensive network of paths and rural lanes provide excellent walking and riding opportunities. The land sits in a private and peaceful rural position, accessed off the minor lane South Hill Road. Callington itself offers a wide variety of amenities including pubs, supermarkets and shops. Launceston lies 11 miles north and provides convenient access onto the A30.
DESCRIPTION
1.26 acres of gently south facing pasture, comprised within a single highly productive permanent pasture field. The land could be used for the grazing of horses or livestock, or alternative uses such as the recently extended 60 day Permitted Development camping. There is potential to erect stables subject to obtaining any necessary consents. Mains water is not currently connected but is available for connection in the road frontage to the south.
OVERAGE PROVISION
An Overage provision will be included within the contract, requiring the purchaser and their successors in title to pay the Vendor 25% of any uplift in value over and above agricultural value, triggered on the granting of planning permission of any residential or commercial use, within 21 years from completion of this purchase. For the avoidance of doubt, planning for any agricultural buildings or stables will not trigger the overage.
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 or private rights of way that affect the field.
LOCAL AUTHORITY
Cornwall Council, New County Hall, Treyew Road, Truro, Cornwall, TR1 3AY. T: 0300 1234100, www.cornwall.gov.uk.
AUCTION 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.
VENDORS' SOLICITOR
Stephen Morrison - Thurstan Hoskin Solicitors, Chynoweth, Chapel Street, Redruth, Cornwall, TR15 2BY.
Tel: 01209 213646. Email: stephen.morrison@thurstanhoskin.co.uk
TENURE & COMPLETION
The property is sold freehold with vacant possession on completion 6 weeks after the auction, or earlier by agreement.
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.
BUYERS & ADMINISTRATION FEE
The successful purchaser(s) of each lot 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 £600 inc VAT will be payable by the successful purchaser immediately after the auction.
On Completion, the purchaser(s) shall also reimburse the vendor the cost of the searches carried out, (This would usually be paid by a buyer in a private treaty sale.)
DEPOSIT PAYMENT
The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly.
The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.'
VIEWING
Strictly by prior appointment with the vendor's appointed agents, Stags Launceston Office on 01566 774999.
DIRECTIONS
What3Words: ///relishes.successes.chestnuts From the centre of Callington, procced north along the A388 towards Kelly Bray and Launceston. In the middle of Kelly Bray take the turning left, sign posted Maders. Proceed along Redmoor Road. At the end of this road turn right onto South Hill Road. The land is the second field gateway on the right. When viewing,. A For Sale Board has been erected.
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 or no more than 10% above a single guide figure. 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) of each lot 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 £600 inc VAT will be payable by the successful purchaser immediately after the auction.
On Completion, the purchaser(s) shall also reimburse the vendor the cost of the searches carried out, (This would usually be paid by a buyer in a private treaty sale.)
DEPOSIT PAYMENT
The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly.
The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.'
Summary
- Lot number
- 1
- Auction end
- 2nd Feb at 15:18
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Summary
- Lot number
- 1
- Auction end
- 2nd Feb at 15:18
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
This property is being sold by:
Stags - Launceston
01566 774999
Kensey House18 Western Road Launceston Cornwall PL15 7AS
†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.
