METHOD OF SALE 

The property is to be offered for sale by Traditional Public & Online Auction at 6.00pm on Wednesday 31st May 2023 at The Lanhydrock Hotel and Golf Club, Lostwithiel Road, Bodmin, PL30 5AQ. 

The property will be sold subject to an undisclosed reserve and the vendor/s reserve the right for the auctioneer to bid in the usual way on their behalf up to the reserve.

The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. 

https://www.bamboofusion.co.uk/auctions/stags-auction-7623663?page=1

If you already have an account set up with Bamboo Auctions, you will be able to use those same login credentials to gain access to your account on Bamboo Fusion. If you have also previously completed the buyer registration, these details will follow you into your fusion account. - Click here for Bamboo Fusion website.

If you are a new customer, or have a Bamboo account but did not complete the buyers registration steps, you will need to complete these steps on the Bamboo Fusion website in order to bid- Click here for Bamboo Fusion website.

SITUATION 

Treviscoe is a small village situated in mid Cornwall, approximately 2.5 miles southeast of the A30. The larger village of St Dennis is nearby and offers a range of local amenities including surgery, primary school, Church, chemist, general stores, and post office. These are supplemented further by the town of St Austell, about 8 miles to the east, where there are veterinary practices, supermarkets and a station on the London Paddington line. Surrounding the town and other neighbouring villages is a landscape well known for its clay tips and pits, created by the 250 year old clay mining industry. The 'Clay Trails', are a network of trails throughout mid-Cornwall suitable for walking, cycling and horse riding and demonstrate the area's great contrast and beauty. Additionally, the Goss Moor National Nature Reserve is circa 4.5 miles north and offers further opportunity for outdoor activity. It is worth noting that some of the best surfing beaches in Cornwall are just 10 miles away. 

DESCRIPTION - AUCTION GUIDE £35,000 - £55,000

Approximately 6.05 acres of land for auction, situated in a convenient edge of village location with private access. The land is relatively level pasture, ideal for horse or livestock grazing, or other recreational uses, perhaps under the 28 Day Permitted Development rules. Land like this, located close to residential areas, regularly has medium to long-term development potential. 

There is also additional land available nearby. 

SERVICES 

Main water and electricity are not currently connected but appear to be available close by for connection. Purchasers to satisfy themselves on this. 

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. Within lot 1, there is a public footpath which runs along and just within the NW boundary. 

LOCAL AUTHORITY 

Cornwall Council, New County Hall, Treyew Road, Truro, Cornwall, TR1 3AY. T: 0300 1234100, www.cornwall.gov.uk. 

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 30 years from completion of this purchase. For the avoidance of doubt, planning consent for agricultural or equestrian buildings will not trigger the overage. 

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 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 Bamboo Fusion and complete the ID checks in advance of the auction date. 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 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 of each lot 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, on completion. (This would usually be paid by a buyer in a private treaty sale.)

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.

VENDOR'S SOLICITORS

Nigel Coveney - Stephens Scown Solicitors

Curzon House, Southernhay West, Exeter, EX1 1RS. 

Telephone: 01392 210700 Email: n.coveney@stephens-scown.co.uk 

VIEWING 

Strictly by prior appointment with the vendor's appointed agents, Stags Truro Office on 01872 264488. 

DIRECTIONS 

What3Words: ///roof.uncle.convinced 

From the Highgate Hill roundabout of the A30, head south on the B3279. At the next roundabout, take the second exit signposted Treviscoe. Follow this road for another 2 miles until you reach the village of Treviscoe. Upon entering the village, take the second left into Barton Road. Follow the road to the end of the estate, and the entrance gateway to lot 1 can be found on your left, where a Stags 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 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 of each lot 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, on Completion. (This would usually be paid by a buyer in a private treaty sale.)