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 20th September 2023 at 4pm.

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

SITUATION 

The land is situated off Withen Lane which connects Aylesbeare in the North-east to the A3052 in the South-west and beyond to Exeter in the West. The land lies about 0.5 of a mile from Aylesbeare, a desirable village which is surrounded by pleasant East Devon countryside. Local villages, towns and even Exeter city are all within easy reach of the land and supply the area with a wealth of excellent amenities and services. 

INTRODUCTION: AUCTION GUIDE £80,000

The land comprises a gently sloping pasture field which extends to about 3.21 acres. There is an area of trees to the North of the land, close to the field entrance. Boundaries to the field are mature hedges with road side frontage to the North-west and woodland to the North-east. The land benefits from planning permission to erect a set of stables - see East Devon planning reference 23/0655/FUL. 

SERVICES 

No Water. No electricity. 

ACCESS 

Access from the public highway to the North.

TENURE AND POSSESSION 

Freehold and is available with vacant possession on completion. 

LOCAL AUTHORITY 

East Devon Local Authority / www.eastdevon.gov.uk 

SPORTING AND 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 PERMISSION 

A recent planning permission for a set of stables has been approved. Further information can be found on the East Devon Planning Portal under the reference 23/0655/FUL. 

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 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. 

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.

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.

SOLICITOR ACTING

Stephens Scown LLP 

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

Attn Tom Graham 

01392 401159 / t.graham@stephens-scown.co.uk

COMPLETION DATE 

The completion date will be 20 working days after the auction or as dictated by the solicitor

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 

From the M5 at Sandy Park, take the A3052 Sidmouth Road, East towards Sidmouth. After about 4 miles, pass the White Horse Inn on the right and take the next left, sign posted Exeter Airport. Take the immediate right turn onto Withen Lane and continue for just under 1 mile. The land is found on the right of the road, there is no sale board. 

What3Words///curvy.pulp.ounce

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.

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.

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 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.