Land at Lewdown Lot 1
Land at Lewdown Lot 1 , Okehampton, EX20 4DZ
- 15
Key features
Guide Price: *
£140,000
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:
£168,002Bid history
27 bidsR
04/09/2024 15:13:32 - £168,002
K
04/09/2024 15:13:05 - £166,002
R
04/09/2024 15:09:30 - £164,002
See all 27 bids ▾
METHOD OF SALE
The property is to be offered for sale by Traditional Online Auction 9unless sold prior.) The auction end date is Wednesday 4th September 2024 at 4pm.
The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.
SITUATION
Situated between Okehampton and Launceston, on the edge of Lewdown. Lifton; some 5 miles distant has more local facilities including garage, general store for day to day needs, various hostelries, including Strawberry Fields Farm Shop . The land sits in attractive rolling Devon countryside with far reaching views, in a quiet and peaceful position close to the A30 (Broadwoodwidger junction 4.4 miles away.)
For a wider range of services, Launceston, with its shops, supermarkets and service stations is only 8.5 miles distant.
DESCRIPTION
Lot 1 - 23.43 acres of pasture land in 7 fields. The Land has generous road frontage on the South and East. Some of the land to N is slightly poorer draining but the majority of the land is relatively level, highly productive pasture.
AVAILABLE BY SEPARATE AUCTIONS
Lot 2 - 9.77 acres - £50,000 - £75,000
Lot 3 - 10.91 acres - £45,000 - £65,000
Lot 4 - 8.91 acres - £50,000 - £75,000
SERVICES
Mains Services not currently connected. Purchasers to satisfy themselves on availability of Mains Services.
LOCAL AUTHORITY
West Devon Borough Council, Kilworthy Park, Drake Road, Tavistock, Devon. PL19 0BZ T: 01822 813600, www.westdevon.gov.uk
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. We are not aware of any such rights of way that affect the land.
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 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 £1200 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. 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.'
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, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.
VENDOR'S SOLICITORS
Terri Hooper of Sproulls Solicitors, 42 Fore Street, Bodmin, PL31 2HW. Tel: 01208 72328 Email: terri.hooper@sproullllp.co.uk.
VIEWING
Strictly by prior appointment with the vendor's appointed Agents, Stags Launceston Office on 01566 774999.
DIRECTIONS
What3Words: (Lot 1) ///baguette.gravitate.stables
Come off the A30 at the Lifton Junction an proceed through Lifton. Continue for 5 miles toward Lewdown. Proceed all the way through Lewdown, passing the Cricket Club. Turn left at Lew Trenchard Primary School. Lot 4 will be found on the right after 0.3 miles. Lots 1,2 and 3 on the left shortly after this. Please see attached map. For Sale boards have been erected.
DEFINITION OF AUCTION 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 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.
IMPORTANT
Stags gives notice that: 1. These particulars are a general guide to the description of the property and are not to be relied upon for any purpose. 2. These particulars do not constitute part of an offer or contract. 3. We have not carried out a structural survey and the services, appliances and fittings have not been tested or assessed. Purchasers must satisfy themselves. 4. All photographs, measurements, floorplans and distances referred to are given as a guide only. 5. It should not be assumed that the property has all necessary planning, building regulation or other consents. 6. Whilst we have tried to describe the property as accurately as possible, if there is anything you have particular concerns over or sensitivities to, or would like further information about, please ask prior to arranging a viewing.
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 £1200 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. 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
- 4th Sep at 15:18
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Summary
- Lot number
- 1
- Auction end
- 4th Sep 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.
