Lower Gabwell Farm - Stokeinteignhead
Lower Gabwell Farm, Newton Abbot, TQ12 4QS
- 27
Key features
Guide Price: *
£150,000
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
Highest bid:
£154,000Bid history
3 bidsS
14/09/2022 15:46:00 - £154,000
T
14/09/2022 15:06:33 - £152,000
S
14/09/2022 06:30:34 - £150,000
The property will be offered for sale by Online Traditional auction (unless sold prior.) The auction end date is Wednesday 14th September 2022 at 5pm.
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 stags.co.uk – Online Property & Land Auctions.
SITUATION
The land and stables are situated within the desirable South Devon village of Stokeinteignhead. Set in the picturesque rolling Devon landscape with a strong village community that includes a sought-after primary school, country inn, village hall, shop and historic Church. Located in an area of great landscape value, a network of bridle-paths and tracks makes this a popular area for horse riding.
The sandy beaches of Shaldon, Teignmouth and Torbay, are within a few miles, and Maidencombe, with its beach and cafe, at the end of Stoke Road. The A380 is within easy reach providing good access to the A38 and M5. Mainline railway links to London Paddington are located in the nearby market town of Newton Abbot, with its full range of comprehensive shopping facilities. The cities of Exeter and Plymouth are also within easy reach for work, shopping or leisure.
STABLES
A gated entrance directly off Stoke Road via a shared drive leads up into the main yard. On the left hand side is the first storage room which is off the end of the stables with a useful storage space.
Stables one, two, three and four are of similar size.
A smaller stable ideal for small ponies is located to the end of the stables and the storage areas were there is a tack room and hay barn.
THE LAND
A gate near the end of barn three leads into the land from the yard. The land slopes up and the views become even more far reaching the further you go up. At the top the land levels off with a large level section of the land where spectacular far reaching views over the surrounding countryside can be enjoyed. The boundaries of the land comprise of wooden post fencing.
SERVICES
Mains Water and Drainage, Mains Electric.
BUYERS AND ADMINISTRATION FEE
The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. 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.
An additional “administration fee” of £1,200 inc VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.
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.
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. 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.
SOLICITOR ACTING
Patrick Gaskins Kitsons Solicitors
Edginswell Park, Minerva House, Orchard Way, Torquay TQ2 7FA
01803 202020 patrick.gaskins@kitsons-solicitors.co.uk
COMPLETION DATE
The completion date will be 28 days after the auction or as dictated by the solicitor.
DIRECTIONS
Leave the English Rivera on the A379 heading towards Shaldon. At Maidencombe, turn left signed Stokeinteignhead onto Stoke Road. Follow this road through into Higher Gabwell, and at the S bend in the road the gate to the land and stables is on the left hand side between Gabwell Barn and Hilary Cottage.
DEFINITION OF AUCTION GUIDE AND RESERVE
Guide price is an indication of the seller's expectation. Reserve Price is 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.
The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. 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.
An additional “administration fee” of £1,200 inc VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.
Summary
- Auction end
- 14th Sep at 16:00
- Property type
- Land
- Tenure
- Ask Agent
- Council tax band
- Ask Agent
Summary
- Auction end
- 14th Sep at 16:00
- Property type
- Land
- Tenure
- Ask Agent
- Council tax band
- Ask Agent
This property is being sold by:

Stags - Torquay
01803 200160
6 Vaughan Parade Torquay TQ2 5EG
†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.