METHOD OF SALE

The property will be offered for sale by Online Traditional Auction (unless sold prior.) The Auction end date is Wednesday 26th February 2025 at 5:00pm. The vendor reserves the right to withdraw or alter the property for sale prior to the Auction end date.

SITUATION

The land is located on the fringes of the hamlet of Mount, on the edge of Bodmin Moor and close to the villages of Cardinham, Millpool and St Neot. The surrounding area is excellent for horse riding, mountain biking and walking with direct access onto the vast expanses of Bodmin Moor. Day to day amenities can be found in the nearby town of Bodmin as well as a mainline railway station with services to London Paddington via Plymouth and Exeter. The property’s excellent location in the centre of the county give access to both North and South coastlines. Access onto the A30 is within a mile and this provides a 60 mile journey to Exeter and the M5 motorway.

DESCRIPTION - GUIDE £65,000-£80,000

Accessed via a gateway onto the road, there is an area of hardstanding providing ample parking and space to store a horse lorry or trailer if required. The stable block has power and comprises 2 stables with stable doors. At the side of the stable block there is a timber hay barn and further useful store. The gently sloping land is accessed from the yard area in front of the stable block with a gate leading onto the land which has been divided into several paddocks with post and rail fences. In all the property extends to approximately 2.03 acres.

SERVICES

We understand that there are no services connected. Purchasers must satisfy themselves on this point.

Broadband availability: Ultrafast and Standard ADSL available nearby, Mobile Signal Coverage: voice and data unavailable (Ofcom) Please note the agents have not inspected or tested these services.

DIRECTIONS

From Launceston take the A30 dual carriageway west towards Bodmin. At the Preeze Cross junction turn left signposted Blisland and Cardinham. Proceed into and through the village of Millpool and continue for 2.4 miles. After crossing the cattlegrid turn right signposted Bodmin A38, take the next left and continue along the lane for approximately 0.4 miles where the entrance gate to the land is on the right.

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VIEWINGS

Strictly by prior appointment with the vendors' appointed agents, 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.

BUYERS & ADMINISTRATION FEES

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 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.

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.

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.

SOLICITOR ACTING

FAO: Ben Mitchell - Parnalls Solicitors, 15-19 Westgate Street, Launceston, Cornwall, PL15 7AB. Tel: 01566 772375.

COMPLETION

The completion date will be 20 BUSINESS DAYS from the date of the auction or earlier by agreement as dictated by the solicitor and included in the legal pack.

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 provision 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 FEES

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 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.

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.