Smallholding near Yeomadon Cross Nursery - Pyworthy
Smallholding near Yeomadon Cross Nursery, Holsworthy, EX22 6SL
- 20
Key features
Guide Price: *
£300,000
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:
£328,000Bid history
19 bidsMThis is an automatic bid as the bidder has set a maximum bid for this lot
09/02/2023 18:01:17 - £328,000
M
09/02/2023 18:01:17 - £327,000
MThis is an automatic bid as the bidder has set a maximum bid for this lot
09/02/2023 17:57:57 - £326,000
See all 19 bids ▾
METHOD OF SALE
The property will be offered for sale by Online Traditional Auction (unless sold prior.). The auction end date is Thursday 9th February 2023 at 6:00pm.
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 property lies approximately 2.5 miles south west of Holsworthy, in a peaceful position on the Devon/Cornwall border, with far reaching views to Bodmin Moor and Dartmoor, in a good horse riding area. The village of Pyworthy has local facilities including a public house, and MOT garage. Nearby Holsworthy has a more extensive range of shopping, leisure and health facilities including veterinary practises, schools and a Waitrose Supermarket. Bude and the rugged North Cornish Coast lies approximately 10 miles to the west and the A30 dual-carriageway is accessed at Launceston (11 miles to the south).
DESCRIPTION - AUCTION GUIDE £250,000 - £300,000
A private smallholding, set in attractive Devon countryside close to the Cornish border, with fine far reaching views. It comprises a pair of static caravans (under a single roof), a range of run down former mushroom buildings, two shipping containers, a substantial lake measuring almost 1.5 acres and productive pasture that extends to 20.06 acres (8.12 hectares) in all.
DEVELOPMENT POTENTIAL
The static homes initially had a temporary consent that expired in Sept 2000. Since then they have been used as a dwelling (Further information available upon request). There is potential to apply for a Certificate of Lawful Use to retain the static caravans as a dwelling. This established use gives potential to apply to upgrade them to a "Replacement Dwelling". Torridge Planning Authority also have a policy to enable agricultural businesses to increase their income by adding diversified income from holiday cabins. The lake would provide a wonderful location for such development.
SERVICES
Mains electricity and water are connected and a septic tank was installed approximately 22 years ago.
WAYLEAVES AND RIGHTS OF WAY
The land is sold subject to and with the benefit of any wayleave agreements and any public or private rights of way. We believe there are no public or private rights of way over the property.
TENURE & COMPLETION
The property is sold freehold with vacant possession on completion 4 weeks after the auction, or earlier by agreement.
AGRICULTURAL AND ENVIRONMENTAL SUBSIDIES
There are no Agricultural or Environmental Schemes claimed, but there are opportunities for the Purchaser to claim Environmental
AUCTION LEGAL PACK
This includes the searches, draft contract, deeds/epitome of title, special conditions of sale etc, and is 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.
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 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 £1,200 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 (which would usually be paid by a buyer in a private treaty sale.)
VENDOR'S SOLICITORS
Mrs Helen Davies of WBW Solicitors. Westgate, Launceston, PL15 9AD. Tel: 01566 772451 Email: helendavies@wbw.co.uk
VIEWING
Strictly by prior appointment with the vendor's appointed Agents, Stags Launceston Office on 01566 774999.
DIRECTIONS
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From the centre of Holsworthy proceed towards Launceston; turn right and proceed past the old cattle market and the entrance to Waitrose. At the end of the road turn left towards North Tamerton. After approximately 2 miles, just after a right hand turning signposted "Whitstone 4 miles", the smallholding shall be found on the right, identified by a Stags For Sale board.
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.
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 £1,200 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 (which would usually be paid by a buyer in a private treaty sale.)
Summary
- Auction end
- 9th Feb at 18:06
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- A
Summary
- Auction end
- 9th Feb at 18:06
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- 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.
