METHOD OF SALE

The property is to be offered for sale by Traditional Online Auction (unless sold prior.) The auction end date is Wednesday 25th September 2024 at 5.30pm.

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

SITUATION

Less than 2 miles to the A39 'Atlantic Highway', this Land offers easy access to popular north coast attractions such as Tintagel with its castle only 5 and a half miles away, believed to be the supposed seat of King Arthur and Port Isaac, 3.7 miles distant, home to the famous sea shanty band; 'The Fisherman's Friends' and Doc Martin. For a comprehensive range of amenities, Wadebridge is within 8 miles with several supermarkets, shops and service stations.

DESCRIPTION

11.02 acres available in 2 lots, comprising 3 pasture fields. Enclosed with Cornish hedges providing good shade and shelter. Both lots have road frontage The Land is level or slightly south facing productive pasture. Given its convenient position, for the sea and Bodmin Moor and the comprehensive network of paths and quiet lanes, it lends itself to both equestrian buyers and amenity buyers perhaps wanting to do 60 day camping. Excellent views can be enjoyed towards the majestic hills of Bodmin Moor.

Lot 1 - 6.71 acres - Guide Price: £45,000 - £65,000

SERVICES

There are no mains services currently connected.

Mains water appears available for connection in the road to the north.

An overhead electricity line through the southern fields.

Mobile coverage Outdoors - EE, Three, O2 and Vodafone (Ofcom - 09/05/2024)

Purchasers to satisfy themselves on the availability and capacity of mains services.

LOCAL AUTHORITY

Cornwall Council, New County Hall, Treyew Road, Truro, Cornwall, TR1 3AY. T: 0300 1234100, www.cornwall.gov.uk

WAYLEAVES AND RIGHTS OF WAY

The land is sold subject to and with the benefit of any wayleave agreements in respect of electricity or telephone equipment and the property is sold subject to and with the benefit of any public or private rights of way. Lot 1 has right of access over the 10m strip at the top of Lot 2 (shown as hatched on the plan.)

TENURE AND COMPLETION

The property is sold freehold with vacant possession on completion, 4 weeks after the auction. 

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 AND 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 as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.

An additional administration fee of £600 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

Rebecca Stanbury of WBW Solicitors, Westgate, Launceston, Cornwall PL15 9AD. Tel: 01566 771020 Email: rebeccastanbury@wbw.co.uk

VIEWING

Viewing of the property is strictly by prior appointment through the Agent's, Stags Wadebridge Office. 01208 222333

It is advised that Viewers pull in by the gate where the For Sale board has been erected. Please, to the best of your ability, take care not to block the other gate to the right which is unrelated to this property.

DIRECTIONS

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Coming off the A39 at Knightsmill onto the B3267 down the side of 'Country Blinds & Interiors', continue into St.Treath. Take the 4th Left after coming into St. Treath; after the 'White Hart Inn' but just before the 20 mph school zone signs. Follow this road for 1.3 miles. The land is on your left before you come to the fork in the road with the dual T-junctions. A For Sale Board has 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 AND 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 as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.

An additional administration fee of £600 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.'