METHOD OF SALE
The property will be offered for sale by Online Traditional Auction (unless sold prior.) The online auction is scheduled to end on Wednesday 28th September 2022 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 land and stables are located on the fringes of the popular and
well served village of Pensilva, which has a village shop, health
centre, post office and pub. Liskeard and Callington are 5 and 5.5
miles away respectively and both offer a variety of facilities including
veterinary surgeries.
The vast expanses of Bodmin Moor around Caradon Hill, Cheesewring, Minions and Henwood are within easy reach, providing miles of the Westcountry's finest walking and riding. Lower Tokenbury Equestrian Centre is situated less than a mile away and is a well established riding school offering trekking and lessons, as well as specialised training for both horse and rider in dressage, show jumping and cross country.
DESCRIPTION - AUCTION GUIDE £80,000 - £100,000
The land totals 5.49 acres (2.22 hectares) and benefits from a custom-built timber stable block, 12'x18' field shelter and caravan
that has been used for storage.
It is divided into paddocks and accessed directly from Slade Park Road with an area of hardstanding providing parking.
The stables comprise two 12'x12' stables, a 12'x16' foaling box and
a 12'x10' tack room/feed store on a fenced concrete yard with
mains electricity and water supply.
The land is gently sloping but is suitable for the construction of a
sand school (subject to any necessary planning consent.)
Magnificent, far-reaching views are enjoyed from the land. As the
village grows, there may be some long-term development potential
in the future.
SERVICES
Mains water and electricity are connected.
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. There are no public rights of way shown on the
Ordnance Survey Plan.
LOCAL AUTHORITY
Cornwall Council, New County Hall, Treyew Road, Truro, Cornwall,
TR1 3AY. T: 0300 1234100, www.cornwall.gov.uk.
OVERAGE PROVISION
There is an existing overage provision for 25 years from the 7th April
2010 which requires the Purchaser and their successors in title to pay
50% of the uplift in value, triggered by the granting of planning
permission for residential/commercial business use. For the avoidance of doubt, planning permission for equestrian, agricultural and horticultural purposes will not trigger the overage. Further information is contained within the legal pack
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 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 £600 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 any searches carried out.
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.
VENDOR'S SOLICITORS
Mr Kevin George of Coodes Solicitors
10 Windsor Place, Liskeard, PL14 4BH.
Tel: 01579 347600 Email: kevin.george@coodes.co.uk
VIEWING
Viewing of the land is strictly by prior appointment with the vendor's appointed agents, Stags Launceston Office on 01566 774999.
DIRECTIONS
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From Liskeard, take the B3254 north in the direction of Pensilva and
St Cleer. Continue for approximately 3.6 miles, before turning right
signposted Pensilva and Callington. Proceed over the cattle grid
and into Pensilva before turning left by the Victoria Inn onto Slade
Park Road. Proceed for approximately 0.3 miles and the entrance to
the land will be found on your left (immediately after passing Slade
Park Farm on your right), where a Stags For Sale board has been
erected
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 £600 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 any searches carried out.