METHOD OF SALE 

The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Wednesday 16th November 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. 

SITUATION 

The woodland is situated in a quiet and rural part of Mid Devon between Tillerton Steep and Froggy Mill, about 2 miles from the A30 at Cheriton Bishop and 2.5 miles from Tedburn St Mary. The surrounding area is popular with those who live and work in the region including Exeter which lies about 9 miles East. Close-by villages of Cheriton Bishop and Tedburn St Mary are well equipped with local amenities. 

INTRODUCTION: AUCTION GUIDE £30,000 - £40,000 

The woodland is separated into two stands which extend to about 1.97 acres to the West of the roadside and 0.54 of an acre to the East. The trees are mostly deciduous and include various species and ages, notably, a number of larger Oak and Beech specimens as well as Hazel, Alder and Ash. Ford Brook forms the Western boundary to the main body of woodland and Tillerton Steep runs to the East of the smaller parcel. A single track public highway runs between the woodland. Woodland is proving progressively more sought-after with the rising demand for sustainable fuels coupled with amenity, environmental and conservation land uses. 

SERVICES 

Natural stream water. ACCESS Access to the public highway. 

TENURE AND POSSESSION 

Freehold and is available with vacant possession on completion. 

LOCAL AUTHORITY 

Mid Devon District Council - www.middevon.gov.uk 

SPORTING AND MINERAL RIGHTS 

The sporting and mineral rights insofar as they are owned are included with the freehold. 

WAYLEAVES & RIGHTS OF WAY 

The property is sold subject to and with the benefit of any wayleave agreement and any public or private rights of way that may affect it. 

PLANS & BOUNDARY FENCES 

A plan which is not to scale, is included with these sale particulars for identification purposes only. The vendor shall not be called upon to define the ownership of boundary fences. 

BUYERS & ADMINISTRATION FEE 

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 £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 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. 

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 and to consult legal advice prior to bidding. 

VENDORS SOLICITOR 

Veitch Penny part of Gilbert Stephens LLP - Catherine Rosewell 2, Market Street, Crediton, Devon, EX17 2AL T: 01363 772244 / E: clr@vplaw.co.uk 

COMPLETION DATE 

The completion date will be 20 working days after the auction or as dictated by the solicitor. 

VIEWING 

By appointment only. Please contact Stags Farm Agency on 01392 680059. 

WARNING 

Farms and land can be dangerous places. Please take care when viewing the property, particularly in the vicinity of farm buildings and livestock. 

DIRECTIONS 

From the Cheriton Bishop turn of the A30 head towards Tedburn St Mary and take the first left on Goldcross Hill signposted to Crediton. Continue along Crediton Lane for about 1 mile before turning left at Twisted Oak Cross, signposted "Froggy Mill 1/2". After about 0.5 of a mile turn sharp right and head North. The woodland is on the left and right of the lane, marked by a Stags sale board. What3Words: unite.rail.sailor 

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) 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 £1,200 inc VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.