Land for sale

Method Of Sale - The property is to be offered for sale by Traditional Online Auction Date: 25th of Sept at 5:30pm and 6:00pm. (Unless sold Prior). The property will be sold subject to an undisclosed reserve and the vendor/s reserve the right for the auctioneer to bid in the usual way on their behalf up to the reserve. 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 - 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 which provide 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 ac Guide Price: £45,000 - £65,000
Lot 2 - 4.31 ac Guide Price: £35,000 - £45,000

Services - There are no mains services currently connected. An overhead electricity line crosses 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:[use Contact Agent Button], .

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 & 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 & 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 £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.'

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.

Vendor's Solicitors - Rebecca Stanbury of WBW Solicitors, Westgate, Launceston, Cornwall PL15 9AD. [use Contact Agent Button] [use Contact Agent Button]

Definition Of 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 guide figure.
- Guide prices may change at any time prior to the auction.

Viewing - Viewing of the property is strictly by prior appointment through the Agent's, Stags Wadebridge Office.[use Contact Agent Button] It is advised that Viewers pull in by the gate where a For Sale board has been erected.

Directions - What3Words: //
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From the A39 at Knightsmill, turn onto the B3267 (down the side of Country Blinds & Interiors), towards St.Teath. After coming into St. Teath, take the 4th left ; after the White Hart Inn and just before the 20 mph school zone signs. Follow this road for 1.3 miles. The land is on your left, just before you come to the T-junction. A For Sale Board has been erected.