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Land
Key information
Property description & features
- Online Auction 28th September 2022
- 5.49 Acres (2.22 Hectares)
- Foaling box, 2 Standard Stables and Tack Room/Feed Store
- Direct Road Access
- Mains Water and Electricity
- Superb Moorland Riding Area
- Far reaching Views
- Auction Guide: £80,000 £100,000
Method Of Sale - The property will be offered for sale by Online Traditional Auction. 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 - 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:[use Contact Agent Button], .
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) 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 including VAT will be payable by the successful purchaser 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. Due to Covid precautions we are not making it available for inspection at Stags offices 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. [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.
-Guide price(s) may change at any time prior to the Auction.
Viewing - Viewing of the land is strictly by prior appointment with the vendor's appointed agents, Stags Launceston Office on[use Contact Agent Button].
Directions - What3Words: ///deprives.testy.vest
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.
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