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No longer on the market

This property is no longer on the market

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Land

Featured
Auction
Sold STC
Land
35.60 acre(s)
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Tenure: Freehold
  • For Sale by Online Auction
  • About 35 Acres
  • Pasture
  • Auction Range £200,000 - £225,000
  • Freehold
About 35 acres of pasture with road frontage

Method Of Sale - The property will be offered for sale by Online Auction (unless sold prior). The auction end date is Thursday 19th September 2024 at 5.30 pm. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.

Situation - The land is situated near Bridestowe in West Devon and lies about 0.5 of a mile from the A30 at Sourton Down.

The A30 is the main transport route through Mid Devon and links Exeter in the East to Cornwall, West.

Local villages and town centres boast various shops and amenities to support the busy rural community including Mole Avon country stores in Okehampton and Maunders Farm and Country in Launceston.

Introduction: Auction Guide £200,000 - £225,000 - The land extends to about 35.60 acres of pasture which is separated into enclosures by mature hedge boundaries and stock fencing.

The land benefits from a south eastern exposure and abuts the public highway to the North.

The River Lew forms the Southern boundary of the land.

Services - Mains and natural water

Access - Direct access to the public highway.
Also, access by right of way between points A and B to the north east and X and Y to the south west at Forda.

Tenure And Possession - The land is freehold and is available with vacant possession on completion.

Local Authority - West Devon Local Authority -
Sporting And Mineral Rights - The sporting and mineral rights insofar as they are owned are included with the freehold.

Wayleaves And 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.

The land will benefit from an agricultural right of way over part of the access track (A to B and X to Y)

The owner of Lot 1 of the land will be required to contribute to the maintenance and repair of the tracks, limited to being an unmade/unmetaled track (A to B and X to Y) according to user.

A public footpath crosses the land.

Electricity poles stand on the land at various points.

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.

The boundary of the property abutting the River Lew (passing between points C and D) shall be the midway point of the stream.

Grazing Rights - The land has rights to graze 10 livestock units over Bridestowe & Sourton Common CL96 and Sourton Common CL97

Completion Date - The completion date will be 20 working days after the auction or as dictated by the solicitor, or earlier by agreement.

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.

Guide prices may change at any time prior to the auction.

Buyers & Administration Fee - The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a 'buyers 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.

An additional 'administration' fee of £1,200 including 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 no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of 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 administration.

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.

Vendors Solicitor - Kate Gay Ashfords LLP Ashford House Grenadier Road Exeter EX1 3LH
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Viewing - Strictly by appointment only and during daylight hours. Please contact Stags Farm Agency on[use Contact Agent Button].

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 A30 at Sourton Down follow signs for Bridestowe and Lewdown. Continue along the road for about 0.4 of a mile. The land is situated on the left of the road and marked by a Stags sale board.

Disclaimer - These particulars are a guide only and are not to be relied upon for any purpose.

Property information from this agent

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About this agent

Stags - Exeter, Farm Agency
Stags - Exeter, Farm Agency
21-22 Southernhay West Exeter EX1 1PR
01392 976706
Full profileProperty listings
Focusing solely on the sale of farms and land, Stags Farm Agency staff offer prospective vendors
and purchasers a combination of in-depth local knowledge and professional expertise, which
enables them to deliver exceptional advice. By working alongside Stags other rural departments,
including residential property, professional services and livestock sales/auctions, the f... Show more
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