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No longer on the market

This property is no longer on the market

Plot

Auction
Study
Plot
Added > 14 days

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Features and description

  • Magnificent coastal location
  • Unrestricted greenfield site subject to existing planning consent
  • Within 100m of sandy beaches
  • Central location within one of the most popular holiday destinations
  • Salcombe 4 miles away
  • Within 100m of the South West coastal path
SITUATION
Hope Cove has become a very popular holiday destination close to Salcombe and renowned for its family entertainment, sandy beaches and local restaurants, hotels and shops.

DESCRIPTION
FOR SALE BY AUCTION UNLESS PREVIOUSLY SOLD. A unique opportunity to acquire an unrestricted greenfield site with planning consent for a single 3 bedroom dwelling, The site which extends to approximately 280SQM or 3015SQFT on which development has already commenced has a central village location within easy walking distance of the seafront.

METHOD OF SALE
The property will be offered for sale by auction at the Royal Castle Hotel on 31st October at 3pm subject to a reserve price. A 10% deposit based on the sale price will be payable at the fall of the hammer with completion 28 days after exchange or sooner by agreement and in addition a 1% buyer’s premium will be payable to the vendors sole agent by means of a bacs payment at the time and venue of the auction.

SERVICES
Prospective purchasers must make their own enquiries in respect of service connections although these are all believed to be within close proximity of the site.

PLANNING
Full planning permission 46/1634/05/F was granted on 31st October 2005. Works commenced on the development on the 27th October 2008 and conditions discharged by way of letter dated 16th October 2008.

The permission allows for a 3 bedroom, plus study house with no conditions as to use. A full certificate of lawfulness was granted reference 1438/24/CLP dated 16th July 2024.

TENURE
Freehold.

SALE PLAN
A sale plan has been prepared for identification purposes only and prospective purchasers are made aware that the frontage to the plot is an access lane only for vehicular access and not the whole frontage as seen on site.

BUYER’S PREMIUM
A 10% deposit based on the sale price will be payable at the fall of the hammer in addition to a Buyer’s Premium of 1% plus VAT of the hammer price, payable to the sole agents and auctioneers in addition to the purchase price and deposit. In the event that the property is sold prior to auction or after the auction the Buyer’s Premium remains payable to the vendors sole agent and auctioneers in accordance with the contract.

PROXY BIDS
Those not able to attend the auction but intend to use a proxy must complete and return a proxy form and have with them at the time of the auction a cheque made payable to the vendor’s solicitor for 10% of the guide price.

SPECIAL CONDITIONS OF SALE
Copies of the Special Conditions of Sale can be obtained from either the vendor’s sole agents and auctioneers, Marchand Petit, Salcombe office or from the vendors solicitors, Hedydd Davies or Sian Mills, LG Williams and Prichard, Cardiff, [use Contact Agent Button] / [use Contact Agent Button]

MONEY LAUNDERING REGULATIONS
All interested buyers attending the auction and intending to bid should register for anti-money laundering purposes providing proof of identity and address in order that we can comply with Money Laundering Regulations.

COMPLETION
Completion will take place 28 days from the auction date or sooner by agreement.

AUCTION CONDITIONS: Our standard auction conditions can be viewed on our website under Marchand Petit's Standard Auction Conditions. PropertyPortals/TV2/pdf/CommonAuctionConditions.pdf

For additional information and documents:
Money Laundering Regulations
Prior to a sale being agreed, prospective purchasers will be required to produce identification documents. Your co-operation with this, in order to comply with Money Laundering regulations, will be appreciated and assist with the smooth progression of the sale.

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About this agent

Marchand Petit - Salcombe
Marchand Petit - Salcombe
24 Fore Street Salcombe TQ8 8ET
01548 389961
Full profileProperty listings
With more than 20 years’ experience in the South Hams and recently the Rame Peninsula, Marchand Petit are the estate agency synonymous with quality residential properties for sale and to let, from terraced coastal cottages or sea-view apartments to large country estates situated throughout South Devon and South East Cornwall. With six offices concentrated in the South Hams in South Devon, our two branches in The Rame Peninsula and our London Mayfair office, we are confident you will find something to catch your eye. Whether buying, selling, letting or renting, our professional and friendly sales and lettings management teams are well placed to match people and property.
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