Lewdown
£50,000
Guide price
Guide price
Sold
Lot 1: 23.43 acres of productive pasture land with an additional 30 acres of adjoining Land available by separate negotiation. Lot 2: 9.77 acres of south east facing, highly productive pasture land with generous road frontage and generally stock proof hedges providing shade and shelter,. Both lots with wonderful far reaching views. For auction on the 4th September. Available Freehold.
METHOD OF SALE
The property is to be offered for sale by Traditional Online Auction. Lot 1 at 6.00pm and Lot 2 6:30 on the 4th September. (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
Situated between Okehampton and Launceston, on the edge of Lewdown. Lifton; some 5 miles distant has more local facilities including: garage, general store for day to day needs, various hostelries, including Strawberry Fields Farm Shop . The land sits in attractive rolling Devon countryside with far reaching views, in a quiet and peaceful position close to the A30 (Broadwoodwidger junction 4.4 miles away). For a wider range of services, Launceston, with its shops, supermarkets and service stations is only 8.5 miles distant.
DESCRIPTION
Lot 1: 23.43 acres of pasture land in 7 fields with an additional 30 acres of adjoining Land available by separate negotiation. The Land has generous road frontage on the South and East. Some of the land to N is slightly poorer draining but the majority of the land is relatively level, highly productive pasture. Auction Guide: £120,000 - £140,000
Lot 2: 9.77 acres of pasture land in 1 SE facing field. Highly productive pasture land with generally stock proof hedges and some trees for shade and shelter. Majority road frontage, relatively level ground that starts sloping towards south east corner. £50,000 - £75,000
Additional adjoining land available by separate auctions:
Lot 3 - 10.91 ac - £45,000 - £65,000
Lot 4 - 8.91 ac - £50,000 - £75,000
SERVICES
Mains Water connected to Lot 1, Lot 2 has mains water running through, new connection required. Purchasers to satisfy themselves on availability of Mains Services.
LOCAL AUTHORITY
West Devon Borough Council, Kilworthy Park, Drake Road, Tavistock, Devon. PL19 0BZ T: 01822 813600, www.westdevon.gov.uk
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. We are not aware of any such rights of way that affect the land.
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 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
Terri Hooper of Sproulls Solicitors, 42 Fore Street, Bodmin, PL31 2HW. Tel: 01208 72328 Email: terri.hooper@sproullllp.co.uk.
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
Strictly by prior appointment with the vendor's appointed Agents, Stags Launceston Office on 01566 774999.
DIRECTIONS
What3Words: (Lot 1) ///baguette.gravitate.stables
What3Words: (Lot 2) ///lectures.mice.lyricist
What3Words: (Lot 3) ///unloading.weeknight.timer
What3Words: (Lot 4) ///aviators.flagging.perky
Come off the A30 at the Lifton Junction an proceed through Lifton. Continue for 5 miles toward Lewdown. Proceed all the way through Lewdown, passing the Cricket Club. Turn left at Lew Trenchard Primary School. Lot 4 will be found on the right after 0.3 miles. Lots 1,2 and 3 on the left shortly after this. Please see attached map. For Sale boards have been erected.
METHOD OF SALE
The property is to be offered for sale by Traditional Online Auction. Lot 1 at 6.00pm and Lot 2 6:30 on the 4th September. (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
Situated between Okehampton and Launceston, on the edge of Lewdown. Lifton; some 5 miles distant has more local facilities including: garage, general store for day to day needs, various hostelries, including Strawberry Fields Farm Shop . The land sits in attractive rolling Devon countryside with far reaching views, in a quiet and peaceful position close to the A30 (Broadwoodwidger junction 4.4 miles away). For a wider range of services, Launceston, with its shops, supermarkets and service stations is only 8.5 miles distant.
DESCRIPTION
Lot 1: 23.43 acres of pasture land in 7 fields with an additional 30 acres of adjoining Land available by separate negotiation. The Land has generous road frontage on the South and East. Some of the land to N is slightly poorer draining but the majority of the land is relatively level, highly productive pasture. Auction Guide: £120,000 - £140,000
Lot 2: 9.77 acres of pasture land in 1 SE facing field. Highly productive pasture land with generally stock proof hedges and some trees for shade and shelter. Majority road frontage, relatively level ground that starts sloping towards south east corner. £50,000 - £75,000
Additional adjoining land available by separate auctions:
Lot 3 - 10.91 ac - £45,000 - £65,000
Lot 4 - 8.91 ac - £50,000 - £75,000
SERVICES
Mains Water connected to Lot 1, Lot 2 has mains water running through, new connection required. Purchasers to satisfy themselves on availability of Mains Services.
LOCAL AUTHORITY
West Devon Borough Council, Kilworthy Park, Drake Road, Tavistock, Devon. PL19 0BZ T: 01822 813600, www.westdevon.gov.uk
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. We are not aware of any such rights of way that affect the land.
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 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
Terri Hooper of Sproulls Solicitors, 42 Fore Street, Bodmin, PL31 2HW. Tel: 01208 72328 Email: terri.hooper@sproullllp.co.uk.
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
Strictly by prior appointment with the vendor's appointed Agents, Stags Launceston Office on 01566 774999.
DIRECTIONS
What3Words: (Lot 1) ///baguette.gravitate.stables
What3Words: (Lot 2) ///lectures.mice.lyricist
What3Words: (Lot 3) ///unloading.weeknight.timer
What3Words: (Lot 4) ///aviators.flagging.perky
Come off the A30 at the Lifton Junction an proceed through Lifton. Continue for 5 miles toward Lewdown. Proceed all the way through Lewdown, passing the Cricket Club. Turn left at Lew Trenchard Primary School. Lot 4 will be found on the right after 0.3 miles. Lots 1,2 and 3 on the left shortly after this. Please see attached map. For Sale boards have been erected.
01566 248005
Stags - Launceston
Kensey House, 18 Western Road, Launceston, Cornwall, PL15 7AS
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