Lewdown

£45,000

Guide price

10.91 acres of land in 3 meadows with wonderful views and stream frontage that would be of special interest to an environmental buyer. For auction on the 4th September. Available Freehold.

METHOD OF SALE

The property is to be offered for sale by Traditional Online Auction. Lot 3 at 7.00pm 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. The edge of Dartmoor National Park is only 6.5 miles away with all the outdoor recreational opportunities it offers.

DESCRIPTION

10.91 acres of land that would be of special interest to an Environmental purchaser. It perhaps lends itself to tree planting, rewilding or habitat enhancing, ideal for buyers perhaps looking to take advantage of the increasing grant opportunities for these types of uses. The Land has stream frontage and is, as a result, quite wet, ideal for wild flora and fauna. The roadside field is more free draining and could suit horse grazing. Auction Guide: £45,000 - £65,000

Additional adjoining land available by separate auctions:

Lot 1 - 23.43 ac - £120,000 - £140,000

Lot 2 - 9.77 ac - £50,000 - £75,000

Lot 4 - 8.91 ac - £50,000 - £75,000

SERVICES

Mains Services not currently connected, new connection to can be installed via right to cross corner of lot 2 to access the water main. Purchasers to satisfy themselves on availability of Mains Services.

FENCING

Within 6 months of completion:

The purchaser of Lot 3 will be responsible for the erection and maintenance of a stock proof dividing fence around the 20m access box it has in the adjoining north field. Further details can be found within the legal pack.

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.