Callington
£20,000
Guide price
Guide price
Sold
Lot 2 - 0.90 of an acre of gently south facing pastureland with wonderful far reaching views. Online Auction Tues 30th January 2024.
METHOD OF SALE
The property will be offered for sale by Online Traditional Auction with a Guide of £20,000 - £30,000. The online auction is scheduled to end on Tuesday 30th January 2024 at 5:30m. 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
This attractive meadow is situated on the rural outskirts of the town of Callington, with attractive views out towards Bodmin Moor. A comprehensive network of paths and rural lanes provide excellent walking and riding opportunities. The land sits in a private and peaceful rural position, accessed off the minor lane South Hill Road. Callington itself offers a wide variety of amenities including pubs, supermarkets and shops. Launceston lies 11 miles north and provides convenient access onto the A30.
DESCRIPTION
0.90 acres of gently south facing pasture, comprised within a single highly productive permanent pasture field. The land could be used for the grazing of horses or livestock, or alternative uses such as the recently extended 60 day Permitted Development camping. There is potential to erect stables subject to obtaining any necessary consents. Mains water is not currently connected but is available for connection in the road frontage to the south.
OVERAGE PROVISION
An Overage provision will be included within the contract, requiring the purchaser and their successors in title to pay the Vendor 25% of any uplift in value over and above agricultural value, triggered on the granting of planning permission of any residential or commercial use, within 21 years from completion of this purchase. For the avoidance of doubt, planning for any agricultural buildings or stables will not trigger the overage.
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 or private rights of way that affect the field.
LOCAL AUTHORITY
Cornwall Council, New County Hall, Treyew Road, Truro, Cornwall, TR1 3AY. T: 0300 1234100, www.cornwall.gov.uk.
TENURE & COMPLETION
The property is sold freehold with vacant possession on completion 6 weeks after the auction, or earlier by agreement.
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 and to consult legal advice prior to bidding. We shall not be making it available for inspection at Stags' offices.
VENDORS' SOLICITOR
Stephen Morrison of Thurstan Hoskin Solicitors, Chynoweth, Chapel Street, Redruth, Cornwall, TR15 2BY. Tel: 01209 213646. Email: stephen.morrison@thurstanhoskin.co.uk
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) of each lot 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.
On Completion, the purchaser(s) shall also reimburse the vendor the cost of the searches carried out, (This would usually be paid by a buyer in a private treaty sale.)
DEPOSIT PAYMENT
The Seller and Buyer agree that the winning Bidder of each lot 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.
SPECIAL CONDITIONS OF SALE
Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provisions of the latter shall prevail. Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.
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: ///relishes.successes.chestnuts
From the centre of Callington, procced north along the A388 towards Kelly Bray and Launceston. In the middle of Kelly Bray take the turning left, sign posted Maders. Proceed along Redmoor Road. At the end of this road turn right onto South Hill Road. The land is the forth field gateway on the right. A For Sale Board has been erected.
METHOD OF SALE
The property will be offered for sale by Online Traditional Auction with a Guide of £20,000 - £30,000. The online auction is scheduled to end on Tuesday 30th January 2024 at 5:30m. 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
This attractive meadow is situated on the rural outskirts of the town of Callington, with attractive views out towards Bodmin Moor. A comprehensive network of paths and rural lanes provide excellent walking and riding opportunities. The land sits in a private and peaceful rural position, accessed off the minor lane South Hill Road. Callington itself offers a wide variety of amenities including pubs, supermarkets and shops. Launceston lies 11 miles north and provides convenient access onto the A30.
DESCRIPTION
0.90 acres of gently south facing pasture, comprised within a single highly productive permanent pasture field. The land could be used for the grazing of horses or livestock, or alternative uses such as the recently extended 60 day Permitted Development camping. There is potential to erect stables subject to obtaining any necessary consents. Mains water is not currently connected but is available for connection in the road frontage to the south.
OVERAGE PROVISION
An Overage provision will be included within the contract, requiring the purchaser and their successors in title to pay the Vendor 25% of any uplift in value over and above agricultural value, triggered on the granting of planning permission of any residential or commercial use, within 21 years from completion of this purchase. For the avoidance of doubt, planning for any agricultural buildings or stables will not trigger the overage.
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 or private rights of way that affect the field.
LOCAL AUTHORITY
Cornwall Council, New County Hall, Treyew Road, Truro, Cornwall, TR1 3AY. T: 0300 1234100, www.cornwall.gov.uk.
TENURE & COMPLETION
The property is sold freehold with vacant possession on completion 6 weeks after the auction, or earlier by agreement.
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 and to consult legal advice prior to bidding. We shall not be making it available for inspection at Stags' offices.
VENDORS' SOLICITOR
Stephen Morrison of Thurstan Hoskin Solicitors, Chynoweth, Chapel Street, Redruth, Cornwall, TR15 2BY. Tel: 01209 213646. Email: stephen.morrison@thurstanhoskin.co.uk
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) of each lot 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.
On Completion, the purchaser(s) shall also reimburse the vendor the cost of the searches carried out, (This would usually be paid by a buyer in a private treaty sale.)
DEPOSIT PAYMENT
The Seller and Buyer agree that the winning Bidder of each lot 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.
SPECIAL CONDITIONS OF SALE
Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provisions of the latter shall prevail. Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.
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: ///relishes.successes.chestnuts
From the centre of Callington, procced north along the A388 towards Kelly Bray and Launceston. In the middle of Kelly Bray take the turning left, sign posted Maders. Proceed along Redmoor Road. At the end of this road turn right onto South Hill Road. The land is the forth field gateway on the right. A For Sale Board has been erected.
01566 248005
Stags - Launceston
Kensey House, 18 Western Road, Launceston, Cornwall, PL15 7AS
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