Land and Buildings at Liftondown - LOT 3

Method Of Sale - The property will be offered for sale by Online Traditional Auction. The end of the online auction is scheduled for 31st August 6.40pm 2021. 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 - The land lies to the North of the A388 and the A30 at Liftondown, an easily accessible and sought after part of Devon which lies just East of the Cornish border.

The land occupies an elevated position, enjoying far reaching views to the South and West over picturesque countryside. The land also benefits from excellent access to the surrounding area by quick road links.

Lifton village is situated about 1.5 miles East of the property and boasts a wealth of local amenities including pubs, hotels, a Post Office and shop, GP surgery, church and Tesla Supercharger point. The larger centre of Launceston is situated 2.5 miles to the West of the land and features extensive services and amenities in line with those of a larger regional town.

Description - Please Note these are only summary details. Please download brochure for full details.

For Sale by Online Auction 31st August 6.40pm 2021

Lot 3 - 1.19 acre of pasture adjoining residential property - Guide Price £20,000 - £30,000

Lot 3 is a parcel of land which forms a margin against a residential development and should be highly sought amongst those living in the immediate vicinity or investors. As with Lots 1 and 2, the land is currently under grassland and is mostly level. (The Purchaser of Lot 3 shall be responsible for erecting the dividing stockproof fence between Lot 3 and Lots 1 & 2, with a gate into Lot 2 within the first 20m).

Additional Adjoining Land Available - Lot 1 - 7.27 acres of grassland with private access - Guide Price £45,000 - £55,000
Lot 2 - 8.92 acres of grassland with pond - Guide Price £55,000 - £65,000
Lot 4 - 0.03 acre land and buildings - Guide Price £20,000 - £30,000

Wayleaves And Rights Of Way - The property 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. We are not aware of any other public or private rights of way that affect the property.

Lot 2 benefits from a right of access across Lot 3 and the route of the access is shown by a brown dotted line on the plan attached to these particulars.

Services - There are no services connected but both mains water and electricity are believed to be close-by, Purchasers must satisfy themselves on this point..

Local Authority - West Devon District Council (Borough Council)

Access - Lots 2 and 3 are reached by a shared access in the south west corner which shall be owned by Lot 3.

Tenure & Completion - The property is sold freehold with vacant possession on completion 6 weeks after the auction, or earlier by agreement.

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 Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price/deposit.

An additional "administration" fee of £600 including VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags. The purchaser shall also reimburse the vendor the cost of the searches carried out.

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.

Auction Legal Pack - This includes the searches, draft contract, deeds/epitome of title, special conditions of sale etc, and is available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser's responsibility to make all necessary enquiries prior to the auction. Due to Covid precautions we are not making it available for inspection at Stags offices Prospective purchasers are strongly advised to inspect the legal documentation and to consult legal advice prior to bidding.

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.
-Guide price(s) may change at any time prior to the Auction.

Vendor's Solicitors - Stephen Morrison, Thurstan Hoskin Solicitors, Chynoweth, Chapel Street, Redruth, Cornwall, TR15 2BY. Tel[use Contact Agent Button] Fax[use Contact Agent Button]

Viewing - Viewing of the land is strictly by prior appointment with the vendor's appointed agents, Stags Launceston Office.

Directions - From the A30 at Launceston, travel East towards Okehampton. Turn off the A30 at Lifton Down, taking the right turn at the end of the slipway. Pass the Methodist Church on your left and continue for another 100 metres. Access to Lot 2, 3 and 4 is on your left. For Lot 1, continue along the A388 and take the next left shortly followed by another left, signposted "Holsworthy 12 miles". Continue along the road for about 200 metres before reaching Lot 1 by a gated entrance on your left.