Productive gently undulating attractive pasture land with fine views, road frontage and a natural water supply.

Method Of Sale - The property will be offered for sale by Online Traditional Auction. The end of the online auctions are scheduled for Wednesday 19th October 2022 at 6:30pm for this lot (Lot 3), Lot 1 (Cart Lodge Farm Barn) will be offered at 6:00pm. 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 adjacent to, and just up the hill from Cart Lodge Farm Barn, within the picturesque Carey Valley, just on the Devon side of the Devon/Cornwall border. There is easy access to the A30 dual-carriageway just 1.2 miles away which provides fast links to Truro and Exeter. There is a good range of shopping, leisure and health facilities in nearby Launceston and the popular village of Lifton has a good range of local facilities. The rugged North Cornwall coast lies just 18 miles to the north west.

Description - The land extends to 15.25 acres (6.17ha) and is comprised as 2 pasture fields which are currently being used to graze cattle. The land is classified as Grade 3 and is gently undulating, with a rather attractive in-field specimen oak tree. The fields are generally enclosed by stockproof fences and mature hedges, which provide good shade and shelter. The land is accessed by two separate tracks off the minor road that runs along the western boundary, the adjacent field to the southern access also has access rights through the gateway.

Adjacent Dwelling - Cart Lodge Farm Barn , the adjacent 3 bedroom dwelling, for modernisation, is also available with an Auction Guide of £250,000 - £275,000. Please see separate listing.

Services - No services will be connected on Completion. Mains electricity is available for connection nearby, but mains water is not. The land benefits from a natural water supply from the stream running along the NE boundary.

Wayleaves And Rights Of Way - The land is sold subject to and with the benefit of any wayleave agreements and any public or private rights of way. There are no public rights of way over the property. There are shared access rights through the southern gateway.

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

Agricultural And Environmental Subsidies - The land is currently registered for the Basic Payments Scheme and the relevant number of entitlements can be transferred to the purchaser at the next appropriate date after completion of the sale. There are no Environmental Schemes claimed, but there are opportunities for the Purchaser to claim these in the future.

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 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 of each lot immediately after the auction. This will be separately invoiced by Stags. The purchasers shall also reimburse the vendor the cost of the searches carried out (split between the lots sold).

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.

Vendor's Solicitors - Pam Johns of Coodes Solicitors, 4 Bodmin Street, Holsworthy, Devon, EX22 6BB. [use Contact Agent Button] [use Contact Agent Button]

Viewing - Strictly by prior appointment with the vendor's appointed Agents, Stags Launceston Office on[use Contact Agent Button].

Directions - What3Words: ///general.operating.flirts
From Launceston proceed along the A30 towards Exeter for approximately 3 miles, and take the exit signposted to Lifton/Liftondown and Tavistock. Turn right off the junction and follow the road for a short distance, taking the first left hand turn. At the next T junction turn left and proceed down the hill for approximately 0.5 of a mile. The gateway into the land shall be found on the right hand side. (It is the gateway after the double gate, leading to a large farm barn and the one before Cart Lodge Farm drive).

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.

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.