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Land
Key information
Property description & features
- Online Auction 3rd October 2023
- 3.40 acres of land with concreted area
- Close to North Coast
- Distant Sea Views
- Ideal Base for 28-Day Camping
- Suitable for livestock grazing
- Auction guide: £20,000 - £30,000
Method Of Sale - The property will be offered for sale by Online Traditional Auction. The online auction is scheduled to end on Tuesday 3rd October 2023 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 is situated within easy reach of the North Cornwall coastline and all it has to offer. Beaches at Mawgan Porth, Bedruthan Steps, Pentire Steps and Porthcothan Bay all lie within approximately 3 miles of the land. There is also a network of paths and minor lanes providing excellent local walking and riding,
The popular fishing town of Padstow is situated just 6.5 miles north and is known for its extensive range of cafes, public houses and eateries, including Rick Steins esteemed seafood restaurant and Paul Ainsworth's Michelin Starred 'Number 6' restaurant.
Padstow provides access to the famous Camel Trail which links to Wadebridge and Bodmin. The trail offers miles of scenic walking, cycling and horse riding. Wadebridge itself is approximately 12 miles north-west of the land and offers further amenities.
Description - In all, the land comprises 3.40 acres (1.38 hectares) of level pasture, as well as a flat concreted area which is believed to have historically formed part of an old runway from the adjacent former airfield.
Given its proximity to the North Coast, the land will likely appeal to those looking for a base in the area to make use of 28-day camping Permitted Development Rights. It could be used for holidays or weekend getaways by those based either locally, or from further afield. Furthermore, it might also appeal to those looking for livestock grazing.
Restrictions - There are a number of restrictive covenants which affect the property title and benefit the adjacent former airfield. More details can be found within the legal pack and buyers must satisfy themselves regarding this.
Services - No services are currently connected.
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 rights of way shown over the land on the Ordnance Survey Plan.
Local Authority - Cornwall Council, New County Hall, Treyew Road, Truro, Cornwall, TR1 3AY. T:[use Contact Agent Button], .
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 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) 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. The purchasers shall also reimburse the vendor the cost of any searches carried out.
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 no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.
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 - Mrs Avril Jones of Merricks Solicitors, Cross Street, Wadebridge, PL27 7DT. Telephone:[use Contact Agent Button] [use Contact Agent Button]
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.
Viewing - Strictly by prior appointment with the vendor's appointed agents, Stags Wadebridge Office on[use Contact Agent Button].
Directions - What3Words: ///using.alienated.unfit
From the Junction of the A30 and the A39 at Indian Queens, proceed along the A39 towards Wadebridge for 4.3 miles. Take the first turning on the left 1.6 miles after the second roundabout, signposted Talskiddy, St Eval and St Eval Kart Circuit. Proceed to the end of this road and turn right. Continue along this road for 2.7 miles and then fork right into the village, following signs for the Kart Circuit. Proceed through the village, around the former airfield, and the land will be found on the right, immediately after the church. A Stags For Sale board has been erected.
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