3.06 acres of level pasture with timber stables and mains water

Method Of Sale - The property will be offered for sale by Online Auction (unless sold prior). The auction end date is 5pm on Thursday 15th June. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.

Situation - The land and stables are situated in West Hill, a popular settlement in East Devon which lies about 2 miles West of Ottery St Mary and about 6 miles North of Sidmouth.
Ottery St Mary has a wealth of amenities including pubs, shops, schools and other wide-ranging services.
From its desirable, quiet village position the land benefits from access to public footpaths and country lanes as well as elevated views of the surrounding area.

Introduction: Auction Guide £80,000 - £100,000 - The land extends to about 3.06 acres of level pasture which is surrounded by boundaries of mature mixed hedging and fencing.
The land is currently split into conveniently sized grazing enclosures by temporary fencing .
In the South-east corner of the land is a range of timber structures including a timber hay store and 2 timber stables each comprising 2 loose boxes. The stables are reached from the property entrance by a compact hardcore track.

Services - Mains Water Connection - See replies to enquiries in the auction legal pack, section 1.1 and 1.2

Access - Access by a private right of way over an unmetalled track to the South. The access is for agricultural or equine purposes only.

Tenure And Possession - The land is freehold and is available with vacant possession on completion.

Local Authority - East Devon Local Authority -
Sporting And Mineral Rights - The sporting and mineral rights insofar as they are owned are included with the freehold.

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.
The land benefits from a right of way over a track which is privately owned.
The land will be sold subject to a private right of access along the Eastern boundary and between points A and B on the sale plan.

Uplift Clause - There is an existing overage on the land which expires on 16th May 2045. The trigger event is the granting of planning permission or alternative use consent for anything other than an agricultural or equestrian use. The additional payment is 50% of the "Enhanced Value" decreasing by 2% for each full year after the date of the Agreement for the first 10 years, and then at a rate of 1% for each completed year to the end of the term of the overage.

Plans & Boundary Fences - A plan which is not to scale, is included with these sale particulars for identification purposes only. The vendor shall not be called upon to define the ownership of boundary fences.

Completion Date - The completion date will be 20 working days after the auction or as dictated by the solicitor.

Definition Of Auction 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 prices may change at any time prior to the auction.

Buyers & Administration Fee - Traditional Online - The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a 'buyers 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.
An additional 'administration' fee of £1,200 including VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.

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 administration.

Auction Legal Pack - This includes the searches, draft contract, deeds/epitome of title, special conditions of sale etc., and is available to download free of charge to those who have registered, from our auction partners website () . It is the purchasers responsibility to make all necessary enquiries prior to the auction. Further information about buyer's fees are available on Stags website.

Vendors Solicitor - Trowers and Hamlins, The Senate, Southernhay Gardens
Exeter, Devon, EX1 1UG
FAO Nicola Janus-Harris
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Viewing - Strictly by appointment only. Please contact Stags Farm Agency on[use Contact Agent Button].

Warning - Farms and land can be dangerous places. Please take care when viewing the property, particularly in the vicinity of farm buildings and livestock.

Directions - From the A30 junction at Aller Grove, head South on the B3180 towards Exmouth and West Hill. After about 1 mile, turn left signed West Hill and continue along Bendarroch Road into West Hill. Turn left onto Toadpit Lane just before West Hill Garage and follow the lane to the left. Continue along Toadpit Lane and on bearing right continue onto the unmade track. Follow the track for a 100 yards around a left bend until the gate to the field is found, marked by a Stags sale board. What3Words: bugs.prestige.dreamers

Disclaimer - These particulars are a guide only and are not to be relied upon for any purpose.