This property is no longer on the market
Land
Key information
Property description & features
- 19.61 acres in total
- Productive pasture
- Coastal Belt land and Private Beach
- Small building
- Mains water connected
- Direct access to the South West Coastal footpath
- Freehold
- For sale by Online Auction
- The auction end date is Tuesday 8th August 2023 at 5pm.
Method Of Sale - The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Tuesday 8th August 2023 at 5pm.
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.
Situation - The land is situated just over half a mile to the west of the village of Down Thomas in South Devon. Down Thomas benefits from a village shop, post office and a bus stop. The nearest city of Plymouth is approximately 5.5 miles to north west while the A38 dual carriageway expressway, connecting to the M5 motorway and national road network, is approximately 5.6 miles to the north east.
Description - The land comprises a rare mix of permanent pasture, coastal belt and beach and presents a unique opportunity to own part of the South Devon coastline and shore.
The eastern paddock gently slopes to the west and is currently down to permanent pasture and has been predominantly used for grazing in the past. It makes an ideal grazing field as it is a single paddock. Access to this land can be gained through the double gateway which is located in the far eastern corner of the pasture land. The coastal belt and beach/rocks is accessed by an attractive track in the south western corner of the pasture land. The track has been cut over the years and epitomises a coastal scene with many wildflowers and plants growing in its hedges. From this area there are beautiful views to the north west of Plymouth sound, the Breakwater and Drakes Island, in a peaceful and secluded location.
Public Rights Of Way - There is a public footpath which runs directly along the periphery of the pasture land and there is a public coast path which links Heybrook Bay and Bovisand, running along the western boundary of the coastal belt.
Services - There is a mains water supply to the main paddock
Local Authority - South Hams District Council, Follaton House, Plymouth Road, Totnes, Devon, TQ9 5NE. [use Contact Agent Button].
Directions - From the village of Down Thomas, turn west down Manor Bourne Road. Proceed down this lane, passing the village stores for approximately for approximately 0.5 miles until you reach a sign marked 'Private Road'. Turn immediately right onto another private road and the entrance gate to the field will be found after approximately 40 metres on your left hand side
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 registration.
Buyers And 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 as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price. An additional "administration" fee of £1,200 inc VAT will be payable by the successful purchaser immediately after the auction.
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.
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.
Please follow this link to get to the listing on Bamboo Auctions to find the auction pack:
Solicitor Acting - George Price, Bright Solicitors LLP, Floor 1, Studio 5-11, 5 Millbay Road, Plymouth, Devon, PL1 3LF
Completion Date - The completion date will be as dictated by the solicitor and included in the legal pack.
Definition Of Auction 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 figure guide. Guide prices 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.
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