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Land
Key information
Property description & features
- For Sale by Traditional Online Auction
- Auction Guide £75,000 to £80,000
- Auction Closing Date - 12th March
- 11.69 Acres (4.73 Hectares)
- Mains Water within the Land
- Two Pasture Fields
- Additional Land Lot Available
- FREEHOLD
Method Of Sale - The property is offered for sale by Traditional Online Auction (unless sold prior). The auction end date is Tuesday 12th March 2024 at 5:00 pm. The vendor reserves the right to withdraw, sell or alter the land for sale prior to the auction end date.
Situation - The land is located in rural North Devon, approximately 1.2 miles to the south-east of Arlington and 2.6 miles to the south-west of Blackmoor Gate where the A399 meets the A39. The Exmoor National Park lies approximately 2 miles to the north-east.
The coast at Combe Martin lies 8.1 miles to the north-west and the large town of Barnstaple is 8 miles to the south. Access to the A361 (North Devon Link Road) is within 14 miles at Aller Cross.
Description - Land at White Cawsey (LOT 1). AUCTION GUIDE £75,000 to £80,000.
This lot comprises two level and gently sloping pasture fields which total 11.69 acres (4.73 hectares). The fields have been used for mowing and grazing and lie at about 260 metres above sea level. The boundaries are mature hedge-banks and the soils are described as being freely draining slightly acid loamy soils.
Additional Lot Available - LOT 2 (8.07 acres / 3.27 hectares)
Access - There is access to the land via an existing gateway on to the public highway.
Services - There is a mains water pipe which runs inside the western boundary of the land.
Tenure - The land is owned freehold and is registered on the Land Registry.
Designations - The land is within a Nitrate Vulnerable Zone (NVZ).
Land Management - The land is registered with the Rural Payments Agency and is not currently within any stewardship or other schemes.
Local Authority - North Devon District Council.
Legal Pack - This includes searches, contracts, title documents, special conditions of sale, details of any fees payable and is available from Bamboo Auctions (bambooauctions.com).
It is the purchaser's responsibility to make all necessary enquiries proper to the auction.
Solicitor Acting - Louise Langabeer, Slee Blackwell Solicitors, Barnstaple, Devon.
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.
Deposit Payment - The Seller and Buyer agree that the Buyer 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 to be transferred to the buyer's solicitors and must be in their client account with 48 hours of the auction ending. It is essential that buyers instruct their solicitor in advance of the auction.
Completion Date - The completion date will be 28 days after the auction or as stated within the legal pack.
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 & Administration Fee - The successful purchaser(s) will pay the sum of £5,000 at the end of the auction. 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 deposit.
An additional administration fee of £600 (inc VAT) will be payable by the successful purchaser immediately after the auction.
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.
There are no public rights of way passing across the land.
Sporting And Mineral Rights - The sporting and mineral rights insofar as they are owned are included with the freehold.
Plans & Boundary Fences - A plan which is not to scale, is included with these sale particulars for identification purposes only.
Viewing - Please contact Stags to arrange a viewing appointment. [use Contact Agent Button]. [use Contact Agent Button]
Directions - From Blackmoor Gate proceed towards South Molton on the A399 for 0.25 miles and turn right towards Calvert Trust and Loxhore. Stay on this road for approximately 2.45 miles and the land will be found on the left shortly after passing White Causey Cross.
What3words - Reference ///publish.reactions.crackles
Disclaimer - These particulars are a guide only and are not to be relied upon for any purpose.
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