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Thorverton, Exeter, Devon, EX5
Guide price £150,000 | 18.95 acres

Property features

• SOLD AT AUCTION
• Productive Farm Land
• 18.95 Acres (7.61 ha)
• Classified Grade 2
• Arable
• Direct Road Access
• Natural Water
• Auction (Unless Sold)
• 8th March 2017

SOLD AT AUCTION. 18.95 acres of productive Grade 2 arable land in the sought after Exe Valley. Direct road access. Small area of copse. For Sale by Auction (unless sold prior). Wednesday 8th March 2017.
 
SITUATION:
The land is situated in a rural position 1.5 Miles south west of the popular Exe Valley village of Thorverton. The A396 Exe Valley Road which links Exeter to the south and Tiverton to the north, is about 3 miles to the east of the land.
 
The cathedral city of Exeter and market town of Tiverton are both within easy reach with the M5 motorway near to both settlements.

DESCRIPTION:
The land extends in all to about 18.95 acres (7.61 hectares) and comprises a single enclosure of productive Grade 2 arable land including 0.58 acres of deciduous woodland on the western boundary.
 
The land is level or very gently sloping and is bounded by a mixture of post and wire fencing and hedgerows with views over the Exe Valley. The land is currently sown with a winter wheat crop (Costello variety) and is capable of growing a wide variety of cereal and forage crops.

SERVICES:
There are no mains services connected to the land. There is a stream within the copse, on the western boundary and a borehole adjacent to the roadside hedge (requires pump).

TENURE:
The land is owned freehold and is available with vacant possession upon completion.

PLANNING
There was previously planning consent for an agricultural building measuring 15m x 5m. This consent has now lapsed.

LOCAL AUTHORITY:
Mid Devon District Council, Phoenix House, Phoenix Lane, Tiverton, Devon EX16 6PP. Tel: 01884 255255 www.middevon.gov.uk.

METHOD OF SALE:
The Land near Thorverton will be offered for sale by public auction (unless sold prior), as one lot. The vendor reserves the right to withdraw or alter the property for sale prior to the auction.

AUCTION DATE & VENUE:
Wednesday 8th March 2017 at 19:00. The Ruffwell Inn, Thorverton, Exeter, Devon, EX5 5NB.

*DEFINITION OF AUCTION GUIDE & 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.

    LEGAL PACK:
    Copies of the legal pack and special conditions of sale should be obtained from the sellers solicitors. It is the purchasers responsibility to make all necessary enquiries prior to the auction.

    SOLICITOR ACTING:
    Gilbert Stephens Solicitors, Manor Office, North Street, Crediton, Devon, EX17 2BR. Tel: 01363 775566. Contact: Clare Trevelyan-Thomas

    BASIC PAYMENT SCHEME:
    The BPS entitlements (non SDA) are included in the sale.

    INGOING VALUATION:
    Upon completion and in addition to the purchase price, the purchaser shall take over and pay for (including any VAT where
    applicable) the items below at valuation.
     
    Beneficial cultivations carried out prior to completion and growing crops planted prior to completion at the cost of seeds, fertilisers, sprays, pesticides and labour thereto. Where labour has been undertaken by contract, then the actual cost shall apply. In all other cases, the labour charges shall be in accordance with the CAAV costings.
     
    All matters of valuation shall be carried out by Stags acting upon behalf of the Vendors and Purchaser, whose decision shall be final and binding on both parties and whose fees and expenses shall be paid in equal parts by each.
     
    The buyer will be required on completion to make a payment on account for the approximate amount of the ingoing valuation, as calculated by Stags, with the final valuation to be agreed within 7 days after completion. All valuation monies shall be paid, by cleared funds, in the account of the agents or vendor, within 14 days of completion and shall otherwise therefore carry interest at 5% above the HSBC Plc base rate applicable to the period.

    DESIGNATIONS:
    The land is within a Nitrate Vulnerable Zone.

    SPORTING & MINERAL RIGHTS:
    The sporting and mineral rights insofar as they are owned are included with the freehold.

    WAYLEAVES, RIGHTS OF WAY ETC..
    The property is sold subject to and with the benefit of any wayleave agreements in respect of any electricity or telephone poles, wires, stays, cables etc., or water or drainage pipes etc., either passing upon, over or under it. The property is also sold subject to and with the benefit of any public or private rights of way or bridleways etc.

    PLANS AND BOUNDARY FENCES:
    A plan, which is not to scale and is not to be relied upon, is attached to these particulars. Purchasers must satisfy themselves by inspection or otherwise as to its accuracy.

    VIEWING:
    Strictly by appointment only with Stags. Please contact the Farm Agency Department to arrange an appointment: Telephone 01392 680059 or email: farms@stags.co.uk.

    DIRECTIONS:
    From the centre of Thorverton, proceed up Bullen St and bear left signposted towards Upton Pyne. After a very short distance turn right towards Raddon and continue out of the village. At the following T-junction turn left signposted towards Upton Pyne. After approximately 0.7 miles the land can be found on the right hand side.

    DISCLAIMER:
    These particulars are a guide only and should not be relied upon for any purpose.

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