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Valuation

Sidbury, Sidmouth
Auction Guide £1,200,000 | 4 bedrooms | 104.47 acres

Property features

• 5 bed Devon longhouse of traditional stone construction
• In need of modernisation (STP)
• Traditional stone barn with potential for alternative uses (STP)
• Modern farm buildings
• Attractive grassland and woodland surrounding the farmstead
• Rural yet accessible location
• Plot of land, subject to lease (Chalet excluded)
• 104.47 Acres
• Auction Guide: £1,200,000 - £1,350,000

METHOD OF SALE
The land is offered for sale by traditional on-line auction (unless sold prior). The auction end date is Thursday 12th August at 6pm. The Vendor reserves the right to withdraw or alter the land for sale prior to the auction end date. The land can be accessed via our website www.stags.co.uk - on-line property and land auctions.

SITUATION
Wolversleigh Farm is set in a stunning rural location surrounded by its own land. Although in a rural location, Honiton is 3.8 miles to the north and Sidmouth 6.6 miles to the south.

The farm is well located for road communications with access to the A30 at Honiton 3.8 miles away. This connects to Exeter and the M5 to the west and the A303 linking to other parts of southern England.

INTRODUCTION
Wolversleigh Farm extends to approximately 104.47 acres (42.30 Hectares). The farmstead is positioned in an elevated position in the centre of its own ring fence of land, offering much privacy and protection.

The farmhouse boasts wonderful views over the Sid Valley, looking south to Sidmouth and the Jurassic Coast. The property has potential to create a very comfortable family home, subject to a programme of modernisation or redevelopment (STP). The plot has had a chalet building in place from approximately 2003 and offers potential to formalise this use (STP).

A traditional stone barn offers potential for alternative uses (StP) while the range of modern farm buildings provide useful agricultural storage and livestock accommodation.

The land is divided into a number of good size fields suitable for mowing, some arable cropping and grazing. The woodland, situated in the centre of the holding, offers sporting and conservation appeal.

THE FARMHOUSE
The floorplan illustrates the layout of the rooms and briefly, the accommodation comprises sitting room, back kitchen, study, dining room, kitchen. On the first floor there are 5 bedrooms, family bathroom and shower room.

OUTBUILDINGS
Timber construction garage. An extension is in the process of being built but currently incomplete.

THE GARDEN AND GROUNDS
The garden occupies an elevated position with views over the Sid Valley. Beyond the garden is an orchard.

FARM BUILDINGS
Split-level yard area with range of modern and traditional barn including:
•Traditional stone barn, brick and stone construction under clay tiled roof with lean-to to the rear.
•Nissan hut.
•Dutch barn
•3 Further modern covered yards providing useful storage and potential for livestock accommodation.

LAND
The land lies within a ring fence and is a mixture of level, sloping and steeper land. Divided into a number of good-sized fields, predominantly grassland but has been used for arable and maize cropping. The woodland extends to approximately 20.14 acres and is a mixture of planted and naturally generated broadleaf woodland and offers sporting, conservation and amenity appeal.

THE PLOT
The plot has a chalet bungalow which was erected by the tenant and is owned by him.

GENERAL REMARKS

SERVICES
Private water and drainage. Mains electricity.

TENURE
Freehold subject to the tenancy agreement on the plot and a grazing licence on part of the farm land. The tenancy on the plot ends on 30 September 2021 - 12 months' Notice to Quit served. The grazing licence ends 30 September 2021. Parcel no 2873. has a claim for possessory title. Further details available from the agent.

ACCESS
Direct access from the public highway.

LOCAL AUTHORITY
East Devon District Council. www.eastdevon.gov.uk

East Devon District Council, Council Offices, Knowle, Sidmouth, Devon, EX10 8HL. Tel: 01395 516551.

BASIC PAYMENT SCHEME
The Entitlements are included in the sale. The current year's payment is reserved from the sale.

The purchaser will take over the vendors' cross compliance responsibilities.

DESIGNATIONS
The property is located within a Nitrate Vulnerable Zone and located within East Devon AONB

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

FIXTURES AND FITTINGS
All fixtures and fittings, unless specifically referred to within these particulars, are expressly excluded from the sale of the freehold.

FARM SALE
The vendor reserves the right to hold a farm sale by auction of live and deadstock on the property prior to completion.

WAYLEAVES AND 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.

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.

BUYERS RESERVATION FEE- TRADITIONAL ONLINE AUCTION
The successful purchaser(s) will be liable to pay £5,000 of which £2,400 (including VAT) goes to Stags/Bamboo auctions and £2,600 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 all Estate Agents to perform due to 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.

AUCTION LEGAL PACK
This includes the searches draft contracts, 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. Due to Covid 19 precautions, we are not making the legal pack available for inspection at Stags offices. It is the purchaser's responsibility to make all necessary enquiries prior to the auction. Further information about the buyer's fees are available on Stags website.

SOLICITOR ACTING
Vernon Clarke
Tozers LLP
Broadwalk House
Southernhay West
Exeter
Devon EX1 1UA

COMPLETION DATE
The completion date will be as dictated by the solicitor and included in the legal pack.

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

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

DIRECTIONS
From Honiton take the A375 signposted Sidmouth. Proceed for approximately 3 miles and go past the Hare & Hounds pub at Putts Corner and the entrance to the farm can be found just past the car park on the right hand side.
 

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