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Blackborough, Cullompton
Auction Guide £8,000

Property features

• SOLD BY ONLINE AUCTION
• £32,500
• Former concrete reservoir
• Two underground tanks
• Surrounded by woodland
• Vehicle right of access
• About 140 sqm (1,500 sqft)

SITUATION
The former South West Water covered reservoir is situated in a wonderful elevated position above the village of Blackborough.

The small village of Blackborough is situated in an elevated position adjoining many acres of wood and common land which has various bridle and footpaths, in this wonderful Area of Outstanding Natural Beauty.

The village has a community feel with its clubs and societies and is situated east of Cullompton and west from the market town of Honiton which provides an extensive range of services.

Exeter is about 17 miles to the west, whilst the coast at Sidmouth is about 17 miles to the south.

DESCRIPTION
This now redundant reservoir is constructed of concrete split into two chambers submerged and covered with soil. It is understood this would come under a B8 Storage Use Class.

The plot, which extends to about 140 sqm (1,500 sqft) is fenced and surrounded by woodland managed by the Forestry Commission.

Please note there is no consent to live onsite, although limited overnight stays occasionally might be possible within permitted development rules.

ACCESS
There is a right of access by vehicle and on foot.

SERVICES
None connected

DIRECTIONS
From the centre of the village of Blackborough having come up the hill from Kentisbeare turn right to Sheldon. Continue up through the woods and on the left is a large layby with access to the woodland.

VIEWING
Strictly by appointment only. Please park as per the plan and walk along the route marked in red on the plan.

WHAT3WORDS
Location of access - use ///mashing.interview.skylights.
Location of Reservoir - use ///voltage.shins.squirted

METHOD OF SALE
The property will be offered for sale by Online Traditional auction. The auction end date 19th October 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.

BUYERS & ADMINISTRATION FEE - ONLINE AUCTION
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 Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.
An additional "administration" fee of £600 (Inc. VAT) will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.

PROOF OF IDENTITY
Under the 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.

DEFINITION OF AUCTION AND RESERVE
-Guide price is an indication of the seller's expectation.
-Reserve Price is 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.

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. 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.

SOLICITOR ACTING
Simon Wilson - Wollens Solicitors simon.wilson@wollens.co.uk

COMPLETION DATE
The completion date will be as dictated by the solicitor and included in the legal pack, likely to be 20 working days following exchange.

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 provision 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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