METHOD OF SALE
The property will be offered for sale by Online Auction (unless sold prior). The auction end date is Wednesday 5th April 2023 at 4pm. 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 www.stags.co.uk - Online Property & Land Auctions.SITUATION
The land is located to the West boundary of Bow, a village between Crediton and Okehampton in Mid Devon.
The A3072 public highway runs to the North of the land which reaches to Exeter in the East.
Bow is a popular village, with local services and amenities including a primary school, convenience store, medical centre, pubs and a church.INTRODUCTION: AUCTION GUIDE £35,000
The land extends in about 1.51 acres and comprises a single level pasture field. The land is surrounded by grown up hedgerows which provide shelter and privacy.
The land suggests a variety of uses including amenity, environmental, conservation and re-wilding opportunities.SERVICES
Access to the public highway to the NorthTENURE AND POSSESSION
Freehold and is available with vacant possession on completion.LOCAL AUTHORITY
Mid Devon District Council - www.middevon.gov.ukSPORTING AND MINERAL RIGHTS
The sporting and mineral rights insofar as they are owned are included with the freehold.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.PLANS & BOUNDARY FENCES
A plan which is not to scale, is included with these sale particulars for identification purposes only. The vendor shall not be called upon to define the ownership of boundary fences.COMPLETION DATE
The completion date will be 20 working days after the auction or as dictated by the solicitor.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.BUYERS & ADMINISTRATION FEE - Traditional Online
The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a 'buyers 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 £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 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 administration.AUCTION LEGAL PACK
This includes the searches, draft contract, 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 (https://app.bambooauctions.com/) . It is the purchasers responsibility to make all necessary enquiries prior to the auction. Further information about buyer's fees are available on Stags website.VENDORS SOLICITOR
Manor Office, North Street,
Devon EX17 2BR
By appointment only. Please contact Stags Farm Agency on 01392 680059.WARNING
Farms and land can be dangerous places. Please take care when viewing the property, particularly in the vicinity of farm buildings and livestock.DIRECTIONS
From the centre of Bow, head West towards Okehampton on the A3072. The land is marked by a Stags sale board on the left of the road, shortly after leaving the village and before the Co-Op store. What3Words: stops.fists.lionsDISCLAIMER
These particulars are a guide only and are not to be relied upon for any purpose.