Auction Guide £50,000

Offwell, Honiton

2.81 Acres

Managed by our Honiton office

About the property

  • Sale by Online Auction
  • By 5pm 7th December 2022
  • 2.81 acres (1.14 ha)
  • Road access
  • Backing onto houses
  • Freehold
  • No Council Tax
METHOD OF SALE
The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is 5pm on the 7th December

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.

SITUATION
Positioned in the heart of the village, the land backs onto several houses as well as the primary school. Offwell has a well regarded primary school and active community based around the school, church and village hall, whilst being just a short 2.6 miles from the market town of Honiton, which has a good range of day to day amenities including banks, post office, schools, an out of town retail park and a diverse and interesting range of independent shops and supermarkets. Honiton also has a train station situated on the London Waterloo line.

The A30 is easily accessible and provides links to the M5 and A303. Honiton is on the Exeter to London Waterloo line and the London Paddington line is available from Taunton.

A number of popular beaches on the Jurassic Coast, such as Sidmouth and Lyme Regis, are within easy driving distance.

DESCRIPTION
This gently sloping field is in permanent pasture with well-fenced mature hedges to most boundaries.

Extending to 2.81 acres (1.14 ha) the land has previously been considered by the local council as part of their Strategic Housing Land Availability Assessment, (SHLAA 2012) further details available on the EDDC website.

SERVICES
No mains services connected.

DIRECTIONS
As you come into the heart of the village from Honiton, go past Four Acre Close and the access to the land is immediately on your left.

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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.

BUYERS & ADMINISTRATION FEE
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 as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price immediately after the auction.

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.

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
Mr Simon Price - Alletsons Solicitors, 8 Castle Street, Bridgwater, Somerset TA6 3DB 01278 411584 simon.price@alletsons.co.uk

COMPLETION DATE
The completion date will be as dictated by the solicitor and included in the legal pack, Shown as 18 January 2023

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.

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.

WAYLEAVES & RIGHTS OF WAY
The property is sold subject to and with the benefit of any wayleave agreement, easement and any public or private rights of way that may affect it. Please see the legal pack for more details, under Deed of Variation.
 

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