Guide price £65,000

Gluvian, St Columb

1.61 Acres

Managed by our Wadebridge office

About the property

  • Online Auction 19 October 2021
  • 1.61 Acre Riverside Meadow
  • Small Stone Barn with Potential (STP)
  • Edge Of Village Location
  • Close To Mawgan Porth Beach
  • Good Transport Links
  • Auction Guide £30,000 to £40,000
METHOD OF SALE
The property will be offered for sale by Online Traditional Auction. The end of the online auction is scheduled for 6.00 pm on 19th October 2021. 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 - Online Property & Land Auctions

SITUATION
The land lies in a peaceful yet convenient position on the edge of St Columb within easy reach of a number of popular beaches. It is close to Newquay and Newquay Airport, and has good access on to the A39 and the A30. It provides an excellent base with easy access to many Cornish attractions.

DESCRIPTION
The land currently comprises a single 1.61 acre field on the banks of the River Menalhyl, with a stone barn in the NW corner that
measures 12' x 28' approx, (measured from OS plan) . The land is very gently south facing.

The meadow is currently a haven for a range of wildlife. It offers potential perhaps, for 56 Day Camping or other recreational uses (STP) whilst continuing to maintain some of the land for wild flowers, insects, birds and other wildlife. The River provides an ideal area to relax beside or perhaps let children try to catch a fish.

The barn is an open fronted single storey barn in need of repair, but may , offer some potential (STP), for a range of uses. The route of the nearby footpath actually runs at least 20m away from the barn at its closest point, enabling the barn to be quite private. There may also be potential (STP) to erect a stable or a field shelter.

SERVICES
There are no mains services currently connected, although the land is naturally watered. An overhead electricity line crosses the NW corner and Legal Rights are granted to bring mains water from the road under the vendor's retained land to the east.

FENCING
The purchaser will be responsible, within 4 months of Completion, for clearing and erecting a stockproof fence between Points A - B shown on the attached plan, together with blocking up the two gateways halfway along the eastern boundary of the meadow. Further details can be found within the Legal Pack.

WAYLEAVES, COVENANTS AND RIGHTS OF WAY
There are no restrictive covenants limiting the use of the property. The Property shares vehicular access rights over the access strip from the north with the towners of the field to the west,; this crosses a small part of this Property in the NW corner. There is also a 6m wide right of access reserved, just inside the gate on the eastern boundary, linking the vendors' retained land. A footpath runs from the highway at Gluvian Bridge (170m to the east) along (and just within) the northern boundary.

TENURE & COMPLETION
The property is sold freehold with vacant possession on completion 6 weeks after the auction, or earlier by agreement. Please note there is an area of unregistered land to the east of the barn and to the west of the gate, that the Vendors have always believed they have owned, and that they have occupied for well in excess of 12 years, but which is not shown within their registered title. A plan of this land and further details can be seen within the legal pack.

OVERAGE PROVISION
The Purchaser shall pay the Vendor and their successors a payment of £40,000, if planning permission for any dwellings on the property is obtained within 21 years from Completion.

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 Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price/deposit.

An additional "administration" fee of £600 including VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags. The purchaser shall also reimburse the vendor the cost of the searches carried out.

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.

VENDOR'S SOLICITORS
Thurstan Hoskin Solicitors, Chynoweth, Chapel Street, Redruth, Cornwall, TR15 2BY, T: 01209 213646, E: info@thurstanhoskin.co.uk, FAO: Mr S Morrison.

AUCTION LEGAL PACK
This includes the searches, draft contract, deeds/epitome of title, special conditions of sale etc, and is 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. Due to Covid precautions we are not making it available for inspection at Stags offices Prospective purchasers are strongly advised to inspect the legal documentation and to consult legal advice prior to bidding.

VIEWING
Viewing of the property is strictly by prior appointment through the Agent's, Stags Wadebridge Office. It is suggested that viewers park considerately near Bridge and walk the 170m along the footpath to the land.

DIRECTIONS
From the A30 at Indian Queen's turn onto the A39 and proceed towards Bude. Continue over the first two roundabouts and after approximately 1.6 miles turn left signposted St Eval. Proceed to the end of this road and turn left. The gateway into the vehicular access shall be found on the right hand side after 0.4 of a mile, just before the 2nd residential property on the right hand side. A For Sale board has been erected. For Viewing continue down the hill and park beside the bridge and follow the footpath to the land.

*DEFINITIONS OF GUIDE AND RESERVE
li> /li> Guide price(s) are an indication of the seller's expectation.
li> /li> 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.
li> /li> Guide prices may change at any time prior to the auction.
 

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