Archbrook Meadow - Combeinteignhead

METHOD OF SALE 

The property will be offered for sale by Online Traditional auction (unless sold prior.) The auction end date is Wednesday 19th July 2023 at 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. 

SITUATION AND DESCRIPTION 

A unique opportunity to acquire circa 5.18 hectares/12 acres approx of mixed pasture, woodland and stream fed ponds in the highly sought after waterside location of Teignharvey. The land has private access with a winding gravel drive leading through to a selection of farm buildings surrounded by sloping fields on both sides. The plot has the benefit of 10 stables, some with storage over, a useful range of outbuildings and tack rooms, a former piggery, fields and turnout paddocks, formal gardens with specimen trees and shrubs. 

Teignharvey is situated on the southern banks of the River Teign between Shaldon and Combeinteignhead, in an area surrounded by rolling countryside and the ever changing scene of the River Teign. The delightful seaside village of Shaldon, with its beaches, cafe's, pubs and restaurants is only two miles distant, while the coastal town of Teignmouth is just across the Teign estuary with a full range of amenities including well regarded schools, doctors and hospital, shops and restaurants. 

There are many great beaches in the area where a wide range of water sports can be enjoyed and the rugged and picturesque Dartmoor National Park lies a short distance to the west. Communications are excellent with Easy access to Newton Abbot, which lies around three miles away with the Penn Inn roundabout offering a fast link to Exeter and the M5 via the A380. Teignmouth and Newton Abbot railway stations give direct mainline links to London Paddington and the rest of the country. 

SERVICES 

Mains water & Natural water supply. Private Drainage. Electric supply via Solar Array included with sale. 

VIEWINGS 

Strictly by prior appointment with Stags Torquay on 01803 200160. 

DIRECTIONS 

Travelling along M5 just past Exeter, at J31 the M5 turns into the A38. After 2 miles (approx) A38 splits into the A38 and the A380, take the left hand road A380 signed to Torquay. After 10 miles (approx) you reach Newton Abbot. On the approach the first (1/2 mile warning) green sign post the junction is named PENN INN and indicates the left hand lane for Newton Abbot A381 – you want this left hand lane. The next sign post is for Superstore and Plant world, stay left. Then the sign is back to Newton Abbot, Totnes A381, stay in left hand lane. Then the same but arrow is now pointing left, stay in left hand lane. Now white sign showing roundabout, take the first exit to Combeinteignhead.* As you leave the roundabout to the left take the middle lane with COMB written on the tarmac. Follow this road straight up the hill through two set of traffic lights. Keep on this road, it takes you through the village of Netherton. Do be careful, this road is narrow, often going down to a single lane. Keep going and you will soon reach Combeinteignhead Village centre. Continue along the Shaldon Road towards Shaldon until you reach a small stone bridge where you will find access to the property immediately on your right hand side 

BUYERS AND ADMINISTRATIVE FEE 

The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. 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 £1,200 inc VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.

DEPOSIT PAYMENT 

The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly.

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. 

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. 

COMPLETION DATE 

The completion will take place 20 working days after the exchange of this Agreement between the Seller and the Buyer, not including the date of exchange, or any other date the Seller and Buyer agrees to, in all circumstances time being of the essence.

SOLICITOR ACTING 

Scott Richards Solicitors - Patrick Nicholls

4 Regent St, Teignmouth TQ14 8SL

01626 772441 / [email protected] 

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 provisions 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.

DEPOSIT PAYMENT 

The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly.

BUYERS AND ADMINISTRATIVE FEE 

The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. 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 £1,200 inc VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.