Pond and Plantation - Broadhembury

METHOD OF SALE

The land is offered for sale by traditional online auction (unless sold prior.) The auction end date is Tuesday 14th May 2024 at 5pm.

The Vendor reserves the right to withdraw or alter the land for sale prior to the auction end date.

SITUATION

The land is situated to the west of the picturesque conservation village of Broadhembury, known for its thatched cottages grouped around the ancient Drewe Arms public house and old parish Church, along with primary school and village Post Office and stores. There are extensive bridleways and paths leading deeper into the Blackdown Hills.

DESCRIPTION - AUCTION GUIDE £30,000-£40,000

The land in all extends to approximately 1.1 acres (0.45 hectares,) made up of mature pond with island surrounded by vegetation and several mature hardwood/broadleaf trees. From the high ground to the south, there are stunning views over East Devon countryside towards the East Devon coast. Historically, the pond was dug to provide clay to create nearby cob buildings. The combination of the pond, vegetation and woodland creates conservation and amenity opportunities. Photographs taken June 2023.

ACCESS

The land has direct access to the public highway.

SERVICES.

None.

TENURE AND POSSESSION

The land is held freehold and is available with vacant possession on completion.

LOCAL AUTHORITY

East Devon District Council. www.eastdevon.gov.uk

RESTRICTIVE COVENANTS

The present and future owners of Upcott Farm reserve the right to enforce the following restrictive covenants: No Temporary or overnight, residential accommodation permitted including siting of shepherd’s huts, caravans or glamping. No scrap or general waste materials may be stored on the site at any time. Shooting of any game or wildfowl is not permitted. Permitted structures: A tool shed and or observation shelter will be permitted.

SPORTING AND MINERAL RIGHTS

The sporting and mineral rights insofar as they are owned are included with the freehold. The Shooting rights are not permitted to be exercised.

WAYLEAVES AND 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 AND 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. The Boundaries are defined by T marks.

BUYERS RESERVATION 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.

An additional administration fee of £1,200 inc VAT will be payable by the successful purchaser immediately after 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.

The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.' 

PROOF OF IDENTITY

Under Money Laundering Regulations 2017 it is a requirement for all Estate Agents to perform due to 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. Prospective purchasers will need to register with the Bamboo online platform in order to download the legal pack. 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, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.

SOLICITOR ACTING

Laura Prouse - Ashfords LLP

Ashford House, Grenadier Road, Exeter EX1 3LH

Email: [email protected] Tel: 01392 333733

COMPLETION DATE

The completion date will be as dictated by the solicitor and included in the legal pack.

VIEWING

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 the pond.

DIRECTIONS

Take the A373 from Honiton towards Cullompton. Turn right at Collaton Cross, signposted to Broadhembury and take your next left after approximately ½ a mile. Continue until you reach the crossroads, proceed straight over and after approximately ¼ of a mile the pond and woodland can be found on the left-hand side.

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 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.

DISCLAIMER

Important: Stags gives notice that:

1. These particulars are a general guide to the description of the property and are not to be relied upon for any purpose.

2. These particulars do not constitute part of an offer or contract.

3. We have not carried out a structural survey and the services, appliances and fittings have not been tested or assessed. Purchasers must satisfy themselves.

4. All photographs, measurements, floorplans and distances referred to are given as a guide only.

5. It should not be assumed that the property has all necessary planning, building regulation or other consents.

6. Whilst we have tried to describe the property as accurately as possible, if there is anything you have particular concerns over or sensitivities to, or would like further information about, please ask prior to arranging a viewing.

BUYERS RESERVATION 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.

An additional administration fee of £1,200 inc VAT will be payable by the successful purchaser immediately after 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.

The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.'