Land Adj to Innis Lakes (Lot 2)

Attractive paddock with stream running through it, pond, small woodland area and concrete block agricultural building with immediate access onto the Clay Trails, offering miles of traffic-free, off road walking, cycling and horse-riding.
METHOD OF SALE
The property will be offered for sale by Online Traditional Auction. The end of the online auction is scheduled for Wednesday 30th June 2021 at 6.00pm. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.
SITUATION
The land lies within a rural setting at Innis Moor on the outskirts of Penwithick and benefits from being located immediately along the Clay Trails, offering miles of off-road, traffic free walking, cycling and horse-riding, literally on the doorstep, and linking to the Eden Project, just one quarter of a miles' walking distance along the off road trails.
Penwithick offers a convenience store with post office and a parish Church. Within four miles is the town of St Austell with a wider range of amenities. The Eden Project is within just two miles and the A30 can be accessed at Roche and at Bodmin (both approx. 6 miles distant).
LOT 2
This Lot extends to 0.86 acres and comprises a single meadow with an attractive stream running through it. At the back of the meadow is a wooded area, with further woodland backing on to it. Within this wooded wildlife area is a pond. Within the meadow is a concrete block outbuilding - currently divided into two looseboxes and could benefit from some repairs/improvement. Fine views can be enjoyed from the meadow including over the adjoining fishing lakes. The property has road frontage.
The site is suitable for a number of uses including camping or for the siting of shepherds huts (subject to consent) and the building could - with planning permission - offer a wide range of commercial opportunities.
Please note, It has been reported that a viewer has seen several small
Japanese Knotweed plants on the banks of the stream running through the Property.
ADDITIONAL LAND
A further adjoining lot (Lot 1) is also available and comprises 1.34 acres and 1.33 acres (total 2.67 acres) on either side of the country road running through Innis Moor. There is gated road access to all the land. The main block of land is on southern side of the lane and comprises a long, run of pasture divided into two by a yard with hard standing providing ample parking for vehicles, trailers etc. Set in the yard are a number of timber outbuildings including feed store, two stables, tack room, two further stores, a jump store/gallery and a 'break room' fitted with a kitchenette.. Beyond the stables is a 40m x 20m manege and further grazing land.
DEVELOPMENT POTENTIAL
A planning application was made in April 2020 (application number PA20/01040) for the conversion and extension to former stable building to residential dwelling. This was turned down at appeal. This building may still have potential for a rural office, studio or other various alternative uses, subject, of course to obtaining any necessary planning permissions.
SERVICES
No mains services are currently connected. Mains water is believed to be located nearby. A mains electricity supply is thought to be suitable for connection at the adjoining fisheries. Purchasers must satisfy themselves on these points.
LOCAL AUTHORITY
Cornwall Council, County Hall, Treyew Road, Truro, Cornwall, TR1 3AY, T: 0300 1234 100, www.cornwall.gov.uk
WAYLEAVES & RIGHTS OF WAY
The property is sold subject to and with the benefit of any wayleave agreements in respect of electricity or telephone equipment and the property is sold subject to and with the benefit of any public or private rights of way. We are not aware of any other public or private rights of way that affect the property.
OVERAGE PROVISION
The Purchaser shall pay the Vendor and their successors 25% of any uplift in value, triggered by obtaining residential planning permission on the property within 21 years from Completion.
TENURE & COMPLETION
The property is sold freehold with vacant possession on completion 6 weeks after the auction, or earlier by agreement.
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
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.
DEFINITION OF GUIDE & 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 price(s) may change at any time prior to the Auction.
VENDOR'S SOLICITOR
Thurstan Hoskin Solicitors, Chynoweth, Chapel Street, Redruth, Cornwall, TR15 2BY (FAO Stephen Morrison) T: 01209 213646 E: [email protected]
VIEWING
Viewing of the land is strictly by prior appointment with the vendor's appointed agents, Stags Truro Office.
DIRECTIONS
From St Austell proceed in a Northerly direction along the A391 and at the fifth roundabout take the right hand exit to Boscoppa and Carclaze. Upon reaching Carluddon double roundabouts, proceed towards Luxulyan and continue along this road before turning left signposted Innis Inn. Proceed down into the valley and turn right and right again (again following signs for the Innis Inn) and then continue for approximately half a mile before approaching the land on the left hand side. A For Sale Board has been erected.

BUYERS & ADMINISTRATION FEES
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 (Inc 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 sum of £424.60 to cover the cost of the searches carried out.