Land at Tregadillett - Launceston

METHOD OF SALE 

The property will be offered for sale by Online Traditional Auction (unless sold prior.) The Auction end date Thursday 18th May 2023 at 6pm. 

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 is located on the edge of the village of Tregadillett. The rural village has a primary school, a community centre, United Church and a popular public house. The village lies within a mile of the A30 (East and West) and roughly 1 mile from Trethorne Hotel and Golf Club with its scenic and award winning 18 hole golf course. The town of Launceston is roughly 2.5 miles away and has numerous shops, boutiques, sporting and social clubs, a fully equipped leisure centre and a further 18-hole golf course, along with doctors', dentists' and supermarkets. The historic fishing village of Boscastle along the North Cornish Coast lies 15 miles North with beautiful walking routes along the rugged stretch of coastline. 

DESCRIPTION - AUCTION GUIDE £10,000 - £15,000

This single enclosure extends to approximately 1.29 acres with established hedge boundaries, a range of trees and gated access onto the main road. 

OVERAGE CLAUSE 

The land will be subject to an overage provision. For further information please contact Stags Launceston office or alternatively, further information is contained within the legal pack. 

SERVICES 

There are no mains services connected. Purchasers must satisfy themselves on this point. 

LAND PLAN 

A plan which is not to scale, is included with these sale particulars for identification purposes only. 

WAYLEAVES AND RIGHTS OF WAY 

The land is sold subject to and with the benefit of any wayleave agreements either passing upon, over or under it. The land is also sold subject to and with the benefit of any public or private rights of way. 

VIEWINGS 

Strictly by prior appointment with the vendor's appointed agents, Stags. 

DIRECTIONS 

From Launceston proceed west towards Bodmin taking the 1st exit off Pennygillam Roundabout. After joining the A30, take the 1st left just under a mile signposted Tregadillett and Trebursye. At the roundabout, take the 3rd exit signposted Tregadillett. Continue on this road passing the Eliot Arms Public House. Upon reaching a mini roundabout, continue straight on (first exit) and after a short distance you will see the access gate on your left, clearly identified by a Stags For Sale board. 

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

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. 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 and to consult legal advice prior to bidding. 

SOLICITOR ACTING 

Ben Mitchell - Parnalls Solicitors

15-19 Westgate Street, Launceston, Cornwall, PL15 7AB. 

01566 772375 - [email protected]

COMPLETION DATE 

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

DEFINITION OF AUCTION 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 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.

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. 

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.