Land to the rear of The Old Post Office - Offwell
Land to the rear of The Old Post Office, Honiton, EX14 9SA
- 38
Key features
Guide Price: *
£50,000
Fees apply
Buyer's fee:£2,400
Admin fee:£600
All fees include VAT at 20%
Holding Deposit: *£2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£55,000Bid history
16 bidsSThis is an automatic bid as the bidder has set a maximum bid for this lot
07/12/2022 16:58:58 - £55,000
E
07/12/2022 16:56:09 - £54,000
M
07/12/2022 16:55:51 - £53,000
See all 16 bids ▾
METHOD OF SALE
The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Wednesday 7th December 2022 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
Positioned in the heart of the village, the land backs onto several houses as well as the primary school. Offwell has a well regarded primary school and active community based around the school, church and village hall, whilst being just a short 2.6 miles from the market town of Honiton, which has a good range of day to day amenities including banks, post office, schools, an out of town retail park and a diverse and interesting range of independent shops and supermarkets. Honiton also has a train station situated on the London Waterloo lineA number of popular beaches on the Jurassic Coast, such as Sidmouth and Lyme Regis, are within easy driving distance.
DESCRIPTION - AUCTION GUIDE £50,000
This gently sloping field is in permanent pasture with well fenced mature hedges to most boundaries. Extending to 2.81 acres (1.14 ha) the land has previously been considered by the local council as part of their Strategic Housing Land Availability Assessment (SHLAA 2012) Further details available on the EDDC website.
WAYLEAVES & RIGHTS OF WAY
The property is sold subject to and with the benefit of any wayleave agreement, easement and any public or private rights of way that may affect it. Please see the legal pack for more details.
SERVICES
No mains services connected.
DIRECTIONS
As you come into the heart of the village from Honiton, go past Four Acre Close and the access to the land is immediately on your left.
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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 as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price immediately after the auction.
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. 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
Simon Price - Alletsons Solicitors
8 Castle Street, Bridgwater, Somerset TA6 3DB
01278 411584 - [email protected]
COMPLETION DATE
The completion date will be as dictated by the solicitor and included in the legal pack, shown as 18th January 2023.
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 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 as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price immediately after the auction.
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.
Summary
- Auction end
- 7th Dec at 17:03
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Summary
- Auction end
- 7th Dec at 17:03
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
This property is being sold by:
Stags - Honiton
01404 45885
Bank House66 High Street Honiton Devon EX14 1PS
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Stags Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Stags Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.