St Mawgan Methodist Chapel

METHOD OF SALE

The property is offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Thursday 24th October 2024 at 5.30pm.

The Vendor reserves the right to alter the lot prior to the auction end date.

SITUATION

The Methodist Chapel is situated in the heart of the attractive village of St Mawgan in the Vale of Lanherne.

TOWN & COUNTRY PLANNING

Detailed Planning Permission was granted by Cornwall Council on 9th February 2024 (No. PA23/08535) for the conversion of the existing Methodist Chapel into a two bedroom dwelling. Copies of the relevant Planning Decision Notice and associated drawings are available on request from Stags’ Truro office or can be viewed online at [email protected]. There is an Community Infrastructure Charge.

DESCRIPTION - AUCTION GUIDE £150,000-£175,000

The property comprises an attached stone and slate Methodist Chapel which carries the benefit of a current planning permission for the conversion of the same to create a residence.

Attached is a floor plan for identification purposes only showing the accommodation layout of the planning permission – for which the design is in keeping with the original character of this distinctive building.

Outside is a small triangular area of space.

SERVICES

Mains electricity is connected. Mains water and drainage are believed to be located in the adjacent road (please see the South West Water Plc Water and Drainage Search contained within the auction legal pack). None of the services have been checked or tested. Interested parties are advised to make their own enquiries and investigations as to the availability of services.

PHOTOGRAPHS

Please note that the attached photographs were taken in 2023.

PROOF OF IDENTITY

Under 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 AND 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 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 amount paid online) within 48 hours of the end of the 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 payment is to be made via the Buyer’s solicitor to the Vendor’s solicitor. We therefore recommend that all bidders clear Anti Money Laundering Regulations with their solicitor prior to the auction and make the balance of the deposit monies readily available for transfer immediately thereafter.

LEGAL PACK

A copy 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 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 which may/will contain material information regarding property and to consult legal advice prior to bidding.

SOLICTOR ACTING

Mohamed Karim - Anthony Collins Solicitor, 134 Edmund St, Birmingham B3 2ES.

Telephone 0121 200 3242 Email [email protected]

TENURE AND POSSESSION

Freehold with vacant possession. Sold as seen. The completion date will be as dictated by the auction legal pack.

VIEWING

Strictly and only by prior appointment with Stags’ Truro office on 01872 264488. Please note that viewings will be at specified times.

DIRECTIONS

From the Falcon Inn in St Mawgan, drive past the church on the left, go over the bridge and St Mawgan Methodist Chapel will be seen on the left-hand side after about a further 70 yards.

DEFINITION OF AUCTION GUIDE AND RESERVE

Guide Price is an indication of the Seller’s expectation. Reserve Price is a figure below which the auctioneer cannot sell the lots at auction. We expect the reserve to be set within the guide range. 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.

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 AND 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 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 amount paid online) within 48 hours of the end of the 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 payment is to be made via the Buyer’s solicitor to the Vendor’s solicitor. We therefore recommend that all bidders clear Anti Money Laundering Regulations with their solicitor prior to the auction and make the balance of the deposit monies readily available for transfer immediately thereafter.