South View Barns, Porthtowan - Lot 2

METHOD OF SALE
The property will be offered for sale by Online Traditional auction (unless sold prior.) The auction end date is Tuesday 11th October 2022 - Lot 2 at 5.15pm and Lot 1 at 3:30pm.
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
On the edge of Porthtowan at the end of Jollys Lane. The north
coast is a short walking distance to the north.
DESCRIPTION LOT 2 - AUCTION GUIDE £140,000
Prior Approval was granted by Cornwall Council on
4.4.2022 (PA21/11472) under Class Q, Part 3 of Schedule ll of
the Town and Country Planning (General Permitted
Development) (England) Order 2015 for the conversion of the
building to create a three-bedroom single storey residential
dwelling. The Barn extends to c1,219 sq ft (gea) and outside
are car parking areas and a good-sized garden area.
LOT 1 - AUCTION GUIDE £150,000
Detailed Planning Permission was granted by Cornwall
Council on 14th April 2022 (PA21/11470) for the conversion of
the single storey and two storey barns to residential dwellings.
Barn 1 is a two storey traditional stone barn under a slate roof
and the permission allows for conversion to create a one-bedroom dwelling – although it is considered there may be
potential to create a 2nd Bedroom subject to all necessary
consents. Building 1 extends to c.1,076 sq ft (gea.)
Barn 2 is a long single storey traditional barn in a poor state of repair and the consent is for conversion to create a three-bedroom
detached residence. In total Building 2 extends to c.1,388 sq ft
(gea).
Outside are areas for parking and creating gardens.
AUCTION 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.
SOLICITORS
Thurstan Hoskin Solicitors - FAO: Mr S Morrison
Chapel Street, Redruth, Cornwall, TR15 2BY.
Telephone 01209 213646.
Email: [email protected]
NO COMMUNITY INFRASTRUCTURE LEVY
There will be no Community Infrastructure Levys’ on either lot.
BOUNDARIES – PLAN FOR IDENTIFICATION PURPOSES ONLY
Lot 2 - will be required to erect a boundary of posts, sheep
netting and two rails between points F, K and M within 2
months of completion, and a 6’ high above ground level hit and
miss timber fence between points M and P by 1st May 2023.
Lot 1 – will be required to erect a boundary of posts and two
rails between points A, B, C, D and F and G and between
points G, H and J, and a hit and miss timber fence 6’ high
above ground level to within two months of completion.
SERVICES
Water distribution main in Jollys Lane adjacent to Lot 1.
Electricity pole situated on retained land c.80 yards to the west.
It is envisaged that the private drainage systems for Lots 1 and
2 will be installed and laid within the grounds/boundaries of
each lot.
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.
COVENANT – LOT 1
The purchaser of Lot 1 will covenant to install and retain opaque/obscure glazed windows on the first floor of the south
west elevation of Barn 1.
TEMPORARY RIGHT OF WAY AND STORAGE
Where necessary, Lots 1 and 2 will be granted a temporary right of way over neighbouring retained land to bring building materials to site and store building materials on an adjacent parcel of land up until 1st May 2023. Lots 1 and 2 to be responsible for insuring their own materials and belongings.
COMPLETION DATE AND SOLD AS SEEN
The completion dates will be as dictated by the legal packs.
Lots 1 and 2 will be sold as seen.
PROOF OF IDENTITY
Under Money Laundering Regulations 2007, it is a requirement
for Estate Agents to perform due diligence checks to any
person that intends to bid at auction. There is a requirement for
all bidders to register via the online sale site and complete the
ID checks. There is no charge for registration.
BUYER’S AND ADMINISTRATIVE 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. This will be separately invoiced by Stags.
VIEWING
Only by prior appointment with Stags’ Truro office on 01872 264488. Please note that viewings will be at specified times.
DIRECTIONS
From the car park in Porthtowan, turn left and drive away from
the beach. At the T junction, turn right, drive up the hill for about
300 yards, bear right into Forthvean Road and after about 50
yards, turn sharp right into Jollys Lane. Follow the lane to the left
and continue up the hill until seeing the barns on the left.
DEFINITION OF AUCTION GUIDE AND RESERVE PRICE
Guide Price(s) is an indication of the Seller’s expectation.
Reserve Price(s) is a figure below which the auctioneer cannot
sell the Lots at auction. We expect the reserve to be no higher
than 10% above the 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.

BUYER’S AND ADMINISTRATIVE 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. This will be separately invoiced by Stags.