Two Building Plots - Combe Martin

METHOD OF SALE 

The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Wednesday 10th May 2023 at 4pm.

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 

The site occupies an elevated position in one of the most sought after lanes in Combe Martin and commands fine views to open countryside and beyond yet is within walking distance of a local garage/super market. The centre of the village and sea front are within about 5 minutes by car where there is a good range of shops, amenities, primary school, post office, health centre, restaurants and public houses. At the same time the site is close to the fringes of Exmoor National Park. Combe Martin is well known for its striking and rugged cliffs and coves situated on the dramatic North Devon Coast Line. 

A regular bus services provides access to Braunton, Ilfracombe, Minehead and the Regional Centre of Barnstaple, which is about 11 miles to the south and offers the area’s main business, commercial, leisure and shopping venues as well as North Devon District Hospital. At Barnstaple there is access to the A361 North Devon Link road which leads on to Junction 27 of the M5 Motorway in about 45 minutes, and where Tiverton Parkway offers a fast service of trains to London Paddington in just over 2 hours. North Devon’s famous surfing beaches at Croyde, Putsborough, Saunton (also with championship golf course) are less than half an hour by car. 

DESCRIPTION - AUCTION GUIDE £100,000 - £130,000

This is approximately a third of an acre of fairly steep hillside land which is lightly wooded and is bounded from the lane by stone wall with the land rising above. 

PLANNING PERMISSON 

Outline planning permission was granted on the 8th February 2021 by North Devon Council under planning reference 70985 for the erection of 2 detached dwellings with garages and turning areas. All the relevant documentation plans etc can be viewed on the planning portal. 

The vendors have had preliminary drawings prepared for 2 four bedroom detached houses with the following proposed accommodation within each. Basement, Ground Floor incorporating HALL, SITTING ROOM, DINING ROOM, KITCHEN, UTILITY ROOM and CLOAKROOM. First Floor FOUR BEDROOMS and BATHROOM. Each plot would have a good sized rear garden. 

SERVICES 

All mains services are understood to be available nearby. 

VIEWINGS 

Prospective purchasers are advised that they may need a short ladder to access the site from the lane.

DIRECTIONS 

Heading into Combe Martin from Ilfracombe, pass the beach and carry on up the High Street for around 1 ½ miles. Towards the end and then just after the service station on your right, turn left onto Buzzacott Lane, continue where the site will be found after about 1/3 of a mile on the left hand side identified by our for sale board. 

PROOF OF INDENTITY

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 & 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.

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.

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

Toby Barnes - Brewer, Harding & Rowe

1 The Square, Barnstaple, Devon. EX32 8LS

01271340667

toby.barnesbhrlaw.co.uk

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 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.

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.

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.