Land Opposite Cornerways

Auction Pack Now Available! - Approximately 3.45 acres of land with stabling on the edge of Coxpark, with superb riding opportunities. Online Auction 16th March 2023, 3.45 Acres (1.39 Hectares), 3 Stables and Tack Room, Gently Sloping Land, Mains Water, Excellent Riding Out, Direct Road Access, Far-reaching Views.

Method Of Sale - The property will be offered for sale by Online Traditional Auction (unless sold prior.) The end of the online auction is scheduled for Thursday 16th March 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 - Online Property & Land Auctions.

Situation - The land is located in a delightful position, on the edge of the village of Coxpark, enjoying stunning outlooks over the surrounding countryside. The land benefits from easy access to excellent riding out including Greenscoombe Wood, Blanchdown Wood, Kit Hill and the Tamar Valley Trails.

Description - The land totals 3.45 acres (1.39 hectares) and benefits from a custom-built block and timber stable unit on a concrete base, comprising 3 stables and a tack room/feed store. The land slopes very gently and would be suitable for the construction of a sand school (subject to any necessary planning consent).

Services - Metered mains water is connected. An electricity pole with an overhead electricity line is located next to the gateway which may be suitable for connection. Purchasers must satisfy themselves on this point.

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

Directions - From Callington take the A390 towards Gunnislake. Turn left on to the B3257 and take the first right, singed posted Chilsworthy and Latchley. Continue along this road until passing the sign for Coxpark, after a short distance take the left hand turning towards Latchley, after 0.5 miles you will see the land 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.

Legal Pack - This includes the searches, draft contract, deeds/epitome of title, special conditions of sale etc, and is 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. Please note the auction pack will not be available for inspection at Stags offices. Prospective purchasers are strongly advised to inspect the legal documentation and to consult legal advice prior to bidding.

Overage Provision - The land will be subject to an overage provision for 25 years from the date of completion which requires the Purchaser and their successors in title to pay 25% of the uplift in value, triggered by the granting of planning permission for residential/commercial business use. For the avoidance of doubt, planning permission for equestrian, agricultural and horticultural purposes will not trigger the overage. Further information is contained within the legal pack.

Vendors Solicitor - Mr. Ben Mitchell of Parnalls Solicitors, 15 -19 Westgate Street, Launceston. PL15 7AB t: e:

Completion Date - Completion date on or before 31st March 2023

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 £1,200 inc VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.

Definition Of Auction & 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.



Marketed by: Stags, Launceston