Land for sale

26.21 acres of attractive pasture in a tranquil position within 2 miles of the coast. Available In 3 lots, sea views, close to popular surfing beaches, road & stream frontage, suitable for grazing or camping.

Method Of Sale - The property will be offered for sale by Online Traditional Auction. The end of the online auction is scheduled for 21st September 6pm 2021. 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 situated in an Area of Outstanding Natural Beauty, just under 5 miles from the popular tourist resort of Boscastle. It sits on the side of a peaceful valley and is accessed off a quiet lane. The spectacular North Cornish coast with its magnificent coastal walks and some of the finest surfing beaches in the country, is just 2 miles to the north west. The land has a south westerly aspect and enjoys fabulous, far reaching views over the Cornish countryside with distant sea views as far as Lundy Island on a clear day . The land is classified as Grade III on the Agricultural Land Classification Maps.

Description - The land comprises 26.21 acres of pasture with generally stock-proof Cornish hedge boundaries providing good shade and shelter. The land is available in three lots as follows:
 
Lot 1: 4.99 acres in a single field - Guide: £40,000 - £60,000
 
Lot 2: 8.98 acres in 2 fields - Guide: £60,000 - £80,000

Lot 3: 12.24 acres in 3 fields - Guide: £80,000 - £120,000
 
Each lot has its own private access and Lot 3 has 3 accesses that could facilitate selling off surplus land at premium prices. All accesses are direct off the lane that links the hamlet of Pencuke to the B3263. Each lot slope from the road down to a stream that forms its western boundary.

Services - The land is naturally watered from the stream that runs along the western boundary of all 3 lots. Lot 3 has been allocated the existing mains water supply. There is a mains supply available for connection, in the road frontage alongside Lots 1 and 3. Lot 2 has rights granted to bring a new pipeline under Lots 1 and 3 if desired. Overhead mains electricity lines cross each lot. Purchasers must satisfy themselves on these points. (A drainage search is included within the Legal Pack).

Wayleaves And Rights Of Way - The land is sold subject to and with the benefit of any Wayleave Agreements in respect of any electricity or telephone equipment crossing the property, together with any restrictive covenants or public or private rights of way. There are no footpaths or bridleways shown on the Ordnance Survey Plan that cross the property.

Agricultural Subsidy Schemes - There are no agricultural subsidy entitlements included within the sale nor is any of the land entered into any environmental schemes.

Local Authority - Cornwall Council, County Hall, Treyew Road, Truro, Cornwall, TR1 3AY, T: .

Tenure & Completion - The property is sold freehold with vacant possession on completion 6 weeks after the auction, or earlier by agreement.

Buyers & Administration Fee - The successful purchaser of each lot 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/deposit.

An additional "administration" fee of £600 including VAT will be payable by the successful purchaser of each lot, immediately after the auction. This will be separately invoiced by Stags. The purchasers shall equally between them also reimburse the vendor the cost of the searches carried out.

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.

Vendor's Solicitors - Stephen Morrison, Thurstan Hoskin Solicitors, Chynoweth, Chapel Street, Redruth, Cornwall, TR15 2BY. Tel Fax

Auction 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. Due to Covid precautions we are not making it available for inspection at Stags offices Prospective purchasers are strongly advised to inspect the legal documentation and to consult legal advice prior to bidding.

Definition Of Guide 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.
-Guide price(s) may change at any time prior to the Auction.

Viewing - Viewing of the property is strictly by prior appointment through the vendor's appointed agents, Stags Launceston Office.

Directions - From the junction of the A395 and A39 at Davidstow (near the Davidstow Creamery), turn right and proceed in a northerly direction along the A39. After 4.7 miles turn left onto the B3263 towards Boscastle and Crackington Haven. Proceed for approximately 850 metres and take the first turning right signposted Pencuke. The main gate into Lot 3 is the first gateway on the left. The 4th and 5th gateways lead into Lot 1 and 2 respectively. A For Sale board has been erected beside the road junction and on the gates into each lot.



Marketed by: Stags, Launceston