Cheethams Yard

Exeter, Devon, EX4 5BP

Guide Price

£125,000

  • Status: FOR SALE SOLD UNDER OFFER
  • First Marketed: Apr 2022
  • Removed: Date Not Available
  • 2.91 acres

Residential Tags: N/A

Property Tags: Sale By Auction, Smallholding

Land Tags: Overage / Clawback, Pasture Land, Woodland

Summary Details

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  • First Marketed: Apr 2022
  • Removed: Date Not Available
  • Residential Tags: N/A
  • Property Tags: Sale By Auction, Smallholding
  • Land Tags: Overage / Clawback, Pasture Land, Woodland
A smallholding with stables, pasture and woodland located on the doorstep of Exeter City

Method Of Sale - The property will be offered for sale by Online Auction (unless sold prior). The auction end date is 5pm on Tuesday 3rd May 2022. 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 - Online Property & Land Auctions.

Situation - Cheethams Yard is situated less than 1 mile North of Exeter City which hosts a wealth of amenities, services, developments and facilities.
The stables sit amongst land which is highly sought after, being close to the city and open countryside.

Introduction: Auction Guide £125,000 - £150,000 - Cheethams Yard comprises 2.91 acres of land and 2 sets of stables.
Structures include a set of concrete block stables (about 17m x 3.5m) and a set of timber stables (about 9.5m x 4m).
The land is divided into enclosures of gently sloping pasture with a section of mature deciduous woodland to the South.
Views from the land are far-reaching, overlooking Exeter and further South towards Haldon Forest.

Services - No services connected

Access - Access to the public highway (Wrefords Lane) to the North by Belle Vue Road.

Tenure And Possession - The land is freehold and is available with vacant possession on completion.

Local Authority - Exeter City Council -

Sporting And Mineral Rights - The sporting and mineral rights insofar as they are owned are included with the freehold.

Wayleaves & Rights Of Way - The property is sold subject to and with the benefit of any wayleave agreement and any public or private rights of way that may affect it.

Right of Access - The land benefits from a right of access over Belle Vue Private Road.

Plans & Boundary Fences - A plan which is not to scale, is included with these sale particulars for identification purposes only. The vendor shall not be called upon to define the ownership of boundary fences.

Fencing - The purchaser will be responsible for erecting a boundary fence between points A and B to a pre-determined specification within 6 months of completion. A wildlife gate will form part of the fence at point "G".

Uplift Clause - The existing overage runs until 16 July 2033. If residential planning permission is obtained then a payment equivalent to 1/3rd of the increased value of the land becomes due, payable upon implementation of the permission. Full details are in the transfer dated 17 July 2013, which is in the auction pack.

Completion Date - The completion date will be 28 days after the auction or as dictated by the solicitor.

Definition Of Auction 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 prices may change at any time prior to the auction.

Buyers & Administration Fee - Traditional Online - The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a 'buyers 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 including VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.

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 administration.

Auction Legal Pack - This includes the searches, draft contract, deeds/epitome of title, special conditions of sale etc., and is available to download free of charge to those who have registered, from our auction partners website ( is the purchasers responsibility to make all necessary enquiries prior to the auction. Further information about buyer's fees are available on Stags website.

Vendors Solicitor - Stephens Scown LLP
Curzon House
Southernhay West
Exeter
Devon
EX1 1RS
Attn Mr Tom Graham
DD:
Email: t.

Viewing - Strictly by appointment only. Please contact Stags Farm Agency on .

Warning - Farms and land can be dangerous places. Please take care when viewing the property, particularly in the vicinity of farm buildings and livestock.

Directions - From Exeter hear North to Cowley Bridge roundabout and take the 3rd exit up Wrefords Drive. Continue along Wrefords Lane for just over 0.5 miles before turning right onto Belle Vue Road. Cheethams Yard is on the immediate left.



Marketed by: Stags Farm Agency, Exeter

Land Registry Data

  • No historical data found.
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