Land for saleLOT 13 - Adj To Crafthole Res, Crafthole, Nr Torpoint, Cornwall
Guide Price* £65,000
A rare opportunity to acquire a lake/reservoir in a picturesque setting on the edge of Crafthole village, itself, located just a mile from Whitsand Beach on the South Cornwall coastline. The site is approx. 1.55 hectares made up of tree and shrub land, pathways and accommodates the reservoir of 0.56 hecatres.
Guide and reserve price
GUIDE PRICE: Where published the guide price is an indication of the seller's current mini-mum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction. RESERVE PRICE: the seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. With this particular auction is has been agreed that the Guide Price and the Reserve Price will be set at the same value to provide the buyer with complete transparency when considering a lot or lots to purchase at the auction. Whilst both the guide price and the reserve price have been set at the same value, in a competitive bidding situation both the Guide Price and Reserve Price are expected to be exceeded
All notes must be read in contect with the legal pack for this lot which will be available to download via a link on bradleys website http://www.bradleys-estate-agents.co.uk/pages/south-west-water-auctions For information on the requirements for owners, please use the link that follows https://www.gov.uk/guidance/reservoirs-owner-and-operator-requirements
The auction will commence at 11:30 on 14th July at The Lakeside Centre, Roadford Lake, Broadwoodwidger, Lifton, Devon PL16 0RL. Registration will be open from 10:00. The legal team will be available from appox. 10am. Please note the legal team will not be available to answer any questions, nor will legal packs be available to view, once the auction commences at 11:30. The venue's cafe will be open for the purchase of light refreshments for those arriving early or staying for the duration of the auction.
A rare opportunity to acquire a lake in a picturesque setting on the edge of Crafthole village, itself, located just a mile from Whitsand Beach on the South Cornwall coastline. The site is approx. 1.55 hectares made up of tree and shrub land, pathways and accommodates the reservoir of 0.56 hectares. Recently the lake has been fished and the buyer of this lot will have access to a private fishing amenity. The site is approached from the village centre via a pretty foot path. Looe 10 miles. Torpoint 5.5 miles. Plymouth (via Torpoint ferry) 9 miles
The current capacity of the reservoir, 15 megalitres, falls below the current reservoirs Act threshold of 25 megalitres. Proposed changes to the Act could see the threshold drop to 10 megalitres, which will mean the Crafthole Reservoir is covered by the Act. There is also vegetation on the downstream embankment that needs to be managed and controlled to ensure the structural integrity of the dam. Regular surveillance will need to be carried out to ensure early warning of conditions leading to a collapse. Please refer to the legal pack and guidance notes.
Cornwall Council, County Hall, Treyew Road, Truro TR1 3AY. 0300 1234100
Legal / technical workshop
To address any queries of a technical or legal nature, the South West Water Legal Team are holding a WORKSHOP DAY ON FRIDAY 30TH JUNE at Lakeside Centre, Roadford Lake, Lifton PL16 0RL from 9:30 - 3:30 Please note local offices will not be able to answer any technical or legal questions on the lots for sale.
1)The Property is to be offered for sale by public auction (unless previously sold) 2) The property is to be offered as a whole as described within these particulars although the right is reserved to alter or amend the proposed lotting 3) Interested parties are strongly advised to contact your local Bradleys Office offering all lots 24 hours before or the day of the auction to confirm the availability of all lots. Bradleys Estate Agents cannot compensate or be held responsible for a wasted journey to the auction venue if the lot(s) they are interested in bidding are withdrawn or sold prior to the auction. 4) All buyers are strongly advised to read the Auction conduct conditions on arrival at the Auction venue. Copies are also available from your local Bradleys Office. 5) Unless otherwise stated this property is being sold based on general conditions and special conditions, which will be found in the legal pack produced by the vendor's solicitor. Please ensure that you hav (truncated)
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Bradleys, Looe on 01503 264888.
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