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Teignmouth

Guide Price
£150,000
Stags, Exeter
PROPERTY TYPE

Land

SIZE

257,440 sq ft

23,917 sq m

Key features

  • For sale by Online Auction
  • Auction end date Wednesday 22nd October at 5pm
  • Auction range £150,000 - £250,000
  • Direct access to public highway
  • Close to Teignmouth
  • About 5.91 acres

Description

A single parcel of about 5.91 acres

Method Of Sale - The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Wednesday 22nd October. 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 - The land is situated west of Teignmouth, about 1.3 miles from the town centre and 4 miles east of the A380 which provides access north to Exeter and south to Newton Abbot. Teignmouth is a popular seaside town with a range of local amenities to support a buoyant coastal community.

Introduction: Auction Guide £150,000 - £250,000 - The land extends to about 5.91 acres and comprises a single, gently sloping field. The land is located in a strategic position close to Teignmouth adjoining residential development to the east.

In recent years the land has been use for arable and grass cropping.

Planning - Within Teignbridge Local Plan 2013 - 2033 - The land is located within Undeveloped Coast Policy EN2 and County Wildlife Site Policy EN9. The land adjoins Teignmouth Settlement Limit policy S21 - A.

Services - No services connected. A SWW trunk main runs along Headway Cross Road, see legal pack for further details.

Access - The land is accessed of the public highway.

Tenure And Possession - Freehold and is available with vacant possession on completion.

Local Authority - Teignbridge District 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.

The property will have the benefit of a right to install a water pipe under the adjoining land to the south to connect into the water main in Headway Cross Road and will be subject to a right for the seller’s retained land to the north to install a water pipe under the property to connect into the water main in Headway Cross Road. The property will benefit from and be subject to reciprocal surface water drainage rights with adjoining land. Further details in the legal pack.

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.
Where known, boundary ownership is indicated.

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.

Buyers & Administration Fees - 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 inc VAT will be payable by the successful purchaser immediately after the auction.

Deposit Payment - The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly.
The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.
The Seller’s solicitor will only accept payments from the Buyer’s solicitor and not from the Buyer direct. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly.

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, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.

Vendors Solicitor - Nigel Coveney Stephens Scown LLP
Curzon House, Southernhay West, Exeter, Devon EX1 1RS
N.

Completion Date - The completion date will be 20 working days (not including weekends or Bank Holidays) 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.

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.

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 the Kingsteignton junction of the A380 take the Teignmouth Road east. After reaching Teignmouth, take the left turn on to Mill Lane and continue north until the cross road. Cross straight over and find the land immediately on the right hand side. What3words///baseline.landowner.legend

Disclaimer - These particulars are a guide only and are not to be relied upon for any purpose.

Brochures

Teignmouth

Energy Performance Certificates

EE RatingEI Rating

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Teignmouth Station1.1 miles
  • Dawlish Station2.8 miles
  • Newton Abbot Station4.1 miles
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About Stags, Exeter

21 Southernhay West, Exeter, EX1 1PR
Industry affiliations:

Stags Farm Agency ranks as one of the top specialist farm departments in the UK. The department consists of ten dedicated, fully qualified Chartered Surveyors and farm agents, operating throughout the South West via Stags established network of 21 strategically situated offices, including a central base at Exeter.

Focusing solely on the sale of farms and land, Stags Farm Agency staff offer prospective vendors and purchasers a combination of in-depth local knowledge and professional expertise, which enables them to deliver exceptional advice. By working alongside Stags other rural departments, including residential property, professional services and livestock sales/auctions, the farm agency team can draw on their colleagues' specialist knowledge, creating a complete package of skills.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 34155822. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stags, Exeter. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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 Stags, Exeter on 01392 321741.

*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.”

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