Penally, Tenby

FOR SALE BY MODERN METHOD OF AUCTION

An opportunity to acquire a parcel of 7.834 acres of pasture land situated in Penally which lies just over a mile from Tenby. There are spectacular views from the land towards Caldey Island, Giltar Point and Tenby. The charming village of Penally has easy access to the sea, making it a popular spot with visitors.

Penally lies just over a mile from Tenby in the county of Pembrokeshire, South West Wales. The charming village has easy access to the sea, making it a popular spot with visitors, and there are spectacular views from the village towards Caldey Island, Giltar Point and Tenby. In the heart of the village you will find Penally Abbey a luxurious Hotel and Restaurant that boasts historic charm and an experience of elegance.

Auctioneers Comments - This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

VIEWING: By appointment only via the Agents.
TENURE: We are advised Freehold
SERVICES: We have not checked or tested any of the services or appliances at the property.
COUNCIL TAX: Band N/A

ref: ESL / LLT / 05 / 26/DRAFT
TAKEONOK/20/05/26/LLE

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