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Land for sale

Uzella Park, Lostwithiel, Cornwall, PL22

Guide Price* £20,000
3.7 ac.

Property Description

Commercial information

  • 3.7 acres (1.5 hectares)

Key features

  • *Auction 21 November 2017
  • Guide: 20,000 - 40,000 Per Lot
  • Amenity Woodland & Pasture
  • Long Term Development Potential
  • Generous Road Frontage
  • North Western Edge of Village
  • Stream Frontage
  • Available In 2 Lots
  • 3.71 Acres In All

Full description

Strategically located amenity land with possible development potential. Auction 21 November. Generous road & stream frontage. Edge of well serviced village. Available in 2 Lots Each guided at £20,000 - £40,000. 3.71 Acres.

Situation - The land is a horse shoe shape with two sections of road frontage onto the B3268 along its south western boundary. The land lies in a strategic position on the north west edge of the popular and well serviced town of Lostwithiel, which provides a wide range of shopping, education and leisure amenities and boasts a branch line train station. The land slopes (quite steeply in places) to the south and lies approximately 40 - 70 metres above sea level. Lostwithiel lies just 5 miles to the south of the Bodmin junction of the A30, which provides dual carriageway access between the Cathedral cities of Exeter and Truro.

Description - The land is offered for sale by public auction in 2 lots as follows:
 
Lot 1: 2.17 Acres - Guide: £20,000 - £40,000
 
Lot 2: 1.54 Acres - Guide: £20,000 - £40,000
 
Both lots enjoy generous road frontage and their own separate, existing access onto the road. Lot 2 is slightly more open pasture, whilst Lot 1 has more woodland. If desired, and subject to obtaining any necessary consents, both lots could be landscaped to form an attractive lake or pond beside the stream. Having been managed extensively for a number of years, both lots provide a habitat for a varied range of wild birds and wildlife. The land is located in a generally peaceful valley with birdsong and the babbling stream being all one can hear, despite being close to the centre of this bustling town. The land offers an opportunity for investors looking to enjoy some amenity land with potential in the future for perhaps a single dwelling near the outbuildings in Lot 1 or perhaps a more comprehensive development in the long term. Purchasers must satisfy themselves on this point in particular.

Services - There are no mains services currently connected. Further information about the location of mains water is available within the drainage search in the legal pack.

Development Claw Back - A development claw back clause will be included within the contract requiring the purchaser to pay 25% of any uplift in value if planning consent is obtained for residential development on the property within 21 years from completion.

Sporting And Mineral Rights - The sporting and mineral rights, such as are owned, are included within the sale.

Wayleaves, Covenants 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 restrictive covenants limiting the use of the property and there are no footpaths or bridleways shown on the Ordnance Survey Plan that cross the property.

Plans And Boundary Fences - A plan, which is not to be relied upon, can be found on the back page of these sale particulars. Purchasers must satisfy themselves from inspection or otherwise as to its accuracy. Within 2 months of completion, the purchaser of Lot 2 shall erect a stock-proof fence along the new boundary between Lots 1 and 2.

Grant Schemes - The land has not been entered into any agricultural or environmental grant schemes.

Local Authority - Cornwall Council, County Hall, Treyew Road, Truro, Cornwall, TR1 3AY. T: 0300 1234100, www.cornwall.gov.uk.

Method Of Sale - The land is to be offered for sale by Public Auction at 6.00 pm on Tuesday 21st November 2017 at Lanhydrock Hotel and Golf Club, Lostwithiel Road, Bodmin, Cornwall, PL30 5AQ. The land /property will be sold subject to an undisclosed reserve and the vendor/s reserves the right for the auctioneer to bid in the usual way on their behalf up to the reserve. The vendors also reserve the right to sell all or part of the property prior to the auction.
 
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 an auction, therefore there will be a requirement for the bidder to provide two forms of identification at the auction, consisting of a photo identification, such as a passport or current driving licence and secondly proof of address, such as a recent utility bill or bank statement.

Vendor's Solicitors - Coodes, Elizabeth House, Castle Street, Truro, Cornwall, TR1 3AP, FAO: Mr Mark Bailey, T: 01872 246200, E: mark.bailey@coodes.co.uk

Auction Legal Pack - This includes the searches, draft contract, deeds/epitome of title, special conditions of sale etc, and is available for purchase for £30 including VAT from the vendors' solicitors. Alternatively, it can be inspected free of charge by appointment at Stags Truro Office. It is the purchaser's responsibility to make all the necessary enquiries prior to the Auction.

Tenure - Freehold with vacant possession on completion on 5th January 2018.

Viewing - Viewing of the property is strictly by prior appointment with the vendor's appointed agents, Stags Truro Office. If parking on the side of the road, please take extreme care of traffic. A path has been cut through the undergrowth to enable viewers to walk round Lot 1 into Lot 2 and back onto the road.

Directions - From the A30 from Truro heading eastbound, come off the A30 and head towards Liskeard along the A38. At the first roundabout, take the 3rd exit and proceed past the entrance to Lanhydrock. At the mini roundabout take the 1st exit towards Lostwithiel. After just over a mile, take the 2nd turning on the left onto the B3268 and stay on this road. The land shall be found on the left hand side immediately before you start to enter the built up part of Lostwithiel. We suggest viewers park on the lower side of the gateway into Lot 1, where the road is a little wider.

*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 prices may change at any time prior to the auction.

    These particulars are a guide only and should not be relied upon for any purpose.


    More information from this agent

    Listing History

    Added on Rightmove:
    19 October 2017

    Floorplans

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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 Stags, Truro on 01872 264488.


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