Road Through Fairmile, Fairmile

Auction Guide £30,000

Gently sloping 1.33 acre paddock running down to the River Tale

METHOD OF SALE
The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Tuesday 4th August 4.30 pm.
The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. The auction listing can be found on the auction tab of our website.

SITUATION
Positioned in an accessible location just north of Fairmile on the road towards Escot and Talaton the land has a gate to the road.

The village of Talaton to the north has a strong community centre with a church, village shop, parish hall and pub. The neighbouring village of Feniton also offers a range of facilities including a primary school and a train station situated on the London Waterloo line. Ottery St. Mary is situated a short distance to the south and ensures that this property falls into The King's School catchment area.

DESCRIPTION
Extending to about 1.33 acres (0.54 ha) the gently sloping land is partly fenced with post and rails with several mature trees and amenity areas, running down to River Tale on the eastern boundary.

MINERAL RIGHTS
Please note, in common with much of the former Escot Estate, the mineral rights have been historically retained and are not included.

SERVICES
None connected. It is understood mains water runs down the road. Ultra fast broadband in the area, but not connected, mobile coverage good outside (Ofcom).

WHAT 3 WORDS LOCATION
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VIEWINGS
Viewings are strictly by appointment only with Stags. We advise all viewers to take extra care when viewing the land.

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 registration.

BUYERS & ADMINISTRATION FEES
The successful purchaser(s) will be liable to pay the Buyers Fee and Administration Fee, collected by Bamboo Proptech immediately post auction.
Buyers Fee - £2,400 inc VAT (retained by Stags/Bamboo Proptech as a contribution towards the online platform costs.)
Additional Administration Fee - £1,200 inc VAT.

DEPOSIT
Where stated on the property listing, you agree that Bamboo may pre-authorise your card for the amount of the Buyer's fee and 10% Deposit. You will only be charged if you are the winning buyer. We will release the pre-authorisation at the end of the auction. Your card issuer may take up to 10 working days for this amount to be available to you in your account.

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 Proptech 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.

SOLICITOR ACTING
Mr G Bowen, Vine Orchards

COMPLETION
The completion date will be as dictated by the solicitor and included in the legal pack.

DEFINITION OF AUCTION GUIDE & 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 or no more than 10% above a single figure guide. 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.

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