Description
AUCTION GUIDE £25,000 to £50,000. A small area of land near to Fremington Quay and overlooking the Fremington Pill (River). 0.08 acres (0.03 hectares). Direct road access. For sale by traditional online auction. FREEHOLD.
Method Of Sale - The property is offered for sale by Traditional Online Auction (unless sold prior.) The auction ends on Thursday 30th January 2025 at 5:00 pm. The vendor reserves the right to withdraw, sell or alter the land for sale prior to the auction end date.
Situation - The land is situated in an appealing and accessible location on the road between Fremington and Fremington Quay and within easy reach of Barnstaple's town centre.
Fremington Quay (0.6 miles) is on the River Taw Estuary and has a cafe and access to the Tarka Trail for cycling and walking between Barnstaple and Instow. The centre of Fremington village is 0.6 miles to the south-west and Barnstaple's town centre is within 2.6 miles of the land.
Description - AUCTION GUIDE £25,000 to £50,000.
The land comprises a small enclosure which overlooks the Fremington Pill (River) and totals approximately 0.08 acres (0.03 hectares.) The land has been used for horticultural purposes in recent years and whilst a little overgrown at present, could also be suitable for a market garden or for camping for up to 60 days per year.
Access - There is direct access to the land from the adjoining public highway.
Services - There are no services connected to the land.
Tenure - The land is owned freehold and is registered on the Land Registry.
Designations - The land is in Flood Zone 3 (based on the Environment Agency flood map) and is within a Nitrate Vulnerable Zone (NVZ)
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.
There are no public rights of way passing across the land. There is a right of soakaway over the land from neighbouring properties to the east.
Plans & Boundary Fences - A plan which is not to scale, is included with these sale particulars for identification purposes only.
Local Authority - North Devon District Council.
Viewing - Please contact Stags to arrange a viewing appointment. Tel: 01271 322833. Email: farms@stags.co.uk
Directions - From the Cedars Roundabout to the south-west of Barnstaple, proceed west towards Bickington and Fremington on Bickington Road. Continue for approximately one mile and turn right signed towards Fremington Quay.
The land will be found on the right after approximately 0.1 miles.
There is a public area for parking on the right hand side after approximately 100 yards. Please park here for viewings.
What3words - Reference/// deeds.tidal.broadens
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.
Solicitor Acting - Brewer Harding & Rowe Solicitors. Contact: Mr Toby Barnes.
Completion Date - The completion date will be 28 days after the auction or as stated within the legal pack.
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 pay the sum of £5,000 at the end of the auction. From this a buyer's fee of £2,400 (inc VAT) is retained by Stags/Bamboo as a contribution towards the online platform costs, and £2,600 is payable towards the deposit.
An additional administration fee of £600 (inc VAT) will be payable by the successful purchaser immediately after the auction.
Deposit Payment - The Seller and Buyer agree that the Buyer 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 to be transferred to the buyer's solicitors and must be in their client account with 48 hours of the auction ending. It is essential that buyers instruct their solicitor in advance of the auction.
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. 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.
