**THE LAND HAS BEEN WITHDRAWN FROM THE NOVEMBER AUCTION**
SITUATION
The 2.84 acres of land is situated just to the east of the small village of Wembworthy and 4 miles to the south west of the village of Chawleigh.
DESCRIPTION
An opportunity to purchase 2.84 acres of land which benefits from direct road access off an unnamed country road. The land, down to permanent grassland benefits from a small field shelter in the north eastern corner.
The land is located in a prominent position on the outskirts of Wembworthy village. The land, currently used to graze livestock provides huge opportunity for recreational purposes and alternative uses, subject to planning permission.
SERVICES
No mains water connected.
AUCTION DATE
To be confirmed.
BIDDERS REGISTRATION
Please note ALL BIDDERS, including Kivells existing clients, will need to register with Kivells on the night of the auction in order to comply with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the ‘Regulations’) – as of 26th June 2017.
Bidders will be required to provide one form of Government issued photographic identity and an additional proof of address in the form of another Government issued document or a utility bill addressed to them at their home address, dated within 3 months of the date of the auction. Failure to do this, may prejudice your ability to bid on the night.
ONLINE BIDDING
Online bidding registration will be available 10 days before each auction and all bidders must register at least 48 hours prior to the auction. For further information, please visit or contact your local Kivells office.
BUYERS AUCTION ADMINSTRATION FEE
All successful buyers at Kivells’ Property Auctions should note that on exchange of contracts, a Buyer’s Administration Fee of £2,000 plus VAT (Total: £2,400 inc VAT) is payable to Kivells on the night of the auction. This fee can be paid by either bank transfer, personal cheque or debit card payment.
Please note if the lot is sold prior to auction, or afterwards, these fee’s remain payable. There are no discounts for multiple lots purchased and you must consider this when bidding/offering prior.
CONDITIONS OF SALE
These will not be read out in detail at the auction but will be available for inspection from the seller’s solicitors, online and in the auction room prior to the sale. All interested buyers will be assumed to have acquainted themselves with the conditions of sale.
AUCTION PAYMENT
At the fall of the gaval the contract is legally binding and a 10% deposit (subject to a minimum fee of £5,000) will be required to be paid by the successful bidder. The deposit has to be paid to Kivells as auctioneers and can only be in the form of a cheque or bank transfer.
This deposit is also payable for all lots that are sold prior to auction.
ALL bidders must only bid if they can make this payment.
Cheques must be drawn on a bank or branch of a bank in the United Kingdom, any other cheques may be rejected, and it will be the responsibility of the purchaser to ensure they have the correct method of payment available to each auction.
COMPLETION
Completion of the sale will take place within 28 days of the auction, or earlier by agreement between the parties. On the night of the auction, 10% of the purchase price will fall due as a deposit being used for exchange of contracts along with the buyer’s auction fee.
VENDORS SOLICITORS
Rebecca Cox, Gilbert Stephens LLP, 1 Westward Business Centre, Mill Street, Crediton, Devon, EX17 1HB
GUIDE PRICES
Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.
The reservice price is the minimum price at which the property can be sold, both the guide price and reserve price may be subject to change up to and including the date of the auction.
Please note that all prices listed, whether prior to or post auction, are subject to contract.
The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer’s responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.
The guide price does not include the buyer’s fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller’s Special Conditions of Sale will state whether the other seller’s chargers and whether the seller has elected to charge VAT on the sale price.
LOCAL AUTHORITY
Mid Devon District Council, Phoenix House, Phoenix Lane, Tiverton, Devon, EX16 6PP
VIEWING
Strictly by appointment with the selling agents Kivells at Exeter.
EASEMENTS, WAYLEAVES, RIGHTS OF WAY
The property is offered for sale subject to and with the benefit of all matters contained in or referred to in the Property Charges Register of the registered title, together with all public rights of way, wayleaves, easements, and other rights of way, which cross the property.
BOUNDARIES
Any purchaser shall be deemed to have full knowledge of all boundaries and neither vendor nor the vendor’s agents will be responsible for defining boundaries or the ownership thereof. Should any dispute arise as to the boundaries or any points on the particulars or plans or the interpretation of them, the question shall be referred to the vendor’s agents whose decision acting as the experts shall be final.
TENURE AND POSSESSION
The land at Spekes Cross is available freehold and with vacant possession upon completion.
DIRECTIONS
What Three Words: deed.interests.arch
Post Code: EX18 7QP
CONTACT US
Kivells Exeter
Agent | Ian Caunter
The Matford Centre, Marsh Barton, Exeter