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Land at West Park, Yarnscombe, Barnstaple EX31 3LZ

Lot no: 99 Withdrawn Post for £160,000
 

Guide Price £160,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 27th July 2023

10.00am
Key Features
  • Parcel of land
  • Thought suitable for development(subject to planning consents)
  • Close proximity to transport links
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Withdrawn Post for £160,000

Land

Property Description:

A freehold parcel of land with development potential subject to planning. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

The land is situated off the B3232 between Huntshaw Cross and Alverdiscott. The towns of Barnstaple and Bideford lie approximately eight miles to the north and approximately seven miles to the west respectively and offer a broad range of shopping and leisure facilities. Road links include the A386, A39, A377 and A361.

Services are believed to be available within the vicinity of the site, however, interested parties should independently satisfy themselves as to the availability and suitability of any services for their Specific requirement.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

We are advised that VAT will not be chargeable on this transaction.

Note

Please be advised that the lot is being sold by receivers who have no personal knowledge of the property, and are therefore not in a position to respond to queries, and we are asked not to submit preliminary enquiries. The auctioneers have likewise not personally inspected the property. Prospective buyers are directed to clause 39 in the special conditions regarding occupancy, and are advised to make a viewing enquiry and undertake any other necessary independent investigations before placing their bid, as this will be binding.

Tenure:

Freehold. See legal pack.



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.