Trewint, Altarnun PL15
17 acres (6.9 hectares)
Asking price
£55,000
A parcel of former quarry land, now restored to a wetland wildlife habitat, with potential for a variety of different uses. In total 16.98 acres (6.87 hectares). For sale by online auction.
A parcel of former quarry land, now restored to a wetland wildlife habitat, with potential for a variety of different uses. For sale by Traditional Online Auction.
PROPERTY
The land at Trewint Marsh comprises approximately 16.98 acres of wetland interspersed with ponds or varying sizes and wooded areas.
The site has historically been used for quarrying purposes and as such benefits from good access being located immediately off the A30. Not used for such purposes for over 15 years and the site restored to a wetland habitat, it now offers potential for various other uses, the most obvious being for high quality conservation or recreation, or by virtue of its location, for uses that might be more commercial in their nature (subject to obtaining any necessary consents).
METHOD OF SALE
The land is offered for sale by Traditional Online Auction at a guide price of £55,000 - £75,000. The auction will conclude at 12:00pm on Wednesday 18th September 2024.
The property will be sold subject to an undisclosed reserve price and the vendor/s reserve the right for the auctioneer to bid in the usual way on their behalf up to the reserve. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.
For further information, to register to bid and to review the auction pack, visit: www.carterjonas.co.uk/property-auctions
DEFINITION OF GUIDE PRICE & RESERVE PRICE
Guide Price - An indication of the seller’s expectation.
Reserve Price - The minimum price at which the auctioneer is authorised to sell the lot at auction. The auctioneer is not authorised to sell at a figure below the reserve price.
The reserve will be set within the guide price range, or where applicable at no more than 10% above or below a single guide figure.
Both the guide price and the reserve price are subject to change. Potential purchasers should ensure that they register their interest in the property and regularly check for updated information regarding the property, including changes to the guide price.
REGISTRATION & PROOF OF IDENTITY
In order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, it is a requirement for all Estate Agents to perform due diligence checks on any person intending to bid at auction. Therefore, all interested parties will need to register via the online auction platform (Bamboo), complete ID checks and provide other information before they are able to place a bid.
AUCTION LEGAL PACK
The legal pack includes documents such as the draft contract, transfer, searches, deeds/epitome of title and the special conditions of sale. Interested parties will need to register with the online auction platform (Bamboo) to be able to download the legal pack free of charge. 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 take legal advice prior to bidding.
BUYER'S FEE
The successful purchaser/s will be liable to pay the sum of £5,000 immediately after the auction ends. From this a buyer’s fee of £3,600 (inc VAT) is retained by Carter Jonas and Bamboo Auctions as a contribution towards the online platform costs, and £1,400 forms part of the 10% contract deposit (the Holding Deposit).
DEPOSIT PAYMENT
Exchange of contracts will take place upon the conclusion of the auction and the purchaser will be legally obliged to pay 10% of the purchase price as a deposit. The Seller and Buyer agree that the winning Bidder will transfer the remainder of the 10% deposit (less the holding deposit amount paid online via the Bamboo Platform immediately after the auction end) by 12pm the next working day after the auction ends, in line with the Holding Deposit Agreement contained within the legal pack. The remainder of the 10% deposit payment is handled by the buyer’s solicitors and sent directly to the sellers’ solicitor. Therefore, it is essential that you instruct your solicitor in advance of the auction. The remaining balance of the purchase price will be paid on completion of the sale.
ADDITIONAL COSTS
The purchaser will also be required to reimburse the vendor for search fees, details of which are available in the auction pack.
TENURE & POSSESSION
Freehold with vacant possession upon completion 4 weeks after the auction, or earlier by agreement.
ENVIRONMENTAL SCHEMES
The land is not currently entered into any environmental schemes but may offer the opportunity to do so.
PLANNING
Planning permissions for extraction of aggregate, minerals, tin and wolfram were granted in November 1997 and continue until 21st February 2042. The site is now dormant and has been reinstated to a wetland habitat. A monitoring report dated 26th October 2011 can be provided by the agent on request.
DESIGNATIONS
The land is within an Area of Outstanding Natural Beauty (AONB) and is designated as ‘Open Access’ land. It is also registered 'Common' land.
SERVICES
No services are connected to the land.
WAYLEAVES, EASEMENTS & RIGHTS OF WAY
The land is designated as ‘Open Access’ and is registered 'Common' land. It is understood that neighbouring land/property owners enjoy vehicular rights of access over the concrete track which forms part of the property. Interested parties must satisfy themselves regarding this.
HEALTH & SAFETY
Potential purchasers may view the property during daylight hours after informing the agents, Carter Jonas. Potential purchasers are requested to take particular care when inspecting the land, being careful around the pond areas and wearing supportive footwear for potentially uneven, and slippery ground surfaces.
SPORTING, TIMBER & MINERAL RIGHTS
Sporting and timber rights are included. Mineral rights are excluded.
LOCAL AUTHORITY
Cornwall Council - New County Hall, Treyew Road, Truro, Cornwall, TR1 3AY
VIEWINGS
Subject to prior arrangement with the agents, interested parties may view the property during daylight hours, taking reasonable care when walking the site.
DIRECTIONS
From Bodmin, proceed northwest along the A30 for approximately 11.5 miles passing by Temple, Colliford Lake and the Jamaica Inn. The land is found opposite the Gulf Garage/Trewint Service and the access off the A30 is found immediately before the garage, where the central reservation ceases, on the right-hand side of the dual carriageway. A for sale board has been erected.
WHAT3WORDS
///optimists.regulate.panther
TRURO OFFICE
Contact George Olver or Chris Anderson for more information.
The next steps...
1
Establish funds
How will you fund the purchase?
Before making an offer on a property you will want to consider your financial situation, your income and outgoings.
Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.
To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.
Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.
Some advantages of a broker are:
- They do all the legwork for you, working on your behalf with the lender
- They compare wholesale mortgage rates from a large number of banks and lenders all at once
- Their wholesale interest rates can be lower than retail (bank branch) interest rates
- They offer more loan options because they work with numerous banks and lenders
- They can finance tricky deals because of their knowledge and various lending partners
- They are typically easier to get in contact with, and are less bureaucratic.
However advantages of working with your bank are:
- You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
- You may already know the banker who will handle your mortgage
- Banks may be more accountable than a smaller shop
- They may offer lower interest rates in some cases
- Their ability to add mortgage to existing banking profile and make automatic payments from linked account.
2
Making an offer
with Carter Jonas.
When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.
Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.
If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.
3
Need to sell a property
or thinking of letting?
If you have a property to sell, why not see how we can help you.
Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.
Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.
Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.
