Clinton Rise, Beer, Seaton
£200,000

Guide price

Bedrooms: 3
Unique development opportunity above the Jurassic coast in almost 1/3 acre

METHOD OF SALE

The land will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date will be Tuesday 10th December 2024 at 4pm. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. The property can be accessed via our website - stags.co.uk.

SITUATION

Just a mile from the charming beach at Beer and a short walk down to the village centre and amenities, this unique development project has the ideal balance of convenience and peace that is rarely found along the coastline.

Beer is a typical example of an unspoilt Devon fishing village. It is famous for its quarried stone that has been used in many historic buildings such as Exeter Cathedral and St Pauls Cathedral. Beer has a variety of shopping and recreational amenities which include Restaurants, Public Houses, Post Office, Galleries, two Churches, Doctor s Surgery and Sailing Club.

Some 8 miles to the west is the Regency town of Sidmouth with an extensive variety of shops including an out of town Waitrose. Exeter is approximately 22 miles to the west and has excellent shopping, sport and leisure facilities, international airport and a main line rail link to London (Paddington.) Axminster is 10 miles north with a main line rail link to London (Waterloo.) Colyton Grammar School, one of the country's top mixed state schools is also within easy reach, being about 4.5 miles away.

DESCRIPTION

Set at the end of this quiet close, the building that is set within the plot has a prohibition order, being unsuitable for habitation. Access internally to the property isn't currently possible so a description of the accommodation isn't available although other properties in the close are chalet bungalows. Purchasers are to expect significant renovation and repairs to be required as a minimum, consideration should be given to replacing the current structure with a new home, subject to planning and other consents to make the most of this wonderful location.

In all the site extend to about 0.32 acres (1300 sqm)

SERVICES

It is suspected that mains water, electric, gas and drainage is available nearby (other properties in the close have access to them.) Purchasers to make their own enquiries. According to the Ofcom website Superfast broadband (up to 80 Mbps) is available, assumed not connected. Mobile coverage likely outside with EE, O2 and Three, Vodafone available inside and outside.

DIRECTIONS

From the A3052 coast road between Sidford and Seaton, turn South signposted to Beer at the Hangman's Stone junction. Follow this road and before descending the hill into Beer, take a left hand turning into Long Stovar Lane. Clinton Rise will be found a short way down the hill on the right hand side. No 14 is at the end on the right beside the pedestrian path down to the village.

VIEWINGS

CANNOT BE VIEWED INTERNALLY. Purchasers to contact Stags to arrange an external viewing.

PROOF OF IDENITY

Under the 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 ADMINSTRATION FEES

The successful purchaser(s) will be liable to pay the sum of £5,000. From this a buyer's fee of £2,400 (inc. VAT) is retained by Stags/Bamboo Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.

An additional administration fee of £1,200 (inc. VAT) will be payable by the successful purchaser immediately after the auction.

DEPOSIT PAYMENT

The Seller and Buyer agree that the winning Bidder 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 handled by the buyer s solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.

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

Sarah Pennington, Weightmans LLP - sarah.pennington@weightmans.com

105 Fenchurch Street, London, EC3M 5JG

COMPLETION DATE

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

DEFINITION OF AUCTION GUIDE AND 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.

01404 758007

Stags - Honiton Sales

Bank House, 66 High Street, Honiton, Devon, EX14 1PS

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