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" Diverse commercial investment property with huge potential in a strategic location.

For Sale by Auction on Wednesday 22nd November 2023 at 7pm.

The Modern Commercial Building was erected between 2001 and 2019. It extends to approx. overall 56,200 sq ft 5200 sq m and is constructed of clear span steel frame, 5.5m 18 ft to the eaves, with insulated box profile cladding, concrete floor and includes an open sided lean to with hardcore floor. The building has three roller shutter doors and separate pedestrian access points. In front of the building is an enclosed, level hardcore parking area totalling around 2? acres 1.01 ha . The building and parking are approached over a private, gated spur leading off the shared tarmac roadway. There is a small roof mounted solar array.

Situation
Amid pretty countryside and with excellent road communications. Under 1 mile from the from the A30 dual carriageway junction at Stowford Cross. A30 gives fast access to the M5 Motorway at Exeter 35 miles, Bodmin 25 miles & Truro 50 miles. Close to the Devon Cornwall border, 7 miles east of Launceston, 12 miles west of Okehampton, 10 miles north of Tavistock.

Directions
What3words martini.variety.refrained Postcode PL16 0AT

Description
This most attractive range of traditional Stone Barns are approached over the private, shared entrance drive and comprise the original farm buildings for what was once a large farm. They are principally two storey and arranged around a large walled yard now covered over and lend themselves to either continued commercial use, or some form of residential development, subject to the normal planning process. To the south and east of the above, set around a yard approaching 2 acres .80 ha are a significant range of former Farm Buildings extending to nearly 25,000 sq ft 2300 sq m . They are principally constructed with steel frames and CA cladding.
Gingerbread Cottage is set in the east of the site comprising a pretty, detached three bedroom, two storey property in need of refurbishment, set in its own gardens. In the northwest of the site is a productive 10.6 acre Field which is sown to grass.

EPC s
Modern Commercial Building C69
Stone Barns E101

Auction Information
Date of Auction The Property will be offered for sale by PUBLIC AUCTION on Wednesday 22nd November 2023 at 7pm at Strawberry Fields, Lifton, Devon, PL16 0DE Buyers are advised to attend by 6.30pm to register.

Buyers 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 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.

Important Information
Buyers Auction Fees All successful buyers should note that on exchange of contracts a Buyer s Administration Fee of £2000 plus VAT total £2400 inc VAT is payable to Kivells by cheque, BACS or debit card payment. The successful buyer will also be required to reimburse the vendor for search fees. Please note if the lot is sold prior to auction, these fees remain payable. There are no discounts for multiple lots purchased and you must consider this when bidding offering prior.

Deposit A 10% deposit will be required to be paid by the successful bidder upon the fall of hammer and at this point the contract. The deposit has to be paid to Kivells as auctioneers and can only be paid in the form of a cheque or bank transfer.
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 the responsibility of the purchaser to ensure they have the correct method of payment available at each auction.

Completion Will take place at 28 days from 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 exchange of contracts.

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 and in the auction room prior to the sale. All interested buyers will be assumed to have acquainted themselves with the conditions of sale.

Vendors Solicitors Nick Arthur, Slee Blackwell, Barnstaple

Services Mains water and borehole. Mains electricity. Private Drainage. Buyers must rely upon their own investigations.

Local Authority West Devon Borough Council, Tavistock

Tenure The property is freehold and sold subject to all existing leases.

Plan & Measurements The site plan is based on ordnance survey extracts. All measurements are approximate. Purchasers must satisfy themselves as to their accuracy.

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 and Charges Register of the registered title together with all public or private 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 the boundaries or the ownership thereof. Should any dispute arise as the boundaries or any points on the particulars or plans or the interpretation of them, the question shall be referred to the vendors agent whose decision acting as experts shall be final.

Viewings
Strictly by appointment with the selling agents.

All Enquiries
Simon Alford, Exeter Office.

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