Chillaton, Devon PL16 Land for sale

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Chillaton, Devon PL16 Land for sale

Chillaton, Devon PL16
£50,000

Our Summary

  • For sale by Public Auction on Wednesday 18th June 2025
  • Uplift ClauseThe property will be sold subject to an uplift clause whereby the current Vendor's will receive 33% of any increase in value upon the grant of planning permission for any new residential, development over 25 years, from when the property is sold
  • Auction InformationVenue & Date | The auction will be held at Lifton Strawberry Fields, Lifton, Devon PL16 0DE on Wednesday 18th June at 7pm
  • 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
  • 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
  • Buyer's Administration 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 including VAT) is payable to Kivells on the night of the auction
  • Please note if the lot is sold prior to auction, or afterwards, this fee remains payable
  • All interested buyers are advised to review the Auction Legal Pack prior to bidding, this can be obtained from Kivells website and is free to download

Description

This property is a 4.45-acre plot of land located on the edge of a village, offering lovely views of the surrounding countryside. The land is divided into two enclosures and has a quiet road frontage with dual access. It is mainly sloping and features natural hedge banks and mature broadleaf trees along its boundaries. The property is being sold subject to an uplift clause, which means that the current vendor will receive 33% of any increase in value if planning permission is granted for a new residential development within 25 years of the sale. The property will be sold at public auction on June 18th, 2025, at Lifton Strawberry Fields, and all bidders must register with Kivells on the night of the auction.