House For Sale £400,000
AUCTION GUIDE PRICE £400,000 - A two bedroom terraced cottage in the heart of the sought after harbour town of Padstow. The property is currently used as a holiday let and also benefits from a South facing rear patio. EPC: E
Method Of Sale - The property will be offered for sale by Online Traditional Auction unless sold prior. The auction end date is Wednesday 3rd April 2024 at 5pm.
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 - The property is situated in the historic and picturesque fishing town of Padstow which offers an extensive range of cafes, public houses and restaurants, none more so than Paul Ainsworth's Michelin starred No.6, seafood bar Prawn On The Lawn, and of course Rick Steins esteemed Seafood restaurant. Traditionally a fishing port, Padstow is also a popular tourist destination where many enjoy exploring the harbour front and Camel Trail link to Wadebridge.
Wadebridge is within nine miles and on the river Camel, which offers a fine selection of shops and amenities including a sports centre, cinema, primary and secondary school and a selection of supermarkets.
Description - A charming two bedroom character cottage set over four floors in the heart of the old town of Padstow. The property is currently used as a holiday let and benefits from two double bedrooms, a family bathroom, sitting room, kitchen/dining room and South facing rear garden.
Services - Mains water, drainage and electricity. Please note the agents have not inspected or tested these services.
Viewings - Strictly by appointment with the vendor's appointed agents, Stags.[use Contact Agent Button]
Directions - From Wadebridge, travel along the A39 through Whitecross, passed Cornwall Show Ground and then take the right hand turning signposted to Padstow, A389. Continue through St Issey and Little Petherick then at the end of the road turn right onto the A389 and continue into Padstow. Drive past Tesco on your right, following the road loop to the left past the car park and turn right where signposted to Fentaluna and Prideaux Place. Continue on the same road for 0.3 miles and the property is located on your Right.
What3Words: ///ruling.shuts.generally
Proof Of Identity - Under 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 & Administration Fee - 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 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 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.'
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 and to consult legal advice prior to bidding.
Solicitor Acting - Rachel Anderson, Merricks Solicitors, Cross Street, Wadebridge, PL27 7DT
[use Contact Agent Button] -[use Contact Agent Button]
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.
Method Of Sale - The property will be offered for sale by Online Traditional Auction unless sold prior. The auction end date is Wednesday 3rd April 2024 at 5pm.
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 - The property is situated in the historic and picturesque fishing town of Padstow which offers an extensive range of cafes, public houses and restaurants, none more so than Paul Ainsworth's Michelin starred No.6, seafood bar Prawn On The Lawn, and of course Rick Steins esteemed Seafood restaurant. Traditionally a fishing port, Padstow is also a popular tourist destination where many enjoy exploring the harbour front and Camel Trail link to Wadebridge.
Wadebridge is within nine miles and on the river Camel, which offers a fine selection of shops and amenities including a sports centre, cinema, primary and secondary school and a selection of supermarkets.
Description - A charming two bedroom character cottage set over four floors in the heart of the old town of Padstow. The property is currently used as a holiday let and benefits from two double bedrooms, a family bathroom, sitting room, kitchen/dining room and South facing rear garden.
Services - Mains water, drainage and electricity. Please note the agents have not inspected or tested these services.
Viewings - Strictly by appointment with the vendor's appointed agents, Stags.[use Contact Agent Button]
Directions - From Wadebridge, travel along the A39 through Whitecross, passed Cornwall Show Ground and then take the right hand turning signposted to Padstow, A389. Continue through St Issey and Little Petherick then at the end of the road turn right onto the A389 and continue into Padstow. Drive past Tesco on your right, following the road loop to the left past the car park and turn right where signposted to Fentaluna and Prideaux Place. Continue on the same road for 0.3 miles and the property is located on your Right.
What3Words: ///ruling.shuts.generally
Proof Of Identity - Under 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 & Administration Fee - 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 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 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.'
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 and to consult legal advice prior to bidding.
Solicitor Acting - Rachel Anderson, Merricks Solicitors, Cross Street, Wadebridge, PL27 7DT
[use Contact Agent Button] -[use Contact Agent Button]
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.
