Trewint Marsh, Altarnun, Launceston, Cornwall, PL15 7TF

Please see update on 13/09/24 - 'Bare Land Enquiries' document added to the legal pack.

Please see update on 10/09/24 - The land is designated as 'Open Access' and is also registered 'Common' land - see below.

Please see update on 20/08/24 to 'WAYLEAVES, EASEMENTS & RIGHTS OF WAY' paragraph below.

A parcel of former quarry land, now restored to a wetland wildlife habitat, with potential for a variety of different uses.

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.