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Exciting Plot Located on the Fringes of Popular Seaside Town

The Bull Ring, Portlooe, Looe, PL13 2HY
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Property description

'The Bull Ring' is a redundant barn consisting of two wings that has previously had planning for conversion. The single storey building is a stone barn offering immense potential to create a fabulous home in a highly desirable area. There is an existing gateway into the site which is suitable for motor vehicles.

The main plot which houses the redundant buildings extends to approximately 1/4 of an acre, a section of the road is included within the title and is referred to in more detail in the pre-sale pack. Across from the main plot there is another small parcel of land which is included within the title. Previously planning permission has been obtained on the site for conversion of the building into a one bedroom dwelling with an adjoining one bedroom, self contained holiday unit.

Location - Within striking distance of the Cornish Coast, in a semi rural yet accessible location. Portlooe is a highly desirable area located on the fringes of the popular seaside town of Looe. The countryside setting is merely a short walk away from the centre of West Looe, from here there are a range of amenities and easy access to the rest of the bustling town. The plot is within reach of the South West coastal footpath at Hendersick, which in turn leads you through Talland Bay towards the historic fishing port of Polperro

Other key info

Clause R5.1(d) of the Reservation Contract shall be amended as follows: "The date of completion to be specified in the contract exchanged for the purchase of the LOT shall be no later than 28 DAYS after the date of exchange of contracts, unless otherwise agreed by the SELLER"

In addition, the Buyer and Seller agree that Clause R6.5 and R6.6 of the Reservation Contract shall be removed and shall not apply in relation to this Property. For the avoidance of doubt, the Buyer agrees that the Reservation Fee shall be non-refundable in all circumstances.

Features

Development PlotCountryside LocationCoastal Location

Maps

Conditional auction

If the reserve is met or exceeded and the auction timer reaches zero, an exclusivity period begins in relation to that property. The successful bidder is contractually required to exchange on the property on or before the expiry of 20 working days from the end of the auction. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of the reservation agreement, which is produced at the end of the auction. The auctioneer will be authorised to sign the reservation agreement on both the buyer’s and seller’s behalf. If by the seller’s act, exchange does not occur on or before the expiry of 20 working days from the end of the auction, the holding deposit shall be fully refunded to the buyer. If the buyer fails to exchange on or before the expiry of 20 working days from the end of the auction, they will forfeit the full amount of the holding deposit.

* Pricing information

The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.

Bamboo Auctions and Bradleys Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.

Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.

Disclaimer

All information relating to this property, including descriptions, pictures and other related information has been provided by Bradleys Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.

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