* Freehold
* This Property Is Being Sold by Conditional Online Auction
* Place A Bid on by 12pm on Tuesday 26th September 2023
This property is for sale by conditional online auction, powered by Bamboo
Auctions. Place a bid by 12pm on Tuesday 26th September. A parcel of land
extending to 3. 74 acres located within reach of the beautiful Tamar Valley and
offering great scope for personal use and enjoyment having previously been
used for animals.
This property is being sold by conditional online auction and a non - refundable
reservation fee of £5000 or 3. 5% + VAT applies, whichever is the greater (in
addition to the purchase price). If you are the successful bidder, you will be
charged the amount of £5, 000 + VAT (£6, 000) or 3. 5% +VAT, whichever is the
greater, which will be processed online, immediately at the end of the
auction, only if you are the successful bidder. You will then have 20 working
days within which to exchange contracts, and a further 28 days to complete the
purchase.
Terms and conditions apply to the modern auction method of sale, which is
operated by Bradleys Property Auctions.
**Definition Of A Guide Price And A Reserve Price: **
**Guide Price**
An indication of the seller’s current minimum acceptable price at auction. The
guide price or range of guide prices is given to assist consumers in deciding
whether or not to pursue a purchase. It is usual, but not always, that a
provisional reserve range is agreed between the seller and the auctioneer at
the start of marketing. As the reserve is not fixed at this stage and can be
adjusted by the seller at any time up to the day of the auction in the light
of interest shown during the marketing period, a guide price is issued. This
guide price can be shown in the form of a minimum and maximum price range
within which an acceptable sale price (reserve) would fall, or as a single
price figure within 10% of which the minimum acceptable price (reserve) would
fall. A guide price is different to a reserve price (see separate definition).
Both the guide price and the reserve price can be subject to change up to and
including the day of the auction.
**Reserve Price**
The seller’s minimum acceptable price at auction and the figure below which
the auctioneer cannot sell. Bids may be accepted by the system but the
property will not sell if the bidding does not reach the reserve. The reserve
price is not disclosed and remains confidential between the seller and the
auctioneer. Both the guide price and the reserve price can be subject to
change up to and including the day of the auction.

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