FOR SALE BY ONLINE AUCTION (unless sold by Private Treaty) - THURSDAY 31ST OCTOBER 2024
Jennings Farm enjoys a pleasant location with good views to the front elevation over the surrounding countryside. Comprising brick and tiled dwelling house with a good range of traditional and modern buildings. Some of the buildings may have potential for alternative uses subject to planning consents and interested parties should make their own enquiries. Included with Lot 1 are grass paddocks lying to the front, with the whole of Lot 1 extending to 3.48 acres or thereabouts.
The property is conveniently located lying just off the A51 being 6.7 miles from Newcastle under Lyme, 7.6 miles from Stone and 9.6 miles from Market Drayton.
GUIDE PRICE £500,000 - £600,000
REGISTRATION FOR BIDDING AND AUCTION PACK AVAILABLE FROM SEVEN DAYS BEFORE THE AUCTION THROUGH OUR WEBSITE.
Please Download The Attached Brochure -
Graham Watkins & Co Online - Graham Watkins & Co Online Auctions is a new, innovative and pioneering platform for buying and selling property.
It provides all the benefits synonymous with traditional auctions, including: speed and certainty of sale, transparency and zero risk of gazumping or double-selling, but with the added advantage of being able to bid pressure free from the comfort of your own home or office via desktop, tablet or mobile phone.
Registration - A STRAIGHTFORWARD PROCESS FROM START TO FINISH
In order to bid at Graham Watkins & Co Online Auctions you will first need to create an account by providing your contact details. You will be required to verify your email address, by clicking an activation link that we'll send to you via email. Once you've created an account you can watch' lots that you're interested in (you'll be kept up-to-date throughout the auction cycle), as well as gain access to the legal packs. In order to place a bid on a lot you will need to complete the bidder registration steps, as detailed below. Please note, the first time you register to bid you will also be asked to verify your mobile number and upload copies of your photo ID (e.g. Driver's licence or passport) and recent proof of address (dated within the last 3 months). This is required so we can easily keep in touch and helps us confirm your identity in the event of you purchasing a lot.
Terms & Conditions - ENSURE YOU READ, UNDERSTAND AND ACCEPT THE TERMS AND CONDITIONS
You will be asked to read and accept our Online Auction Terms and Conditions. Additionally, there may be specific documentation relating to the sale of the property you're registering to bid on that will need to be read and accepted before you are able to bid.
Once accepted, you will receive a copy of the document(s) via email for your own records.
Solicitors - PROVIDE DETAILS OF YOUR CHOSEN SOLICITOR
You will be asked to provide details of your chosen solicitor, so that in the event of you wining the lot we can initiate the necessary legal proceedings between yours and the vendor’s solicitors.
Anti Money Laundering Checks - COMPLETE AN ONLINE ANTI-MONEY LAUNDERING CHECK
Graham Watkins are required by law to carry out an online anti-money laundering check on all persons wishing to bed. You will be asked to provide information to verify your identity, including your date of birth, addresses for the last 3 years and at least one of passport, driving licence or national insurance number.
Bidder Security - REGISTER YOUR CREDIT OR DEBIT CARD FOR THE BIDDER SECURITY
In order to bid online you will be required to register a credit or debit card for the bidder security deposit. We use Stripe who provide a secure, online card registration facility, and they will attempt to place a hold on funds' on your account for the bidder security amount (often known as a payment shadow' as no money is taken at this stage). The bidder security amount will be clearly displayed when registering your card.
On the fall of the electronic gavel, the winning bidder's card will be automatically debited for the bidder security amount, whilst all the unsuccessful bidder's cards will have their shadow payments released (this can take several days depending on the card provider). For more information about this process please read the detailed explanation at the end of this document.
Due Diligence - RECOMMENDED DUE DILIGENCE BEFORE BIDDING
In general terms, you are strongly advised to view the property and take professional advice as to its condition and suitability. You should also ensure that you thoroughly read and understand the legal pack and any other associated documentation available online and take proper legal advice accordingly. Finally, understand the contract you are entering into and the financial commitment that you will be liable for should you be the successful purchaser.
Bidding - STRESS-FREE BIDDING FROM THE COMFORT OF YOUR OWN HOME
When the auction opens, you will be able to place bids in line with the pre-determined bid increment levels, using the bid increase (+) and decrease () buttons provided. Having set your preferred bid amount and clicking the Place Bid' button, you will be asked to confirm your bid at which point it will be placed.
Every time you submit a bid you will be clearly shown whether your bid was successful, and a full list of all bids is displayed on-screen at all times.
Fall Of The Gavel - FALL OF LEGAL POSITION WHEN YOU'VE WON THE AUCTION
We offer property for sale by immediate, unconditional contract. This means that the fall of the electronic gavel constitutes an exchange of contracts between the buyer and seller. Both parties are legally bound to complete the transaction usually within 28 days following the close of the auction but this will be confirmed within the legal documentation.
Guide Price - The guide price is issued as an indication of the auctioneer’s opinion of the selling price of the property. Each property offered is subject to a reserve price which is agreed between the seller and the auctioneer prior to the auction, and which would ordinarily be within 10% (+/-) of the guide price. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. For a full definition of guide price and reserve price please contact the auctioneers.
Conditions Of The Sale - The conditions of the sale will be available on line through the Auctioneers seven days prior to the sale. The purchaser will be deemed to have knowledge of the Conditions of Sale and to have satisfied themselves on all matters contained or referred to either there or in the sales particulars.
