Land for sale in Trethowel
This property is located less than three quarters of a mile to the north of St.Austell Town Centre on the eastern side of the B3274 road. The Dry fronts onto a former railway line, now surfaced as a trail of about 1.75 miles leading form Tremenna Gardens, St.Austell to the south and ending The Wheal Martyn China Clay museum to the north. We understand from our clients that their company has a right of way over this trail and as indicated in title document as numbered below. However, we have not verified the current status and a purchaser must obtain their own advice over this.
We have also been advised by our clients that there is a covenant that an uplift fee of £55,000 is payable to Imerys if the dry site is developed or sold with the benefit of planning permission and that this covenant is to be transferred to a new owner.
The property comprises this grade 11 listed former clay dry's as indicated on the plan together with an area of ground to the west and adjoining Bodmin Road also held on the same title.
The property listing can be found on the National Heritage List for England, list entry number1391523 and was first listed on the 13th March 2006. A full and interesting history of the building is included in the listing and says that dry was built between 1920 and 1921.
However, the building is now heavily overgrown but was mentioned in An Historic Building Assessment (2008) that it was the largest ever built in Europe.
The Land Registry title numbers are part of CL 123369 and CL305105 but excluding 327396, a small area of about 16 square metres, now an electricity substation owned by Western Power. The land under CL305105 is held under a possessory title.
INFORMAL TENDER
The property is offered for sale by informal tender with a closing date of 12:00 noon Friday 15th August 2025. All offers are to be submitted in writing and subject to contract to our Bodmin office as above by the closing date and time.
All offers should be subject to confirmation within the letter of availability of funds for an
immediate purchase and not subject to a sale of another property.
A guide price for tenders is in the region of £150,000 All offers will be submitted but the vendors will not be bound to accept the highest or any offer and the final decision will be at their total discretion.
All offers submitted are confidential and cannot be disclosed to other interested parties. In the event of acceptance of an offer, we will immediately require the names of the purchaser's solicitors.
Property Ref: 55649_BOD250128
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