Lot 2 – Arable land extending to 31.13 Acres – Guide Price £405,000

12.60 Hectares (31.13 Acres) of arable land in two fields, situated on the west of Second Drove, Gosberton Clough. The property is outlined in blue on the Sales Particulars Plan.

Delinked Payments

The Land is registered with the Rural Payments Agency; however, all delinked payments will be retained by the Seller.

Management Compliance

The Seller will be responsible for following the DEFRA Rules for Farmers and Land Managers up to the date of completion. The buyer/s will take over these obligations on Completion and will indemnify the Seller for any non-compliance which results in a penalty or reduction in the Seller’s payments.

Sporting and mineral Rights

The sporting and mineral rights are included in the sale, insofar as they are owned.

Services

There are no services connected to the property.

Tenantright

The land is to be sold free of any Tenantright claim.

Health and Safety

The property is part of a working farm and therefore potential Buyer/s should be careful and vigilant whilst on the holding. Neither the Seller nor the Seller’s Agents are responsible for the safety of those viewing the property and accordingly those viewing the property do so at their own risk.

Plans, Areas and Schedules

These are based on the Ordnance Survey Data and Land Registry Compliant plans and are for reference only. They have been checked and completed by the Seller’s agents and the Buyer/s will be deemed to satisfy themselves as to the description of the property. Any error or misstatement shall not annul the sale nor entitle either party to compensation in respect thereof.

Holdover

Holdover is required on Lots 1, 3 and 4 until 31^st December 2025. Holdover on Lot 2 is 30^th September 2025. Holdover on Lot 5 is 31^st October 2025.

Method of Sale

The Informal Tender date is Thursday 21^st August 2025 at 12 Noon. Tenders should be submitted on the tender form attached to lorraine@ealandagents.co.uk or in person to Elizabeth Allen Land Agents Limited, Cradge Farm, Langtoft, Lincolnshire, PE6 9QB. Please advise in advance if you are delivering the Tender form in person. Please mark your envelope with TENDER 21/8/25.

Tenure, Exchange and Completion

The land is sold freehold with vacant possession on completion, subject to holdover.

Exchange of Contracts is expected within 30 working days of the Buyer/s Solicitors receiving the draft Contract from the Seller’s Solicitor with completion by agreement thereafter. A 10% deposit is payable on exchange of Contracts.

Anti Money Laundering and Proof of Funds

Buyer/s will be required to provide proof of identity and address to the Sellers’ Agent once an offer is submitted and prior to Solicitors being instructed, in accordance with the Proceeds of Crime Act 2002 and The Money Laundering and Terrorist (Amendment) Regulations 2019.

Please provide proof of funds at the same time as making your bid.

Easements, Rights of Way and Wayleaves

The land is sold subject to and with the benefit of all existing rights whether public or private, whether or not they are referred to in these details.

VAT

VAT is not payable.

Boundaries

The Buyer/s shall be deemed to have full knowledge of all the boundaries and neither the Seller nor the Seller’s Agent will be responsible for defining either the boundaries or their ownership.

Viewings

Viewings will be permitted only by appointment with the Seller’s Agent.