An opportunity to purchase land, lake and buildings of Grade 2 and 3 Agricultural land, in total extending 40.67 Hectares (100.51 Acres) or thereabouts.
The property is located approximately six miles from Peterborough and fourteen miles from Spalding.
Tenure and Holdover
The land is currently occupied by the Sellers and is offered for sale with Vacant Possession at Completion, subject to Holdover until 30th September 2021 on all growing crops and Holdover until 31st December 2021 on Countryside Stewardship areas (*).
Method of Sale, Exchange and Completion
The land is offered for sale by Informal Tender, with Tenders requested by Friday 14th May 2021, by 12 Noon. Please contact our office for the Tender form and particulars.
Exchange of Contracts is expected within 21 days of the Buyer’s Solicitors receiving the draft documentation and completion within 28 days of exchange or earlier by agreement.
We are not aware of any services connected to the sites.
Wayleaves and Easements
The properties are sold subject to and with the benefit of all existing rights, including rights of way, whether public or private, light, support, drainage, water, electricity and other rights, easements, quasi easements and all wayleaves, whether referred to specifically or not.
Anglian Water Services Limited has contacted the seller regarding a potential water main through Lots 3, 5 and 6. A plan showing this route is available for viewing.
A gas main crosses Lot 3.
An electricity main crosses Lots 1, 3, 5 and 6.
The successful Buyer will be deemed to have full knowledge of boundaries and rights of way affecting the property.
Rights of Way
A right of way over Lot 1 in favour of Lots 2 and 3 is in place.
A right of way over Lot 3 in favour of Lot 2 is in place.
Lots 2 and 3 have direct-gated access to Folly Bank.
Tenantright, Routine Improvements and Dilapidations
There will be no claims of any kind.
Basic Payment Scheme
Lots 2-8 are registered on the Rural Land Registry and have been used to claim the 2020 subsidy. The land will be claimed on in 2021 and that subsidy will be retained by the Seller. The Buyer/s of Lots 1-8 will be required to adhere to the Cross Compliance regulations until 1st January 2022.
Entitlements for Lots 2-8 are included in the sale.
The land is in a Countryside Stewardship Scheme, which ends on 31st December 2021.
Drainage rates are payable to North Level Internal Drainage Board.
Historically the land has been underdrained, limited plans are available.
Plans, Areas and Schedules
These plans have been prepared as carefully as possible. Plans are outlining the land for identification purposes only.
Areas were taken from Rural Land Registry data.
Land Registry title documentation, where available, can be provided by the Selling Agent.
Sporting rights are in hand as far as they are owned and are included in the sale for each respective Lot.
Mineral rights are reserved on Lots 1, 2, 3 and 4 to The Church Commission for England.
|1*||TF1705 4780 ptTF1705 3991||Wheat||S. Beans||Wheat||OSR||S. Barley|
|2*||ptTF1705 3991||Wheat||S. Beans||Wheat||OSR||S. Barley|
|3*||TF1705 1049 TF1705 2657 TF1705 2764||Wheat||S. Beans||Wheat||OSR||S. Barley|
|4*||TF1705 6299||Wheat||S. Beans||Wheat||OSR||S. Barley|
|5*||TF1705 7374||Wheat||OSR||S. Barley||Wheat||OSR|
|6*||TF1705 8557||Wheat||OSR||S. Barley||Wheat||OSR|
|7||TF1905 6797||Wheat||Oats||Wheat||S. Beans||Wheat|
|8||TF2005 0748||Wheat||Potatoes||Wheat||S. Beans||Wheat|
No election has been madeto waive the exemption of VAT on the land offered for sale and none is intended to be charged, but should it be elected prior to completion, then VAT at the prevailing rate will be payable in addition to the purchase price.
Viewing and Health and Safety
Interested parties are invited to view the land in daylight hours with a set of particulars to hand. The property is a working farm and therefore viewers should be careful and vigilant when on site. Neither the Sellers or the Selling Agent are responsible for the safety of those viewing the property and accordingly those viewing the property do so at their own risk.
Buyer/s will be required to provide proof of identity and address to the Selling 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.
Roythornes Solicitors, Enterprise Way, Pinchbeck, Spalding, PE11 3YR
Tel: 01775 842505
- Country: United Kingdom
- City / Town: peterborough
- Property ID 4991
- Price Guide Price £1,072,500
- Property Type Agricultural, Land
- Property status Sold STC