Sold STC

Lot 1 – 0.40 Ha (1.00 Ac) Yard and Buildings West of Meadow Road, Peakirk 

5002

Property ID

Guide Price £70,000

Description

 Location

The site is situated approximately one mile east of Peakirk, in North Cambridgeshire.

Site

The site comprise a Yard with brick and tile traditional buildings and grass arable land, shown in red on the attached plan.

An overage of 20% for a period of 30 years on the uplift in value following the attainment of planning permission for more than one dwelling will be payable to the Seller.

Access

Access to the site is directly off Meadow Road. Lots 2 and 3 have a right of way over Lot 1, shown in brown on the attached plan.

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.

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.

Services

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.

An electricity main crosses Lots 1, 3, 5 and 6.

Boundaries

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.

Tenantright, Routine Improvements and Dilapidations

There will be no claims of any kind.

Basic Payment Scheme

The Buyer/s of Lots 1-8 will be required to adhere to the Cross Compliance regulations until 1st January 2022.

Stewardship

The land is in a Countryside Stewardship Scheme, which ends on 31st December 2021.

Drainage

Drainage rates are payable to North Level Internal Drainage Board.

Historically the land has been underdrained, limited plans are available.

Sporting Rights

Sporting rights are in hand as far as they are owned and are included in the sale for each respective Lot.

Mineral Rights

Mineral rights are reserved on Lots 1, 2, 3 and 4 to The Church Commission for England.

VAT

No election has been made to 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.

Anti Money Laundering

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.

Sellers Solicitor

Roythornes Solicitors, Enterprise Way, Pinchbeck, Spalding, PE11 3YR

Tel: 01775 842505

Address

  • Country: United Kingdom
  • Province / State: Cambridgeshire
  • City / Town: peterborough
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  • Property ID 5002
  • Price Guide Price £70,000
  • Property Type Agricultural, Farm, Land, Storage
  • Property status Sold STC

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Contact

Elizabeth Allen

Property Agent
Cradge Farm, Outgang Road, Langtoft Fen, Lincolnshire
07931 336767
elizabeth@ealandagents.co.uk
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