- Advert Expiry Date: Thursday, 25th May 2017
- Property / Land Type: Land
- Price Description £2,000,000 Guide price
BEST OFFERS BY 12 NOON FRIDAY 4TH NOVEMBER A unique opportunity to acquire about 247 acres of predominantly arable land with strategic potential (STP) in North Nottinghamshire
Property agent Location
The land is situated to the south of Mansfield in North Nottinghamshire. The A60 (Mansfield Road) runs north to south approximately 1 mile to the east. The M1 runs north to south approximately 4.5 miles to the west (Junction 28). The nearest train station is Mansfield (1.5 miles). Nottingham train station
(12 miles) offers a direct service to London.
View property on map »Further Information
The land is classified Grade 3 as recorded in the Soil Survey of England and Wales and the soils are shown as being of the Bridgnorth association. The Bridgnorth soils are described as being well drained sandy and course loamy soils over soft sandstone. Occasionally deeper soils. Risk of water and wind erosion and capable of growing cereals and potatoes, horticultural and fruit crops, some permanent grassland and woodland on steep slopes. The land has previously supported a rotation of potatoes, carrots, maize, wheat and barley.
Location and Access
Lot 1 sits to the north of the A617 (Sherwood Way South) with access taken via a right of way over the adjacent property (for all purposes and at all times) as identified on the sale plan.
Lot 2 sits between A617 (Sherwood Way South) and Cauldwell Road. Access is available from both the A617 and Caudwell Road.
Lot 3 sits between Cauldwell Road and the A611 (Derby Road). Access is available from both the A611 and Caudwell Road.
About 67.56 acres (27.34 hectares) comprising about 52.25 acres (21.14 hectares) of arable land, a range of dilapidated farm buildings and woodland.
About 40.45 acres (16.36 hectares) of predominantly arable land.
About 139.16 acres (56.32 hectares) of predominantly arable land including 6.81 acres (2.76 hectares) of woodland / miscellaneous land and a pond.
The land is available freehold subject to two farm business tenancies. Further details are available from the joint agents.
Method of sale
The land is for sale as a whole or in up to three lots by private treaty subject to any existing tenancies.
The property is offered subject to any current or past development designation and policies, tree preservation orders, town planning schedules, applications, permissions and resolutions which may be or may come in to force.
Lot 3 benefits from outline planning permission for a golf course, driving range, country club, accommodation and ancillary leisure facilities. The approved scheme includes approximately 120 hotel rooms, conference facilities, a restaurant, golf shop, 18 hole golf course and approximately 250 car parking spaces. The consent was granted in 1987 and we have confirmation from the LPA that the consent is secured.
The land will be sold subject to a development uplift clause. This uplift clause specifies that 20% of any increase in value of the land due to development (as defined in Section 55 of the Town and Country Planning Act 1990) will be payable to the Vendors
or their successors in title should such development occur within 25 years from the date of completion. The uplift clause shall not be triggered by any development for agricultural and or equestrian purposes nor for the implementation of the planning
consent for the golf complex as detailed opposite.
Basic payment scheme
The land is registered to receive payments under the Basic Payment Scheme. No entitlements are to be transferred with the land.
Rights of way, easements & wayleaves
The property is being sold subject to, and with the benefit of, all existing wayleaves, easements and rights of way whether public or private and covenants whether mentioned or not.
Sporting, timber & mineral rights
The sporting, timber and mineral rights, in so far as they are owned over the freehold of the property, are included in the sale. We understand the mineral rights and ancillary powers of working are excluded within Lots 1 and 2.
Lot 1 benefits from an abstraction licence (Licence Serial Number: 03/28/70/0076) which permits the abstraction of up to 30,000 m3 per annum between 1st November to 31st March inclusive. There is an easement over third party land to access the abstraction point.
Lot 3 benefits from an abstraction licence (Licence Serial Number: 03/28/70/0078) which permits the abstraction of up to 10,000 m3 per annum (maximum of 2,000 m3 per day) between 1st April to 31st October inclusive.
We understand that there are no services connected to the land.
The vendor and the vendor's agents will do their best to specify the ownership and boundaries, hedges, fences and ditches but will not be bound to determine these.
Value added tax
Any guide price quoted or discussed is exclusive of VAT. In the event that a sale of the property or any part thereof, or any right to it becomes a chargeable supply for the purposes of VAT, such tax will be payable in addition.
The land may be viewed during daylight hours only providing that you have a copy of the sales particulars. Given the potential hazards of a working farm, viewers should take care and precaution with regard to their personal safety when viewing the property.
Health and safety
Given the potential hazards of a working farm we would ask you to be as vigilant as possible when inspecting the farm for your own safety, in particular around the farm buildings and ponds. Internal access to the farm buildings is strictly prohibited.
The land sits in an area controlled by Ashfield District Council. Tel: 01623 450000
Dentons UKMEA LLP
c/o Mr Bill Ramsey
21 Station Road, Watford, Hertfordshire, WD17 1HT
Tel: 01923 215071