- Advert Expiry Date: Tuesday, 13th June 2017
- Property / Land Type: Land
- Price Description £243,000 Guide price
About 27.6 acres of productive arable land
Property agent Location
View property on map »Further Information
The land is situated to the north of the village of Hoton and benefits from road frontage with Rempstone Road (A60) providing direct access to the land. The land has historically been farmed in hand by the vendors and has supported a range of winter cereals, oilseed rape, winter and spring beans and grass leys. Classified Grade 2 and 3 as recorded in the Soil Survey of England and Wales, the soils belong predominantly to the Dunnington Heath and Flint series with smaller areas of the Evesham 2 series. The Dunnington Heath and Flint series are generally suited to the growing of cereals, potatoes and sugar beet. The Evesham 2 series is described as slowly permeable calcareous clayey soils. Some slowly permeable seasonally waterlogged non-calcareous clayey and fine loamy or fine silty over clayey soils and are generally suited to the growing of winter cereals and short-term grassland. Details of previous cropping and yields are available on request.
General Remarks and Stipulations
Lot 2B is available freehold with vacant possession on completion subject to rights of holdover.
Method of Sale
The land is offered for sale by private treaty as a whole, subject to any existing tenancies.
The vendors have expressed an interest in continuing to farm Lot 2B under a Contract Farming Agreement or Farm Business Tenancy, with terms to be agreed.
Lot 2B: The land will be sold subject to an uplift provision that specifies that 30% of any increase in value of the land or buildings 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 50 years from the date of completion. Uplift will be payable upon the sale or implementation but shall not be triggered by development for agricultural and/or equestrian purposes.
Basic Payment Schemes and Grant Schemes
The land within Lot 2B is registered to receive payments under the Basic Payment Scheme. The relevant number of entitlements for the land are included within the sale. The claim for the current year will be retained by the vendors and the vendors will use reasonable endeavours to transfer the entitlements for future Basic Payment to the purchaser(s) after completion of the sale. The purchaser(s) will indemnify the vendors against any breach or non-compliance of their 2016 claim. There will be an additional charge of £500 plus VAT for the transfer of the entitlements to the successful purchaser(s). Lot 2B currently forms part of a Higher Level Stewardship scheme which expires in November 2019. Further details are available from the selling agents. The purchaser(s) will be required to abide by all obligations and will indemnify the vendors against any breach of this agreement.
All of the farmland lies within a Nitrate Vulnerable Zone.
The majority of the land within Lot 2B benefits from under drainage and copies of the drainage plans are available from the selling agents.
We understand that there are no services available. (The selling agents have not tested any service, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.)
The vendors shall reserve a right of holdover to harvest all standing crops. It is anticipated that holdover rights will not exceed the end of October 2017.
Sporting, Timber & Minerals
The sporting, timber and mineral rights, in so far as they are owned over the freehold of the property, are included in the sale.
Wayleaves, Easements and Rights of Way
The property is 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. There are a number of public foot and bridle paths that cross the property. Under the current Higher Level Stewardship scheme a number of permissive footpaths and bridleways have been created over Lots 2B for the duration of the agreement.
All of the land is offered for sale subject to any development plans, Tree Preservation Orders, ancient orders and public rights of way.
Boundaries and Fencing Obligations
The vendor and vendor's agents will use all reasonable endeavours 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
Lot 2B is within an area controlled by Charnwood Borough Council.
Lot 2B may be viewed at any reasonable time with a copy of the sales particulars to hand, having first registered your interest with the selling agents. Health and Safety Given the potential hazards of a working farm, all viewers should take care and precaution and be as vigilant as possible when viewing the land and buildings.