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Arable Land for sale

80.73 Acres, Pt. Wood Langham Farm, Legsby, Lincolnshire, LN8
Guide price

£500,000

Interested in this property? Call us on 01673 843011

Property location

Property description

Summary
A block of productive arable land comprising two fields extending to about 80.73 Acres.

For Sale as a Whole.

Location:
Situated a mile to the south of the hamlet of Little London located about 3 miles to the south east of the town of Market Rasen. The land is situated at the end of a no through road accessed via a hardcore track.

Description:
Two arable fields extending in all to about 80.73 acres classed as Grade 3 on the Agricultural Land Classification Maps for the region. The land is currently in an arable rotation having historically grown high yields of wheat, beans and oil seed rape. A small area is currently utilised as game cover crop for sporting use.

The land comprises the following:
TF1585 0275 - 74.11 Acres (29.99 Hectares) - Arable Land with two small ponds to the centre and north east of the field. : TF1485 7150 - 6.62 Acres (2.68 Hectares) - Arable Land
Total: 80.73 Acres (32.67 Hectares)

Method of Sale:
By Private Treaty.
Offers over £500,000 are invited.

Tenure & Possession:
The property is Freehold. Vacant possession will be granted on completion.

Wayleaves & Easements:
The property is sold subject to, and with the benefit of all existing wayleaves, easements and right of way, public and private, whether specifically mentioned in these particulars or not.

Northern Power have an overhead electricity line across the land.

Cropping History:
2017 - Winter Wheat
2016 - Oil Seed Rape
2015 - Winter Wheat
2014 - 13ha Winter Beans
2014 - 19ha Spring Beans
2013 - Winter Wheat

Basic Payment Scheme:
The vendor will be retaining the Basic Payment for 2016. There are 32.50 NML Entitlements that may be available by separate negotiation.

VAT:
Should the sale of the property or and right attached to it become a chargeable supply for the purpose of VAT such tax will be payable to the buyer in addition to the contract price.

Plans:
The plans as provided are for identification purposes only and the purchaser should satisfy themselves on the location and accuracy of areas and boundaries before submitting any offer.

Please note there is a public road which intersects compartments NG0275 and NG7150. For the avoidance of doubt this is specifically excluded from the sale.

Outgoings:
Drainage rates are payable for the land to the Environment Agency at a rate of £2.92 per hectare for the period ending 31/03/2017.

Sporting Rights:
The sporting rights are informally let for the 2016-17 season to a third party. A small area of land will be utilised for a game cover crop for the sporting season.

Tenantright:
Tenantright will be payable in addition to the purchase price in respect of growing crops. No dilapidations will be allowed.

Viewing:
At anytime during daylight hours with a set of particulars to hand. Interested parties are asked to register their interest with the Agent prior to visiting.

Brochure Details:
The brochure including photography was prepared by Perkins George Mawer & Co. In accordance with the vendors instructions of October 2016.

Interested in this property? Call us on 01673 843011
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PERKINS GEORGE MAWER & CO

01673 843011

Weekdays: 9:00am - 5:00pm
Saturday: 9:00am – 12noon

Corn Exchange Chambers, Queen Street, Market Rasen LN8 3EH

info@perkinsgeorgemawer.co.uk

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