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Agricultural land for sale

Middle Rasen, Faldingworth

SSTC

Interested in this property? Call us on 01673 843011

Property features

  • By Private Treaty as a Whole or in Two Lots.
  • Lot 1 Guide £1,500,000.
  • Lot 2 Guide £250,000.
  • 262.82 Acres (106.36Ha)
  • An equipped arable holding with range of farm buildings and residential dwelling
  • Land At Faldingworth & Middle Rasen

Property description

Summary
BEST AND FINAL OFFERS ARE INVITED BY 12NOON FRIDAY 31ST JULY 2020 262.82 Acres (106.36Ha) An equipped arable holding with range of farm buildings and residential dwelling (EPC E) with good road access (A46). Lincolnshire - Faldingworth/Middle Rasen By Private Treaty as a Whole or in Two Lots. Lot 1 Guide £1,500,000. Lot 2 Guide £250,000.

Top Farm And North View Farm Top Far is an equipped arable holding including a range of farm buildings and residential dwelling extending to about 222.62 Acres (90.09Ha). North View Farm comprises 40.20 Acres (16.27Ha) of bare, arable land.

Introduction The property comes to the market following occupation by the Cottingham Family for over 50 years.

It is offered For Sale as a Whole or in 2 Lots.

Situation Top Farm is located north-east of the village of Faldingworth. North View Farm lies south-west of Middle Rasen. Faldingworth is about 5 miles from Market Rasen, whilst Middle Rasen is 2 miles east of Market Rasen.

LOT 1 TOP FARM, FALDINGWORTH Red on plan To include a farm cottage, range of farm buildings and about 222.62 Acres (90.09Ha) of arable land.

The Farm Cottage A detached, 3-bed cottage of principally yellow brick and concrete tile construction. The property is UPVC double glazed. Mains water and electricity are connected. Drainage is to a septic tank. There is an oil-fired central heating system together with immersion heater and log burner.

The accommodation is arranged over 2-storeys, as follows;

Ground Floor – Entrance porch; Kitchen; Living room; Boiler room; Bathroom

First Floor – Bedrooms (x3)

The property extends to about 882.64sq.ft (82sq.m).

Outside there are good sized ‘cultivated’ garden grounds. There is also a small brick and slate domestic outbuilding with W/C and wood store.

The cottage is occupied by Mr.D.Cram under the terms of a protected residential tenancy.

Farm Buildings The Farm buildings are arranged around a central metaled yard, the details of which are as below;

General Purpose building (44’02" x 65’02") or (13.46m x 19.86m) 3-bay, concrete framed (Atcost) building with A/C corrugated cladding to sides and roof. Concrete floor. Double sliding doors to front elevation.

Corn Store (89’09" x 60′) or (27.35m x 18.28m) 6-bay, steel framed with brick elevation walls and corrugated A/C roof sheets. Central, galvanised drying tunnel with centrifugal fan(s) and drive-on, underfloor drying. Capacity approx. 1200t. Two, double sliding doors to front elevation. Fan house to rear.

Oil/Spares Shed (19’06" x 16’07") or (5.94m x 5.05m) Brick construction under A/C corrugated sheet roof with timber cladding to front elevation and pedestrian door. Concrete floor.

Timber framed building (former dwelling) with corrugated A/C sheet roof and pt. Corrugated tin sheet cladding/ pt. Brick to elevations and timber framed windows. The original accommodation comprised kitchen, bathroom, pantry, dining room, living room, and bedrooms (x2) and extends to 795sq.ft. (73.85sq.m).

The Land Several, good-sized parcels of arable land in a compact block considered ideally suited to modern farm machinery and arranged around a central farmstead. Access onto the A46.

LOT 2 40.20 ACRES AT NORTH VIEW FARM, MIDDLE RASEN Blue on plan A useful block of arable land with direct access of Lincoln Lane (A46).

The land is sold subject to a development overage clause in the amount of 25% for 50 years in respect of the area shown hatched.

GENERAL REMARKS AND STIPULATIONS

Method of Sale Offered for sale as a whole or in 2 Lots, by Private Treaty. The buyer will be required to exchange contracts as soon as possible following receipt by the buyer’s solicitor of a draft contract with completion by arrangement. A 10% deposit will be paid on exchange of contracts.

Tenure, Possession and Holdover The Land is offered for sale Freehold with Vacant Possessions on completion subject to holdover, if required.

Top Farm Cottage is sold subject to tenancy.

Farmland The land is shown as Grade III on the Agricultural Land Classification plan for the region. The soils according to the Soil Survey of England and Wales (1:250,000) scale plan are mainly Beccles 1, a chalky till comprising fine loamy over clayey soils considered suitable for Winter cereals, come potatoes and grassland.

The land has mainly been cropped with cereals and oilseeds and excellent yields have been enjoyed Field under drainage is in existence.

Outgoings Top Farm cottage is Council Tax Band C. The current charge for the year to 31st March 2021 is £1651.07 per annum. An Environment Agency General Charge is levied across the land in the present sum of about £2.83/Ha.

Holdover & Early Entry The Seller(s) will require holdover to harvest the growing crops. Early entry onto the land is available for the purposes of sawing crops, subject to the payment of a double deposit.

Basic Payment There are 106.13 NML (Non-SDA) entitlements included in the sale. These will be transferred to the buyer(s) on completion without further charge, subject to the appropriate regulations at the time.

The seller(s) will retain the 2020 claim payment.

The buyer(s) will be required to indemnify the seller(s) against any breaches of the Cross-Compliance rules on entering the land up to 31st December 2020.

Fixtures and Fittings All fixtures and fittings are excluded from the sale, unless mentioned in these particulars of sale.

Sporting, Minerals and Timber Included in the sale in so far as they are owned, subject to any statutory exclusions.

Services Mains water and single/3-phase electricity are connected to Lot 1. Drainage is to a private system.

EPC Top Farm cottage has an Energy Efficiency Rating : E

Tenantright The successful purchaser(s) will be required to pay for any seeds, fertiliser, cultivations, sprays and acts of husbandry relating to any growing crops on the land based on CAAV costings and actual costs.

TUPE There are no employees to transfer under the TUPE regulations.

Easements, Wayleaves and Rights of Way The property is to be offered for sale subject to and with the benefit of all existing rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights, easements, quasi easements and all wayleaves, whether referred to or not in these particulars.

A public footpath traverses Lots 1 and 2.

Overhead Electricity Transmission Lines further cross the land.

VAT Should any sale of the farm or any right attached to it become a chargeable supply for the purpose of VAT then such tax will be payable by the buyer in addition to the contract price.

Solicitors Bridge McFarland LLP, 26 Market Place, Market Rasen, Lincolnshire, LN8 3HL. T:01673843723 E: dxh@bmcf.co.uk (Ref: Mr.D.Harvey).

Useful Contacts West Lindsey District Council, Guildhall, Marshalls Yard, Gainsborough, Lincs, DN21 2NA T:01427676676.

Environment Agency, Kingfisher House, Goldhay Way, Peterborough, Cambridgeshire, PE2 5ZR T:03708506506

Areas and Schedules The plan(s) with these particulars is/are based on Ordnance Survey National Grid (1:10,000) maps of the area and is/are for identification only. The National Grid numbers and areas in the Schedules are taken from RPA maps. Purchasers are required to satisfy themselves about all areas. The plans and schedules are for illustrative purposes only and although believed to be correct their accuracy is not guaranteed.

Buyer Identity Check Please note that prior to acceptance of any offer we are required to verify the identity of the buyer to comply with the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.

Viewings Strictly by appointment with Selling Agents on (01673) 843011.

Interested in this property? Call us on 01673 843011

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