land for sale in Market Rasen, Lincolnshire

The land is located in and around the village of Atterby which is about 15 miles north of Lincoln, 14 miles south of Brigg and about 1 mile east of the A15.

The land is divided into 4 blocks and extends in total to about 68 acres.

The land is offered for sale by Informal Tender as a whole or in 4 lots. Interested parties are invited to submit their offers on the attached Tender Form in a sealed envelope marked ‘Atterby’ by 12 noon on Friday 11th July 2025 to PGM & Co, Corn Exchange Chambers, Queen Street, Market Rasen, Lincolnshire, LN8 3EH.

The Land is offered for sale Freehold subject to a Farm Business Tenancy. Vacant Possession is available from 6th October 2026. Earlier possession may be available by negotiation. The current rent is £11,030 per annum.

The property is registered under Land Registry Title Number LL229678.

Mineral, timber and shooting rights are all included with the Freehold in so far as they are owned, subject to any statutory exclusions.

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A good arable field shaded yellow on plan.

The land is in an arable rotation and extends to approximately 27.55 Hectares (68.06 Acres) in 4 lots. It is classified as Grades 2 and 3 on the Agricultural Land Classification Map – East Midlands Region.

The land is free-draining and the majority falls within the Aswarby Soil Association which is described as jurassic limestone and some clay with fine loamy soils over limestone with suitable cropping to include cereals, sugar beet and potatoes. The land is within a Nitrate Vulnerable Zone.

The land is currently let under the Agriculture Tenancies Act 1995 on a Farm Business Tenancy which ends on 6th October 2026. Holdover will be granted to allow the current tenant to harvest the growing crop.

The land is offered for sale subject to all existing rights, subject to and with the benefit of existing rights of way whether public or private, light, support, drainage, water and electricity supplies and other rights, easements and wayleaves whether referred to or not in these particulars. A gas main and an electricity wayleave crosses Lot 1.

The buyer(s) shall be deemed to have full knowledge of all boundaries and neither the Seller, nor the Seller’s Agent will be responsible for defining the boundaries or their ownership.

A general drainage charge is payable to the Environment Agency in relation to the agricultural land.

There are no mains services connected. Buyers should make their own enquires as to services in the vicinity. There are no irrigation rights included with the sale.

The agricultural land has been included in claims for the Basic Payment Scheme. The delinked payments will be retained by the outgoing tenant and are not included in the freehold sale.

There will be a development overage on Lots 3 and 4 for a period of 25 years from the date of completion. This will be triggered on the implementation of a planning permission for residential development or disposal of the land with the benefit of the permission, whichever is the sooner. The overage will relate to any uplift in value and the amount will be 25% of this uplift.

It is understood that none of the land is elected for VAT.

West Lindsey District Council, Guildhall, Marshall’s Yard, Gainsborough, Lincolnshire, DN21 2NA Tel: 01427 676676

Prospective buyers will be required to provide the necessary identification for the purposes of the Anti-Money Laundering Regulations.

These have been prepared as carefully as possible. The plans and photographs are for illustrative purposes only and although they are believed to be correct their accuracy cannot be guaranteed.

The land can be viewed at any time during daylight hours but it is advised that interest is registered with the Seller’s Agent to enable full access.

Bridge McFarland LLP, 26 Market Place, Market Rasen, Lincolnshire, LN8 3HL.
T: 01673 843273 E: dxh@bmcf.co.uk

Perkins George Mawer & Co, Corn Exchange Chambers, Queen Street, Market Rasen, Lincolnshire, LN8 3EH. T: 01673 843011 E:kath@perkinsgeorgemawer.co.uk