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Paddock for sale

Gainsborough Road, Market Rasen


Interested in this property? Call us on 01673 843011

Property features

  • 3.06 Acres
  • Permanent pasture grass land
  • Located to the West of the town of Market Rasen and to the East of Middle Rasen.

Property description

A 3.06 acres permanent pasture grass field located to the West of the town of Market Rasen and to the East of Middle Rasen.

Description A grass paddock situated between Market Rasen and Middle Rasen. Access to the land is via the main A631 Gainsborough Road with additional pedestrian access from Green Lane to the East. The field is enclosed by post and wire fencing and hedges.

The Land The land is classified as Grade 3 and the Soil Survey of England and Wales describes the land as Beccles 1, being fine loamy over clayey soils, suitable for grassland and winter cereals.

Basic Payment Scheme The land has been registered under the Rural Land Register. There are no entitlements to be transferred with the land.

Development Clause The land falls within open countryside under the Central Lincolnshire Local Plan (2012-2036) and there is a presumption against development. A pre-application enquiry was made to West Lindsey District Council and a copy of the response is available from the selling agent.
The land will be sold subject to a clawback with the reservation of 25% of any future development value for a period of 30 years.

Wayleaves & Easements The land is 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.
An electricity wayleave crosses the land.

Method of Sale The land is offered for sale by Informal Tender to be submitted by 12 noon on Friday 31st July 2020. 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.

Tender Tenders to be received at the office of the Sole Agent. Please mark envelopes ‘Gainsborough Road’. Tenders to be submitted on our tender form which is available upon request from the sole agent.

Tenure & Possession The land is for sale Freehold with Vacant Possession on completion. Early entry will be available subject to the payment of a 20% deposit.

Viewings In daylight hours. Strictly by appointment only.

Plans, Areas & Schedules The plan with these particulars is based on Ordnance Survey National Grid 1:10,000 maps of the area and is 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.

Solicitor Wilkin Chapman LLP
7 Bull Ring
Lincolnshire LN9 5HX
T: 01507 430621

Interested in this property? Call us on 01673 843011
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01673 843011

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

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

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