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Agricultural land for sale

33.34 Acres, Panton Road, East Barkwith, LN8
Guide price


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Property location

Property description

Lot 1 - 11.03 Hectares / 27.25 Acres - Guide Price: £205,000

Lot 2 - 2.40 Hectares / 5.93 Acres - Guide Price: £50,000

An excellent opportunity to acquire land is for sale as a whole or in two lots, each enjoying a gated access off Panton Road, East Barkwith

The land is situated fronting the west side of the Panton Road and lies south of the village of East Barkwith, approximately half a mile from the centre of the village.

The village lies on the A157 trunk road, three miles north east of Wragby, the City of Lincoln being approximately 12 miles away.

The land is classified as Grade III on the MAFF land classification maps for the region. The Soil Survey of England and Wales described the land as being of the Beccles 1 Association being fine loamy over clayey soil considered suitable for winter cereals, some potatoes and grassland. The land is at present in pasture and has the reputation of an excellent feeding field and all lies within a ring fence.

The land is for sale as a whole or in two lots each enjoying a gated access off Panton Road.

Lot 1:
11.03 Hectares / 27.25 Acres

Lot 2:
2.40 Hectares / 5.93 Acres

Important Note:
A Screening Application was favourably received from Natural England by letter on the 26th July 2016. Confirming that none of the subject land falls within the scope of the EIA regulations and therefore THE LAND CAN BE PLOUGHED AND CULTIVATED TO BRING IT INTO ARABLE PRODUCTION IF REQUIRED.

Guide Prices:
LOT 1 - £205,000

LOT 2 - £50,000

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

Basic Payment Scheme:
The Basic Payment Scheme entitlements are included in the sale. There are believed to total 15.60 Entitlements in all, to be apportioned if necessary. Upon completion reasonable endeavours will be used to transfer the Entitlements to the purchaser without charge. The 2017 BPS payment will be retained by the vendors.

No tenantright will be payable in addition to the purchase price. No dilapidations will be allowed.

There are no rights of way that effect the property. A 6" underground land drain crosses Lot 2.

Value Added Tax:
Should the sale of the property or any rights attached to it become a chargeable supply for the purpose of VAT such tax will be payable by the purchaser in addition to the contract price.

Mains water is available to both lots. The purchaser of Lot 1 will be responsible for the payment and provision of a water meter in order to monitor water to Lot 2.

Brochure Details:
This brochure is prepared by Perkins, George Mawer & Co in accordance with the sellers instructions of July 2017.

Interested parties are free to inspect the land during daylight hours with a set of particulars to hand. Please note that livestock are at present grazing the land and prospective purchasers are advised to take every precaution during inspection.

There are no known outgoings other than the nominal annual general drainage charge of approximately £2.89/acre payable to the Environment Agency.

1970s OS Mapping
1500 21.00
1986 0.39
1265 5.57
1157 0.44

TOTAL 27.40 Acres

1970s OS Mapping
2784 5.94 Acres

RLR Mapping
0886 8.59
1244 2.44
TOTAL 11.03 Hectares (27.25 acres)
2784 2.40 Hectares (5.93 acres)

Wilkin Chapman LLP, 17 Cornmarket, Louth, Lincolnshire, LN11 9QA, Tel: (01507) 606161

Interested in this property? Call us on 01673 843011
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